Angelo Mozilo: What Will Be His Legacy? - Press Releases
Richard Bitner, author of Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse, provides a look at what Angelo Mozilo's,...
FICO - The Late, Great Credit Score? - General Info
Is FICO still relevant to the mortgage industry?
I can see it now. No matter how this question gets answered, it’s
certain to illicit some...
Not Your Garden Variety Foreclosures - General Info
RealtyTrac announced today that foreclosures are up markedly. While
the number of foreclosure filings, which includes default notices,
auction sales...
New York Appraisals - Atta Boy Cuomo! - General Info
It’s not official yet, but it looks like
New York Attorney General Andrew Cuomo is about to take the first, in
what will hopefully be a series of...
Supersize Your Mortgage Bailout - General Info
On Wednesday, the Office of Thrift Supervision (OTS) unveiled a plan to help mortgage borrowers in trouble. The government agency urged federal...
Greed, Fraud and Duplicity: How the Housing/Lending Bubble Inflated - General Info
Author Richard Bitner was kind enough to send me a copy of his new book Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage...
Mortgage Fraud - General Info
Reports of mortgage fraud are becoming abundant these days. I read a good book recently called Greed, Fraud and Ignorance: A Subprime Insider's Look...
Mortgage Broker Pleads Guilty To Fraud - General Info
In some respects, I should not be
surprised. In hearing that a Houston-based mortgage broker had pleaded
guilty two weeks ago to one count of bank...
How to Tackle Mortgage Fraud - General Info
For all the negative impacts associated
with industry fraud, the courts have finally shown a willingness to
punish players who made it happen. In...
Book Review for Greed, Fraud &Ignorance - Brochure
ColoradoBiz Magazine reviewed Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse by Richard Bitner. They called it an...
Moody's Agency Doesn't Go Far Enough to Fix the Mortgage Crisis - General Info
Moody’s Investors Services announced Monday
that it was considering changes in its rating system, including how it
appraises mortgage-related...
Richard Bitner, Partner of LTV Media
Richard Bitner is the President of LTV Media LLC, a publishing and communications company. As a 14-year veteran of the mortgage industry, he spent...
Time to Appraise System That's All to Open to Abuse - Brochure
Article in the Fort-Worth Star Telegram quoting Richard Bitner, author of Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage...
Former Subprime Lender Says Countrywide's Mozilo Should Give it All Back - Press Releases
A former subprime lender and author of the soon-to-be released book believes that Countrywide CEO Angelo Mozilo’s decision to forfeit $37.5 million in...
Housing and Mortgage Crisis-Why Mortgage Loan Limits Should Not Be Raised - General Info
With all due respect to Governor Arnold-ator, Congressional action to raise conforming loan limits is ill-conceived. First, in response to the notion...
Merrill Lynch and Lawrence Yun - The Housing and Mortgage Crisis - General Info
Yesterday Merrill Lynch forecasted a 15% drop in property values for 2008, with another 10% forecasted for 2009. Having sold loans to Merrill and...
Subprime Lender's Inside Story of the Mortgage and Housing Crisis - General Info
Looking back, the idea of starting a subprime mortgage company seems crazy. That conclusion has nothing to do with the industry’s implosion six years...
Mortgage Book - Read the Insider Secrets From A Subprime Lender about the Mortgage/Housing Crisis - General Info
Introduction A year ago, I never thought there would be a need for me to write about the subprime industry. I knew the business was flawed, but it...
Subprime Lender's Inside Story of the Mortgage and Housing Crisis - Brochure
Greed, Fraud & Ignorance is a Subprime Lender's Inside Look at the Collapse of the Housing and Mortgage Markets.