Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-58971 Thu, 11 Feb 2016 16:08:02 GMT Charlotte Property Investor Admits To Ponzi Scheme http://implode-explode.com/viewnews/2016-02-11_CharlottePropertyInvestorAdmitsToPonziScheme.html iehi-feed-58954 Tue, 09 Feb 2016 22:14:30 GMT Quicken Loans Super Bowl Ad Promotes Using Homes As ATMs http://implode-explode.com/viewnews/2016-02-09_QuickenLoansSuperBowlAdPromotesUsingHomesAsATMs.html iehi-feed-58953 Tue, 09 Feb 2016 19:41:49 GMT Nationstar: Servicer's Stock Price (And With New Branding Scheme, It's Dignity) Closes at New Low... | Mandelman Matters http://implode-explode.com/viewnews/2016-02-09_NationstarServicersStockPriceAndWithNewBrandingSchemeItsDignityC.html iehi-feed-58945 Tue, 09 Feb 2016 02:58:55 GMT Nationstar: A Multi-billion Dollar Settlement over Foreclosure Practices Waiting to Happen | Mandelman Matters http://implode-explode.com/viewnews/2016-02-08_NationstarAMultibillionDollarSettlementoverForeclosurePracticesW.html iehi-feed-58929 Sat, 06 Feb 2016 15:45:43 GMT "Survivor" Contestant Turned Ponzi Schemer Busted For Kiddie Porn http://implode-explode.com/viewnews/2016-02-06_SurvivorContestantTurnedPonziSchemerBustedForKiddiePorn.html iehi-feed-58923 Sat, 06 Feb 2016 11:52:02 GMT California No Longer Foreclosure 'Kingpin'? Playing with the data... again. | Mandelman Matters http://implode-explode.com/viewnews/2016-02-06_CaliforniaNoLongerForeclosureKingpinPlayingwiththedataagainMande.html In fact, a half a percent drop in the loosely defined non-current rate could just be a statistical anomaly since the data came from Black Knight Financial, which used to be LPS, and they're a company that tracks roughly 40 percent of all mortgages.  So, the half a percent drop in the non-current rate, if it didn't sound small enough already, might not even be there at all!...

if the number of underwater homes nationally in 2015 fell by almost a million from 2014, which is roughly a 20 percent decline, then shouldn't foreclosures in 2015 nationally have fallen by more than just one percent? I mean, if underwater homes are the major factor in foreclosures, then 20 percent fewer underwater homes should mean more than a one percent drop in foreclosures, right? Am I missing something here?

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iehi-feed-58893 Wed, 03 Feb 2016 13:53:27 GMT California Supreme Court Ruling is an Important Win for Homeowners | Mandelman Matters http://implode-explode.com/viewnews/2016-02-03_CaliforniaSupremeCourtRulingisanImportantWinforHomeownersMandelm.html iehi-feed-58884 Tue, 02 Feb 2016 14:10:19 GMT Mortgage Forgiveness Debt Relief Act Extended Again... and Again... and Again | Mandelman Matters http://implode-explode.com/viewnews/2016-02-02_MortgageForgivenessDebtReliefActExtendedAgainandAgainandAgainMan.html iehi-feed-58857 Fri, 29 Jan 2016 20:09:41 GMT Disabled Combat Veteran Sues Wells Fargo http://implode-explode.com/viewnews/2016-01-29_DisabledCombatVeteranSuesWellsFargo.html iehi-feed-58845 Fri, 29 Jan 2016 00:09:03 GMT 1st Circuit COA Affirms Conviction Of Mortgage Fraudster http://implode-explode.com/viewnews/2016-01-28_1stCircuitCOAAffirmsConvictionOfMortgageFraudster.html iehi-feed-58826 Wed, 27 Jan 2016 03:49:04 GMT Measuring the Real Costs of Credit Damage | Mandelman Matters http://implode-explode.com/viewnews/2016-01-26_MeasuringtheRealCostsofCreditDamageMandelmanMatters.html iehi-feed-58822 Wed, 27 Jan 2016 02:40:32 GMT Cheap Detroit Homes And Straw Deals Don't Mix http://implode-explode.com/viewnews/2016-01-26_CheapDetroitHomesAndStrawDealsDontMix.html iehi-feed-58808 Mon, 25 Jan 2016 19:48:22 GMT US Sen.Nelson Asks For SIGTARP Investigation Into Florida Hardest Hit Fund http://implode-explode.com/viewnews/2016-01-25_USSenNelsonAsksForSIGTARPInvestigationIntoFloridaHardestHitFund.html iehi-feed-58807 Mon, 25 Jan 2016 17:47:10 GMT Hudson Valley Developer Admits To HUD Kickback Scheme http://implode-explode.com/viewnews/2016-01-25_HudsonValleyDeveloperAdmitsToHUDKickbackScheme.html iehi-feed-58806 Sun, 24 Jan 2016 21:10:07 GMT Florida Supreme Court Issues New Foreclosure Rules http://implode-explode.com/viewnews/2016-01-24_FloridaSupremeCourtIssuesNewForeclosureRules.html iehi-feed-58805 Sun, 24 Jan 2016 18:26:22 GMT FinCEN To Require Reporting Of Cash Real Estate Deals http://implode-explode.com/viewnews/2016-01-24_FinCENToRequireReportingOfCashRealEstateDeals.html iehi-feed-58787 Fri, 22 Jan 2016 21:43:09 GMT Finance Guru Jules Reich Accused Of Murdering Wife http://implode-explode.com/viewnews/2016-01-22_FinanceGuruJulesReichAccusedOfMurderingWife.html iehi-feed-58785 Fri, 22 Jan 2016 18:35:59 GMT Family Homeless As HOA Snatches Mortgage Free Home For Unpaid $1900 Bill http://implode-explode.com/viewnews/2016-01-22_FamilyHomelessAsHOASnatchesMortgageFreeHomeForUnpaid1900Bill.html iehi-feed-58775 Fri, 22 Jan 2016 01:30:27 GMT Larry Flynt Preparing Bid To Buy The Playboy Mansion http://implode-explode.com/viewnews/2016-01-21_LarryFlyntPreparingBidToBuyThePlayboyMansion.html iehi-feed-58768 Thu, 21 Jan 2016 00:45:32 GMT Florida 4th District Court of Appeals Upholds JPMorgan Chase Lacks Standing http://implode-explode.com/viewnews/2016-01-20_Florida4thDistrictCourtofAppealsUpholdsJPMorganChaseLacksStandin.html