Tila | InjuryBoard Los Angeles

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...

Continue article

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...

Continue article

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...

Continue article

How wrong were Bush, Bernanke and Paulson on the state of the economy over the past six months? Very wrong. "I have great confidence in our capital markets and in our financial institutions. Our...

Continue article

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...

Continue article

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...

Continue article

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...

Continue article

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...

Continue article

The Associated Press reports that four Democratic senators, Serrod Brown (D-OH), Bob Casey (D-PA), Bob Menedez (D-NJ), and Charles Schumer (D-NY), are urging Fannie Mae and Freddie Mac to freeze...

Continue article

John McCain and Sarah Palin gave their opinions on the federal government's takeover of Fannie Mae and Freddie Mac, yesterday, in the Wall Street Journal. Here are a few of the pair's stances: "The...

Continue article

I wouldn't say that Douglas Holt-Eakin is confused on what Fannie and Freddie do operationally, about the origins of the two mortgage giants, nor what transpired over at Fannie and Freddie over that...

Continue article

On July 16, Federal Reserve Chairman Ben Bernanke told Congress that he believed Fannie Mae and Freddie Mac would be able to make it through the storm of the U.S housing crisis. In front of...

Continue article

Transparency. This word gets thrown around a lot when describing how banks and mortgage brokers were able to sell the some of the dubious mortgages (mortgages that were filled with TILA violations)...

Continue article

Barack Obama and John McCain have both stressed the need for greater transparency and imposing capital requirements on financial institutions since the debacles at Bear Stearns, IndyMac and Fannie...

Continue article

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...

Continue article