legislation

Real Estate Law

Long Island Judge Wipes Out Homeowner Debt. Victory for Consumers? Or Is It?

by Richard Warren | November 30, 2009
Thumbnail image for Long Island Judge Wipes Out Homeowner Debt. Victory for Consumers? Or Is It?

Last week a judge on Long Island wiped out a homeowner’s debt to Indymac Bank. (article) Many consumers are absolutely giddy over winning one against the “greedy” banks. What consumer wouldn’t want to have their own mortgage wiped out? It’s akin to finding a bag of money that fell off of an armored truck. While [...]

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Commentary

Cramdown Legislation & Blue Dogs

by Tom Koziol | April 17, 2009

Image via Wikipedia Language is a beautiful thing. It provides us with the ability to label everything. The label can be clear, concise and to the point or it can be clear as mud. Take the title of this post. The words seem to be clear, concise and to the point but in actuality they [...]

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Commentary

U.S. Senate Plans to Consider "Foreclosure Rescue Scam" Legislation. Its Time to Speak Up, Investors!

by Jim Watkins | February 28, 2008

Time to Speak UP! The following information is about what the U.S. Senate is up to. If any of this becomes law, it will have a direct and severe impact on my business. There are very good and honest investors out there and BiggerPockets has been a great place for new & seasoned investors to [...]

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