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Miscellaneous | InjuryBoard Los Angeles

On Mortgage Fraud: McCain vs. Obama
Posted by Paul Kiesel |
September 04, 2008 8:13 PM

Senators Barack Obama and John McCain want to go after predatory lenders. Senator Obama, contrary to Alaskan Governor Sarah Palin's claims about his Senate record in her acceptance speech at the...

On Mortgage Fraud: McCain vs. Obama Continue article

On Rescuing the Mortgage Giants, Fannie & Freddie: McCain vs. Obama
Posted by Paul Kiesel |
September 04, 2008 7:26 PM

Barack Obama and John McCain both support efforts to stabilize mortgage finance giants Fannie Mae and Freddie Mac, but only if needed and because both government sponsored entities are central to...

On Rescuing the Mortgage Giants, Fannie & Freddie: McCain vs. Obama Continue article

On Fighting Foreclosure: McCain vs. Obama
Posted by Paul Kiesel |
September 04, 2008 7:18 PM

Barack Obama wants to see the government step in to help homeowners facing foreclosure. John McCain, who several months ago stated he wouldn't support a foreclosure bailout, has recently changed his...

On Fighting Foreclosure: McCain vs. Obama Continue article

California's New Mortgage Rules, Schwarzenegger to Sign After a State Budget is Passed
Posted by Paul Kiesel |
September 03, 2008 6:17 PM

Below is information, provided by The OC Register, on California State Senate and Assembly bills that have been voted on within the last six weeks. Some have passed, some have not. A reporter for...

California's New Mortgage Rules, Schwarzenegger to Sign After a State Budget is Passed Continue article

GMAC Home Loan Unit: The Past Year has been Horrible, No Improvements on the Horizon
Posted by Paul Kiesel |
September 03, 2008 3:53 PM

Reuters and Bloomberg both reported today that GMAC's Home Loan Unit will fire 5,000 employees, or 60 percent of its staff, and close all 200 GMAC Mortgage retail offices because of "weak real...

GMAC Home Loan Unit: The Past Year has been Horrible, No Improvements on the Horizon Continue article

FHASecure: A PR-driven Bush Program?
Posted by Paul Kiesel |
August 29, 2008 6:36 PM

According to Guy Cecala, the publisher of Inside Mortgage Finance, who was interviewed for a Forbes article examining the failures of the FHASecure program, "FHASecure was a PR-driven program...

FHASecure: A PR-driven Bush Program? Continue article

Prime Borrowers Foreclosing at a Higher Rate than Subprime Borrowers
Posted by Paul Kiesel |
August 28, 2008 8:25 PM

The Hope Now coalition released information yesterday that finds prime foreclosure starts have finally moved ahead of subprime foreclosure starts for the first time since the industry coalition...

Prime Borrowers Foreclosing at a Higher Rate than Subprime Borrowers Continue article

Traveling to Canada or Mexico for Labor Day? Be Carfeul of Extra, Expensive Cellphone Charges
Posted by Paul Kiesel |
August 28, 2008 7:57 PM

I usually discuss recent news and developments surrounding the U.S. housing/mortgage crisis. However, after I came across this story in the Los Angeles Times, I couldn't help but relay this story to...

Traveling to Canada or Mexico for Labor Day? Be Carfeul of Extra, Expensive Cellphone Charges Continue article

FDIC's Worst-Case Scenario for IndyMac and Other Banks: Even Worse than Expected
Posted by Paul Kiesel |
August 27, 2008 8:35 PM

As Joe Biden said last year during the Democratic presidential primary debates, and will likely reiterate tonight in Denver, the main source for our current credit crisis lies in mysterious lending...

FDIC's Worst-Case Scenario for IndyMac and Other Banks: Even Worse than Expected Continue article

Biden to Focus on Economy, Housing Crisis, Foreign Policy and Life Story at Convention Tonight
Posted by Paul Kiesel |
August 27, 2008 3:05 PM

During a Democratic primary debate, in August, 2007, Joe Biden saw what many others didn't see or realize until months later: The credit crunch was running so deep -- it could effect several sectors...

Biden to Focus on Economy, Housing Crisis, Foreign Policy and Life Story at Convention Tonight Continue article

Democratic Convention to Focus on Hillary Clinton and Economy Tonight, Vice Presidential Nominee Joe Biden Stops by a Forum on Women's Issues and Economy
Posted by Paul Kiesel |
August 26, 2008 7:55 PM

Tonight's focus and theme at the Democratic Convention shifts to Hillary's anticipated speech and the economy. Hillary's speech is what many will be tuning in to watch or listen to; the several...

Democratic Convention to Focus on Hillary Clinton and Economy Tonight, Vice Presidential Nominee Joe Biden Stops by a Forum on Women's Issues and Economy Continue article

Home Prices Declining... Still?
Posted by Paul Kiesel |
August 26, 2008 5:34 PM

The housing market continues to struggle, the economy is still sputtering, another wave of foreclosures will start at the end of this year and, overall, the Case-Shiller index (and it's 10-city...

Home Prices Declining... Still? Continue article

FBI Predicted Mortgage Crisis, Observers See It as a "Gross Failure of Regulation"
Posted by Paul Kiesel |
August 26, 2008 12:07 AM

An FBI official, back in September, 2004, three years before the first wave of foreclosures hit the housing market, made a then chilling and portent observation: The booming mortgage business,...

FBI Predicted Mortgage Crisis, Observers See It as a "Gross Failure of Regulation" Continue article

Fed's New Truth in Lending Rules Not Being Followed, Real Estate Appraisers Still Inflating Values
Posted by Paul Kiesel |
August 25, 2008 2:40 PM

The Los Angeles Times reported Sunday that real estate evaluations are still being inflated, despite federal housing legislation that was signed last month tightening appraisal standards that comply...

Fed's New Truth in Lending Rules Not Being Followed, Real Estate Appraisers Still Inflating Values Continue article

Schumer will not be Investigated by California AG
Posted by Paul Kiesel |
August 22, 2008 9:15 PM

New York senator Charles Schumer will not be investigated for comments made about IndyMac Bancorp days before its collapse. California Attorney General Jerry Brown, on Thursday, sent a...

Schumer will not be Investigated by California AG Continue article

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