ProPublica

Journalism in the Public Interest

Paul Kiel

Paul Kiel
Read Paul Kiel's e-book, The Great American Foreclosure Story, on your Kindle or mobile device.

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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.

His work on the foreclosure crisis was featured in The Best Business Writing 2013. It also won SABEW Best in Business Awards in both 2011 and 2012 and a 2011 Scripps Howard 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)

Flaws Jeopardize New Attempt to Help Homeowners

The Independent Foreclosure Review seeks to compensate homeowners victimized by big banks, but key elements remain undecided, unclear or secret, while lawmakers and homeowner advocates have criticized some of the known features.

Our FAQ on The National Foreclosure Settlement and Independent Foreclosure Review

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.

Surprise on Refi Revamp: Key Regulator Agrees to Major Program Reforms

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.

Email Warned That Bank Up For Bailout Was ‘Disastrous’

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.

Secret Docs Show Foreclosure Watchdog Doesn’t Bark or Bite

Documents obtained by ProPublica suggest the government coddled mortgage servicers in its flagship foreclosure prevention program despite frequent and serious errors.

One Obstacle to Obama’s New Plan to Help Homeowners: A Gov’t Regulator

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.

Nevada Wallops Bank of America With Sweeping Suit; Nationwide Foreclosure Settlement in Peril

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.

Internal Doc Reveals GMAC Filed False Document in Bid to Foreclose

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.

Bank Errors Continue to Cause Wrongful Foreclosures

Banks continue to blindside homeowners by foreclosing when the homeowners are still awaiting word on their application for a mortgage modification.

Better Late Than Never? Gov’t Finally Penalizes Major Banks for Mortgage Mod Failures

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.

Profiles: Shoddy Bank Practices Continue Even After Mortgage Mods

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.

Even After Mortgage Modification, Shoddy Bank Practices Hurt Homeowners

Many homeowners have been granted a hard-fought mortgage modification only to have their mortgage company effectively pull a bait and switch.

In Fine Print, Banks Require Struggling Homeowners to Waive Rights

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.

Were You Forced to Waive Your Rights to Get Help?

As Regulators and Banks Review Foreclosures, We’ll Be Watching

As regulators launch an unprecedented plan to compensate victims of wrongful foreclosures, ProPublica will be watching closely.

Documents from the Regulators’ Review of Foreclosure Practices

Amidst Foreclosure Crisis, Proposed Budget Would Slash Housing Counseling

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.

Homeowner Wins Reprieve After ProPublica Story

OneWest is postponing the foreclosure of a homeowner we reported on yesterday.

Lawsuit Reveals How a Middleman Is Blocking Mortgage Modifications for Homeowners

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.

Behind Administration Spin: Bailout Still $123 Billion in the Red

The administration has been on a charm offensive about the TARP. We check in with our bailout database to show where things really stand.
Paul Kiel
Read Paul Kiel's e-book, The Great American Foreclosure Story, on your Kindle or mobile device.

Contact Info

Get Updates

Our Hottest Stories

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