James Spiotto Joins Bruce Norris on the Real Estate Radio Show #275

This week Bruce Norris is joined once again by James Spiotto.  James is a partner with Chapman & Cutler Law Firm in Chicago.  He is an expert on the municipal bankruptcies, and he produced a document called A Primer on Municipal Debt Adjustments that Bruce recently read.  Mr. Spioto is head of the Litigation, Bankruptcy and Workout Group.  He has represented banks and bank groups, insurance companies, institutional investors, funds, indenture trustees and bondholders in litigation or workouts for more than 400 troubled debt financings in over 35 different states and ten foreign countries.  He has testified in front of Congress a number of times.  Bruce and James discuss fiduciaries and municipalities, meeting the long-term goals for employees both on the pension and municipal side, the ramifications of not fulfilling your promise in a business, James recent testifying on the ability or inability for a state to declare bankruptcy, rainy day funds, creating benefits for citizens and attracting employees, sovereign debt resolution, the economy in the early '80s compared to today, and much more on this week's real estate radio show and podcast.

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James Spiotto Joins Bruce Norris on the Real Estate Radio Show #274

This week Bruce Norris is joined by Jim Spioto.  Jim is a partner with Chapman & Cutler Law Firm in Chicago.  He is an expert on the municipal bankruptcies, and he produced a document called A Primer on Municipal Debt Adjustments that Bruce recently read.  Mr. Spioto is head of the Litigation, Bankruptcy and Workout Group.  He has represented banks and bank groups, insurance companies, institutional investors, funds, indenture trustees and bondholders in litigation or workouts for more than 400 troubled debt financings in over 35 different states and ten foreign countries.  He has testified in front of Congress a number of times.  Bruce and Jim discuss entitlement, Chapter 9 bankruptcy, defined benefits versus defined contributions, the CalPERS program, municipalities, the bankruptcy situations in Orange County and Vallejo, and much more on this week's real estate radio show and podcast.

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Sean O'Toole Joins Bruce Norris on the Real Estate radio show #273

This week Bruce Norris is joined once again by Sean O’Toole, founder and CEO of ForeclosureRadar.com.  Sean has been an experienced trustee sale investor, buying over 150 properties, both residential and commercial.  He also has a very intensive tech background that he has brought to ForeclosureRadar.com.  Bruce and Sean continue their discussion on shadow inventory, talk about pricing and the status of housing in the future, how foreclosures are affecting the banks, deed-in-lieu and the risks that come with it, principal reductions, loan mods, their trip to Washington D.C., the economic situation in Nevada compared to California, and much more on this week's real estate radio show and podcast.

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Sean O'Toole Joins Bruce Norris on the Real Estate radio show #272

This week Bruce Norris is joined by Sean O'Toole, founder and CEO of ForeclosureRadar.com.  Prior to launching ForeclosureRadar, Sean successfully purchased and flipped more than 150 residential and commercial foreclosures.  Bruce and Sean discuss Sean's website and how he has helped many through it, his goal when creating the site, the market today compared to earlier years, ForeclosureRadar's use in finding houses to repair, code enforcement, the increase in foreclosure sales and the dominant role they play today, the real estate debt at the peak of the market, the biggest mistakes Sean sees in trustee sales, the definition of drop bids, shadow inventory, and much more on this week's real estate radio show and podcast.

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