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Mortgage | InjuryBoard Los Angeles

If You Have an Option ARM Loan with FDIC IndyMac, Read This!
Posted by Paul Kiesel |
October 10, 2008 9:47 PM
Category: Miscellaneous

Any Californian who has a Pay Option ARM loan from IndyMac (now FDIC IndyMac) that was originated between 2004 and 2007 and has faced or will be facing an interest rate reset (ballooned monthly...

If You Have an Option ARM Loan with FDIC IndyMac, Read This! Continue article

WSJ, Los Angeles Times, and Zillow: One in Six U.S. Homeowners are "Under Water"
Posted by Paul Kiesel |
October 09, 2008 8:33 PM
Category: Miscellaneous

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...

WSJ, Los Angeles Times, and Zillow: One in Six U.S. Homeowners are "Under Water" Continue article

The Second Presidential Debate and the Mortgage Crisis
Posted by Paul Kiesel |
October 08, 2008 7:44 PM
Category: Medical Devices & Implants

The beginning of last night's Presidential Debate focused on the economy, naturally. Both candidates laid out their plans for how they would fix the economic woes many Americans face and will...

The Second Presidential Debate and the Mortgage Crisis Continue article

Countrywide Mortgage Modification to Help 125,000 Struggling Californians
Posted by Paul Kiesel |
October 07, 2008 3:54 PM
Category: Miscellaneous

Bank of America, which purchased Countrywide Financial over the summer, will help almost 125,000 Californians who are struggling with pay option arm loans originated by Countrywide. The move that...

Countrywide Mortgage Modification to Help 125,000 Struggling Californians Continue article

400,000 Countrywide Mortgages to be Modified
Posted by Paul Kiesel |
October 06, 2008 8:59 PM
Category: Miscellaneous

From USA Today: Nearly 400,000 homeowners will be able to have their mortgages made more affordable under an agreement Monday by Bank of America to modify mortgages originated by Countrywide...

400,000 Countrywide Mortgages to be Modified Continue article

Bailout Bill May Help Borrowers
Posted by Paul Kiesel |
October 06, 2008 8:20 PM
Category: Miscellaneous

Homeowners at risk of foreclosure may benefit from provisions in the bailout bill designed to modify their mortgages. The National Association of Realtors said it's pleased with many of the...

Bailout Bill May Help Borrowers Continue article

Governor Schwarzenegger Vetoes Subprime Mortgage Reform Bill
Posted by Paul Kiesel |
October 02, 2008 3:09 PM
Category: Miscellaneous

Amidst the frenzy of last week's stock market turbulence, the $700 billion rescue package, and the Presidential Debate, Governor Schwarzenegger vetoed a bill last Thursday that would have prevented...

Governor Schwarzenegger Vetoes Subprime Mortgage Reform Bill Continue article

When it Comes to the Bailout, Some Refuse to See the Facts
Posted by Paul Kiesel |
September 30, 2008 9:58 PM
Category: Miscellaneous

There are a lot of different news outlets and political blogs pointing fingers at who's to blame for the financial crisis and why Americans should or should not support the failed bailout (or...

When it Comes to the Bailout, Some Refuse to See the Facts Continue article

Loan Modification and Foreclosure Mitigation Efforts in the Bailout Bill
Posted by Paul Kiesel |
September 29, 2008 8:04 PM
Category: Miscellaneous

A key provision added to the bailout bill by Democrats last week, and a provision that likely dissuaded about two-thirds of House Republicans from voting "Aye" on the failed bill today, deals with...

Loan Modification and Foreclosure Mitigation Efforts in the Bailout Bill Continue article

Bush Bailout Plan Part II: Why the House Turned Its Back on the $250 Billion Revised Package (with a $450 Billion Option)
Posted by Paul Kiesel |
September 29, 2008 6:45 PM
Category: Miscellaneous

After the biggest one day point drop ever for the Dow Jones Industrial Average, due in large part to widespread panic after the "Bush Bailout Bill Part II" was defeated in the House earlier today,...

Bush Bailout Plan Part II: Why the House Turned Its Back on the $250 Billion Revised Package (with a $450 Billion Option) Continue article

SEC Chairman Chris Cox: "Market Ripe for Fraud and Manipulation"
Posted by Paul Kiesel |
September 23, 2008 2:15 PM
Category: Miscellaneous

SEC Chairman Chris Cox testified this morning at the Senate Banking Committee hearing in regards to the potential Wall Street Bailout plan that was proposed over the weekend. Cox said that his...

SEC Chairman Chris Cox: "Market Ripe for Fraud and Manipulation" Continue article

Who's to Blame for the Economic & Housing Crisis?
Posted by Paul Kiesel |
September 18, 2008 3:48 PM
Category: Miscellaneous

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...

Who's to Blame for the Economic & Housing Crisis? Continue article

Michigan Republicans Plan to "Foreclose" on Voters to Help McCain
Posted by Paul Kiesel |
September 12, 2008 8:06 PM
Category: Miscellaneous

According to CBS News, Michigan Republicans are planning to use a list of foreclosed homes throughout the state to block people from voting in the upcoming presidential election in counties where...

Michigan Republicans Plan to "Foreclose" on Voters to Help McCain Continue article

Foreclosure Crisis: Before a Subprime Problem, Now an Everybody Problem
Posted by Paul Kiesel |
September 12, 2008 3:44 PM
Category: Miscellaneous

August foreclosures hit an all-time high: 304,000 homes were in some stage of default and 91,000 families lost their homes. The hardest hit housing markets continue to be in Arizona, California, and...

Foreclosure Crisis: Before a Subprime Problem, Now an Everybody Problem Continue article

Democrats and Republicans Finally Agree... At Least on One Issue
Posted by Paul Kiesel |
September 11, 2008 5:46 PM
Category: Miscellaneous

What's the difference between a Republican hockey mom and a Democrat that owns a pit bull? Obviously, a lot ! However, Democrats and Republicans can agree there's one emerging issue on which they're...

Democrats and Republicans Finally Agree... At Least on One Issue Continue article

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