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Paul Kiel covers consumer finance for ProPublica.
Recently, his focus has been on debt collection. His work in 2014 was honored as a finalist for a Gerald Loeb Award, a Scripps Howard Award, and a Best in Business Award from the Society of American Business Editors and Writers.
His work in 2013 on high-cost lending was honored as a finalist for both a Gerald Loeb Award and a SABEW Best in Business Award.
He’s produced stories for the Washington Post, National Public Radio, and American Public Media’s Marketplace, among others.
Articles (page 4 of 24)
Nov. 4, 2011, 9:37 a.m.Regulators have provided a bare-bones website and frequently asked questions about the foreclosure reviews. But we thought things could be even clearer for readers, so we are providing this FAQ.
Oct. 24, 2011, 5:51 p.m.Federal Housing Finance Agency chief Edward DeMarco had blocked earlier efforts to help struggling homeowners, but now he’s signed onto a major change to encourage banks to refinance underwater mortgages.
Oct. 20, 2011, 10:51 a.m.Anonymous tip warned Treasury that United Commercial Bank was troubled, but the bank still got almost $300 million. Now the bank has failed and two executives are facing criminal charges.
Oct. 4, 2011, 10:25 a.m.Documents obtained by ProPublica suggest the government coddled mortgage servicers in its flagship foreclosure prevention program despite frequent and serious errors.
Sep. 9, 2011, 2:28 p.m.Obama wants to help hurting homeowners refinance into cheaper loans, but that hasn’t gone well so far, and efforts to fix it might be stymied.
Aug. 30, 2011, 4:46 p.m.By vastly expanding its suit against Bank of America to include all major stages of the bank's mortgage practices, Nevada signals that the banks' mortgage troubles will likely continue to dog them.
July 27, 2011, 12:07 p.m.An internal document obtained by ProPublica shows that when one of the nation's largest mortgage servicers sought to foreclose on a homeowner last year and lacked a crucial document, they just made one up.
June 24, 2011, 12:45 p.m.Banks continue to blindside homeowners by foreclosing when the homeowners are still awaiting word on their application for a mortgage modification.
June 10, 2011, 9:22 a.m.After two years of arguing that it had little power to punish banks for breaking the rules of its mortgage modification program, the administration has decided it’s finally time to crack down. But the punishment won’t do much damage to banks that count their profits in the billions.
June 2, 2011, 8:48 a.m.Many homeowners have received a mortgage modification only to find themselves once again at risk of foreclosure because of errors by their mortgage company. ProPublica investigated six of these cases.
June 2, 2011, 8:48 a.m.Many homeowners have been granted a hard-fought mortgage modification only to have their mortgage company effectively pull a bait and switch.
May 9, 2011, 6 a.m.Some banks and others who handle mortgages have been forcing homeowners into a corner: You want a chance at saving your home? Then you’ll have to waive your right to sue.
May 9, 2011, 5:59 a.m.
April 21, 2011, 9:19 a.m.As regulators launch an unprecedented plan to compensate victims of wrongful foreclosures, ProPublica will be watching closely.
April 21, 2011, 9:19 a.m.
April 13, 2011, 12:53 p.m.The recent budget deal struck between Republicans and Democrats would slash funding for housing counseling, a move that advocates say would force counseling agencies to lay off staff amid the foreclosure crisis.
April 1, 2011, 1:44 p.m.OneWest is postponing the foreclosure of a homeowner we reported on yesterday.
March 31, 2011, 12:43 p.m.The suit is a window into a broken system where even though the actual investors, when asked, say they want to allow mortgage modifications, the bank that acts as their representative has refused to allow them.
March 17, 2011, 9:27 a.m.The administration has been on a charm offensive about the TARP. We check in with our bailout database to show where things really stand.
March 11, 2011, 11:41 a.m.Hosts of federal agencies and regulators, along with the 50 state attorneys general, are hard at work on laying out new rules for banks and mortgage servicers. But attempts to reform this process have failed before. Will banks abusing the system be held accountable?
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