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  • January 2008

InjuryBoard Grand Rapids Archives

  • Countrywide Financial Admits to Fabricating Evidence

    Tim Smith | January 25, 2008 10:53 AM | 0 Comments
    Category: Miscellaneous

    In a bankruptcy case pending in Federal Court in western Pennsylvania, Countrywide Financial Corporation admitted that it had fabricated or as they say "recreated" documents as part of their case. This comes at a time when Countrywide is confronting escalating complaints from borrowers who allege that Countrywide forced them into risky loans. The documents which were faked by Countrywide are...

  • U.S. Insurance Companies Profit From Overpricing and Underpaying

    Tim Smith | January 21, 2008 1:52 PM | 0 Comments
    Category: Miscellaneous

    The Consumer Federation of America recently reported that the U.S. property/casualty insurance industry systematically overcharges policy holders and underpays on claims. Robert Hunter, the Consumer Federation's Director of Insurance, reported at a news conference that the reason why insurance companies nationwide have secured record high profits is due to the fact that they have been...

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