Posts tagged fraud

• Salon: Why Loan Modification Scams are Booming

  Paul Kiesel | September 24, 2009 6:28 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  FYI: Here's a link to a blog I wrote a year ago that portends what's being described in the article below. From Salon.com: During the go-go years of the real estate bubble, shady mortgage brokers...

• Online Travel Companies (OTCs): Ready to Pay Some Taxes?

  Paul Kiesel | June 16, 2009 2:47 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  *The law firm of Kiesel Boucher Larson is involved in multiple class-action cases against the online travel companies. From the New York Times: FOR years, online travel companies like Expedia,...

• Operation Cover Me Fighting Back Against Auto Insurance Fraud

  Amber Wheat | February 05, 2009 12:30 PM | 0 CommentsSacramento, CA Category: Automobile Accidents
  

  During tough economic times it is hard to make ends meet. With all the monthly bills that pile up, one of the hardest ones to swallow is auto insurance. It’s betting on losing and most people...

• FBI: Beware of Loan Modification Scams

  Paul Kiesel | October 28, 2008 4:08 PM | 28 CommentsLos Angeles, CA Category: Miscellaneous
  

  According to the Justice Department, San Joaquin Valley has been a hotbed for foreclosure modification scams, as cities like Stockton, Modesto and Merced top the foreclosure rankings among cities...

• NYT: FBI Joins the Mortgage Fraud Game Late and Now Doesn't Have Enough Players

  Paul Kiesel | October 21, 2008 6:40 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  Here's an interesting New York Times article describing the problems the FBI has been having in handling mortgage fraud cases. The FBI increased its efforts and resources over the spring to...

• Driving Under the Influence

  Amber Wheat | October 15, 2008 2:37 PM | 0 CommentsSacramento, CA Category: Automobile Accidents
  

  This is a pretty hot topic right now because of the increasing number of collisions that involve alcohol or drugs. Anyone who has been caught drunk driving will tell you it’s not worth the...

• McCain-Palin Economic Plan Lacks Transparency in Wall Street Journal Op-Ed

  Paul Kiesel | September 10, 2008 7:03 PM | 1 CommentLos Angeles, CA Category: Miscellaneous
  

  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...

• Combating Subprime Mortgage Fraud

  Paul Kiesel | July 31, 2008 6:37 PM | 1 CommentLos Angeles, CA Category: Miscellaneous
  

  The New York State Commission of Investigations reported that the state's mortgage borrowers need more regulatory protection from predatory lenders, according to CNNMoney.com. Predatory mortgage...

• Fed Misses Major Lending Abuse Issue: Mortgage Brokers Steering Borrowers into Bad Loans for Fat Fees

  Paul Kiesel | July 24, 2008 9:00 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  In 2007, mortgage brokers and loan officers received huge payouts by lenders like Countrywide, Bear Stearns and IndyMac to put unsuspecting borrowers into expensive loans (supbrime, ALT-A., etc.),...

• FBI Investigating IndyMac for Fraud, TILA Violations

  Paul Kiesel | July 16, 2008 6:41 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  CNN reports that the FBI is currently investigating IndyMac Bancorp for fraud. The federal government is likely looking into whether IndyMac committed fraud when it made home loans to subprime...