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Foreclosure | 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

The Next Bailout: How Much Will It Cost?
Posted by Paul Kiesel |
October 07, 2008 4:35 PM
Category: Miscellaneous

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...

The Next Bailout: How Much Will It Cost? 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

32 Problems with the Wall Street Bailout
Posted by Paul Kiesel |
September 22, 2008 7:28 PM
Category: Miscellaneous

Actually, there may be more or less than 32 problems with Bush's Wall Street Bailout proposal, but there is no greater problem than the 32 words present in Section 8 of the Bush Administration's...

32 Problems with the Wall Street Bailout Continue article

Biden: End "Cowboy Mentality" of Bush-McCain Era of Deregulation on Wall Street
Posted by Paul Kiesel |
September 19, 2008 7:56 PM
Category: Miscellaneous

Democratic vice presidential candidate Joe Biden told about 1,000 supporters earlier today in Virginia that, "ending the cowboy mentality of the Bush-McCain era" on Wall Street is part of the...

Biden: End "Cowboy Mentality" of Bush-McCain Era of Deregulation on Wall Street Continue article

What's Missing From Bush's Bailout Plan? For Starters, the Word Bailout...
Posted by Paul Kiesel |
September 19, 2008 7:36 PM
Category: Miscellaneous

It's finally happened. The federal government, much to the chagrin and support of Congressional leaders, stepped in this morning and has written a blank check for Wall Street's blunders. In his...

What's Missing From Bush's Bailout Plan? For Starters, the Word Bailout... 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

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