Los Angeles Times | InjuryBoard Los Angeles

From the Wall Street Journal: The relentless slide in home prices has left nearly one in six U.S. homeowners owing more on a mortgage than the home is worth, raising the possibility of a rise in...

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A few excellent points on the $700 billion Rescue Package have been made since President Bush signed it into law last Friday. 1. The plan does not recapitalize banks, it just buys their troubled...

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From NBC News: The engineer of a Metrolink commuter train sent a text message 22 seconds before the collision with a freight train in Los Angeles last month that killed 25 people, federal...

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Metrolink has decided to improve its safety technology by implementing its commuter trains with automatic train stop devices designed to prevent train collisions. This type of safety device may be...

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House Representative Barney Frank, chairman of the House Financial Services Committee, who has been pushing for foreclosure aid to be added to the Bush Bailout Plan all weekend, reports that...

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Just last year, the head of Metrolink warned Congress that any proposals to require updated safety devices on trains, like positive train controls, would involve "substantial cost" and that...

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Who deserves the blame for the economic and housing crisis? It's difficult to point the finger at one individual for instigating this mess, because many people were involved. In fact, the blame...

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The family of Aida Magdaleno filed a claim today against Metrolink, alleging the agency chose not to use the available rail safety features needed to protect Southern California rail commuters. “We...

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According to Saturday's, September 13, 2008, Los Angeles Times, Federal investigators continued to comb the twisted wreckage of a commuter train in Chatsworth today as fresh details emerged that a...

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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...

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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...

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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,...

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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...

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Below are excerpts from a Los Angeles Times article explaining how troubled IndyMac borrowers are eligible to have their loans modified. According to the FDIC, the most important thing borrowers...

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There is good news and bad news coming from Zillow.com's recent home value statistics for the Los Angeles area. The good news: If you purchased your current home in 2003, you're very likely not to...

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