Chapter 1 – It Is About You: Page 17
·     Everyone is Unique
·     Separating From The Crowd
·     How You Can Use This Book To Find What You Need
Chapter 2 – Lending Money: Page 29
·     A Scenario For Your Consideration
·     Appearances Can Be Deceptive
·     Mortgage Financing In the Real World
Chapter 3 – History’s Greatest Source Of Wealth: The Lure Of Land: Page 37
·     Europe and the Enlightenment
·     America
·     The Lure of the Land
·     The Feudal Land System Ends In America
Chapter 4 – Homeownership In The 20th Century: Page 47
·     From Roosevelt to Roosevelt
·     Seeds of Change
·     The Housing Boom - -  WWII to the 1960s
·     The Era of HUD
·     Federal Tax PolicyÂ
·     Federal Aid through Surrogates
Chapter 5 – The Impact Of The GSEs And The Secondary Market: Page 61
·     The Value of the Secondary Market
·     Do GSEs Have an Unfair Advantage?
·     Being a GSE Has Its Privilege
·     Size Counts
·     Mortgage Underwriting Meets the Computer Age
·     And The Rest As They Say. . .
·     Was There Really No Warning?
Chapter 6 – “More Perfect†Housing Opportunities:Â
Page 7
·     Redlining
·     The Bigotry Problem
·     Laws of Unintended Consequences
Chapter 7 – Subprime Lending: Page 83
·     The Conception, Birth and Growth of Subprime
·     A New Secondary Market
·     Subprime Growing Pains
·     You Can’t Keep a Strong GSE Out
·     GSE Subprime
·     Grading Subprime
·     “Pick Your Poison†Mortgages
·     Credit and Subprime
·     Subprime and Credit Repair
·     Abuse of a Good Idea
Chapter 8 – Boom, Bust, And Mind Games: Page 101
·     Market Highs and Lows
·     Psychology
·     Boom and Bust In “The Land of Flowersâ€
·     Word of the Year
·     The Value of Expectations
·     Calculating Consumer Confidence
·     Psychology of Borrowing
·     Psychology of Lending
·     Political Psychology
·     Personal Psychology
·     A Personal Renaissance
Chapter 9 – Dealing With The Meltdown: Page 119
·     David and Goliath
·     Someone Will Pay
·     Declaring Independence
·     Dealing With Being Upside-Down
·     The Vanishing
·     Back At the Ranch (Somewhere. . . In America)
·     No Magic in the Disappearing Act
·     The Upside-Down Dilemma
·     I Can Afford the Payments, But. . .
·     The Answer Is Not Preordained
Chapter 10 – Dealing With Troubled Borrowers And Lenders: Page 133
·     Won’t The Government Save Me?
·     Why It Benefits Lenders to Avoid Foreclosure
·     Primary Lender Concerns
·     Will The Borrower Follow Through?
·     A Bit of Empathy for the Lender
·     Respect
·     Silence Speaks Loud and Clear
·     Head-In-The-Sand Syndrome
·     Preparation is Powerful (And Essential)
·     Knowing the Questions Before They Are Asked
·     Being Prepared With Answers
·     Coming To Terms With The Mortgage Terms
·     Making Contact: The Sooner the Better
·     The Securitization Complication
·     The Part of “No†You Need to Know
·     A Recorded Record
·     Caution: Use in Case of Extreme Confidence Only
·     A Written Record
·     Is a Lawyer Needed?
·     Loan Modification Companies
·     HOPE Now . . . Or Not?
·     Overview: Foreclosure Avoiding Process
·     Attitude
·     And . . . One More Not So Minor Detail
·     Loss Mitigation And Home Retention Department Phone Numbers
Chapter 11 – Foreclosure: Avoiding, Surviving, And Moving Beyond: Page 163
·     What About The Government Rescue?
·     The Typical Foreclosure Process
oThe Basic Foreclosure Process
·     Avoiding Foreclosure - - Just Sell It
·     Avoiding Foreclosure – - Banking on the Lender
·     Mortgage Restoration
o   A Full Reinstatement
o   A Partial Reinstatement
·        Mortgage Relief
o   A Repayment Plan
o   A Short-term Forbearance
o   A Long-term Forbearance
·        Refashioning The Mortgage
o   Making Mortgage Modifications
o   The Partial Claim Option
·        FHA Refinancing
·        Selling It, With A Bit Of Help from My Lender
o   Deficiency Judgments
o   Second Mortgages
·        A Hardship Assumption
·        Deed In Lieu of Foreclosure
·        A Short Sale Agreement
·        A Make-Whole Pre-Foreclosure Sale
·        Surviving Foreclosure
·        When Foreclosure Is Best For The Lender
·        When Foreclosure Is Best For The Borrower
·        Afterlife: Moving Beyond Foreclosure
·        The Challenges Of Moving Beyond Foreclosure
·        Loss Of The Security Regarding The Basic Need Of Foreclosure
·        Loss Of Our Largest Resource Of Wealth
·        Dealing With A Damaged Credit Report
·        Aligning Our Thoughts And Actions
Chapter 12 – Thriving In A Melted Market: Page 195
·        What to Think?
·        Opportunity of a Problematic Market
·        It’s a Real Estate Sale!
·        Why Sell in a Down Market?
·        Hot or Cold: All Real Estate Values Are Local
(And Personal)
·        When Lenders Say No, Sellers Say Yes
·        We Finance
·        Recorded Note and Mortgage
·        Wrapping Around
·        Contract For Deed
·        Purchasing With a Lease Option
·        Building a Bridge
·        Is Eight Enough?
Chapter 13 – Minding Money: Page 217
·        An American Story
·        Capital Punishment
·        Paths to Success
·        A Signal to Reassess
·        Financial Self-Examination
·        Advice is Everywhere
·        Conventional Financial Wisdom
·        A Workable Financial Plan
·        Accumulating Cash Reserves
·        Possible Pools Of Liquid Reserves
·        Giving Ourselves Proper Credit
·        Financial Astuteness
In The End – It Is Still About You: Page 235
·        The Unfairness Of Fairness
·        The Mindsets that Got Us Here
·        What You Can Do About It
Resources:Â Page 240
Index:Â Page 241
Contributors Contact Information:Â Page 243