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Strategic Mortgage Default in California

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Psychology of Mortgage Default

May 13th, 2010 · Comments Off · Uncategorized

There have been a recent slew of articles along the lines of Emotions Drive Many Mortgage Defaults and The Psychology of Strategic Default by the Wall Street Journal following the publication of a study, Walking Away: The Emotional Drivers of Strategic Default, by Brent White of the University of Arizona Law School.
I know a lot [...]

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California Mortgage Forgiveness Tax Relief Signed Into Law

April 10th, 2010 · Comments Off · Uncategorized

Gov. Arnold Schwarzenegger signed a bill that brings California back into partial conformity with the federal law providing mortgage debt forgiveness tax relief retroactive to 2009 (prior California law covers 2007-2008).  See the San Francisco Chronicle Article Here.
This is really good news.  You still need to analyze the details of the law, as compared [...]

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Welcome to the Payorgo.com

April 7th, 2010 · Comments Off · Uncategorized

Actually, the site has been around since December 2008, but recently expanded to provide, slowly but surely, more information learned in my last three years as working as a litigator and counselor in the residential mortgage space. I am also looking for information and comments from you. Please send them to payorgo@peterfredmanlaw.com. Thanks. Peter. [...]

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