Category Archives: foreclosure

Good thing the foreclosure crisis has been resolved!

Sarcasm, folks. Of course it hasn’t been resolved. But, listening to the presidential debates and the main talking points this election, you’d think it had been. Why? BECAUSE NO ONE IS TALKING ABOUT IT. Not Romney. Not Obama. No one. Or is it just me? I mean, I guess it could just be me. I […]

"Thank you, Foreclosure" on Huff Post Live

Screenshot from today’s Huff Post Live conversation Just this morning Bob said that he’s been feeling grateful for our near foreclosure and bankruptcy because it’s had him feel stronger and more connected to the impact of our financial decisions.  Later in the day, I received an e-mail from a Huff Post Live producer – completely […]

Did the foreclosure crisis turn us into nomads?

Pablo Neruda packed into the car for our move from L.A. to Chicago in 2009 As a teenager, when I imagined the map of my life, there were push pins all over the world. I visualized myself as a traveler. At one point I even wanted to be a foreign corespondent. I wanted drama, excitement, […]

Would you sell out your house in order to save it from foreclosure?

Here’s the thing. I don’t like the look of it either. I’m talking about those Bank of America ads on the Wabash Avenue bridge houses in Chicago. Have you seen them? Yeah, they’re not pretty. Our new mayor, Rahm Emanuel, signed a 30-day lease with Bank of America for that space, according to the Chicago […]

Anonymous people who hate

On Friday, Eastsider LA ran this short piece about the book: Silver Lake Foreclosure Drama Goes from Blog to Book. “Did you see the Eastsider LA story about the book,” I asked Bob as he walked in the door after work. “Yeah. And don’t worry. There were people defending you too.” “Defending me? What?” “In […]

Banks burn borrowers post-foreclosure

If you’re someone who is in foreclosure or teetering on the precipice, you need to read this Wall Street Journal article: House is Gone But the Debt Lives On Why is it essential reading? Because it sheds light on the fact that banks are more actively pursuing borrowers post-foreclosure for the loss on the house. […]

Foreclosure Fraud: Did the bank lose your paperwork?

This is not a feel good blog post.This post is very likely to make your blood boil.To twist your stomach into knots.At the heart of this post is outrage and disgust. Here we go… On Sunday night, 60 Minutes featured an incredible story about the foreclosure crisis that brings this entire disaster to an all […]

Imagine this foreclosure story

Imagine you’re 75-years-old. You live in New York State with your spouse and together you have a daughter in Chicago and a son in Connecticut. Imagine you and your spouse are tucked into bed, sleeping peacefully at 9:45 PM when you’re startled awake by banging at your door. What goes through your mind? Someone’s been […]

Could you live in an airstream without any closets?

Way back when we were fighting foreclosure we fantasized about selling everything and moving into an Airstream. I even blogged about it (here). I figured if we’re downsizing, let’s really downsize. And why not be mobile too. Travel the U.S. Do something bold that we’d never do otherwise. Having packed up our belongings and moved […]

How To Breathe When You’re Underwater

This morning I woke up to an article from CNN Money that gives the stat that 30% of all mortgages are underwater. The first two lines read: “Sometime, somehow, the foreclosure crisis will ease. But probably not anytime soon.” Kind of a downer, right? Kind of? Ha. Definitely. And if you’re underwater or facing foreclosure, […]