Alex Veiga

April 28, 2008 | Daily Report Online

LOS ANGELES AP - Consumer advocates nervous about Bank of America Corp.'s proposed takeover of troubled mortgage lender Countrywide Financial Corp. are pressuring the bank to provide assurances that Countrywide borrowers facing foreclosure won't lose their homes.The campaign is likely to intensify Monday as members of the Federal Reserve Board begin two days of public hearings on the proposed $4.

By ALEX VEIGA

2 minute read

October 14, 2010 | Daily Report Online

LOS ANGELES AP - Lenders seized more U.S. homes this summer than in any three-month stretch since the housing market began to bust in 2006. But many of the foreclosures may be challenged in court later because of allegations that banks evicted people without reading the documents.A total of 288,345 properties were lost to foreclosure in the July-September quarter, according to data released Thursday by RealtyTrac Inc.

By ALEX VEIGA

4 minute read

September 12, 2007 | Daily Report Online

By Alex Veiga

3 minute read

January 29, 2008 | Daily Report Online

LOS ANGELES AP - The number of U.S. homes that slipped into some stage of foreclosure in 2007 was 79 percent higher than in the previous year, a real estate tracking company said Tuesday. Many homeowners started to fall behind on mortgage payments in the last three months, setting the stage for more foreclosures this year.

By ALEX VEIGA

4 minute read

January 31, 2008 | Daily Report Online

LOS ANGELES AP -A former employee of Countrywide KB Home Loans has filed a lawsuit claiming he was wrongly fired after he reported fraudulent lending practices to superiors and refused to approve mortgages for unqualified applicants.The federal lawsuit was brought by Mark Zachary, a regional vice president and manager of the Countrywide KB Home Loans division in Houston.

By ALEX VEIGA

2 minute read

May 15, 2008 | Daily Report Online

By ALEX VEIGA

3 minute read

May 15, 2008 | Daily Report Online

By ALEX VEIGA

4 minute read

July 29, 2010 | Daily Report Online

LOS ANGELES AP - Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows.The trend is the latest sign that the nation's foreclosure crisis is worsening as homeowners battling high unemployment, slow job growth and an uneven rebound in home prices continue to fall behind on their mortgage payments.

By ALEX VEIGA

3 minute read

August 21, 2007 | Daily Report Online

LOS ANGELES AP - A family sued Mattel Inc. on Monday, claiming the world's largest toy maker should pay for testing to determine if children have been exposed to lead from millions of recalled toys.The lawsuit, which seeks class-action status, was filed in Los Angeles Superior Court, said attorney Jeffrey B. Killino in Philadelphia.

By Alex Veiga

2 minute read

November 10, 2011 | Daily Report Online

LOS ANGELES AP - More U.S. homes entered the foreclosure process in October than in the previous month, with Florida, Pennsylvania and Indiana registering among the largest monthly increases, new data show.Some 77,733 properties received an initial default notice last month, up 10 percent from September, foreclosure listing firm RealtyTrac Inc.

By Alex Veiga

4 minute read