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Just hours before a Los Angeles jury was to hear opening statement in a long running Sex Abuse case the case settles. Kiesel Bucher & Larson LLP partner, Raymond P. Boucher, was preparing to...
It is unlikely that a substantial mortgage bailout will occur anytime soon. It might not happen all together. Granted, some mortgagees will find relief and at some point in time our government will...
The FBI released its Mortgage Fraud Report today, and it presents a startling statistic: mortgage fraud increased 500% in 2007 from 2003 and is likely to be 10 times worse than 2003 by the end of...
Fannie Mae and Freddie Mac, two financing giants, might be in need of some financial help, as early as this summer. And it's looking like they're going to need a lot of help; somewhere between $420...
The time is coming when interest rates will reset in prime loans that were given to people with good credit in the last two years. These resets will have ramifications that are as bad or worse than...
From 2000-2006, Lincoln, California was the fastest growing suburb in the U.S. In seven years the town's population went from 11,000 to 40,000 residents. The town's motto: a small community with big...
As if access to medical care isn't difficult enough hospitals have been accused of patient dumping. A hospital in Costa Mesa California is accused of transporting a mentally ill patient over 40...
First Priest Molesation trial for personal injuries set to begin
Yesterday, on PBS' Newshour, Congressman Barney Frank debated Congressman Tom Price (R-Roswell) on the issues surround the latest housing bill that passed the House vote earlier in the day. During...
Below is an excerpt from a Seattle Post-Intelligencer article from earlier this morning that relates the story of another borrower who was taken advantage of via TILA documents. Nancy was a...
Yesterday, before the House passed its housing-relief bill (a bill that President Bush has already promised to veto), Senator Chris Dodd spoke on C-SPAN's Newsmakers program and had these comments...
According to housing statistics released by Money Magazine, below is a list of ten housing markets that are expected to see the most severe losses over the next 12 to 18 months. The trends show a...
President Bush made it clear today that if the current housing-relief bill, championed by Representative Barney Frank (D-MA), reaches his desk, he will veto it. He told Democratic leaders not to...
Countrywide is freezing the home-equity credit lines of almost all its Las Vegas customers and will proceed in doing the same to its customers in the Chicago and Los Angeles markets, which both...
The FBI is forming a subprime lending task force in response to possible fraud and misconduct by subprime lenders. Over the last six weeks federal authorities have been trying to determine whether...
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