Association of Mortgage Investors
Board President of the Association of Mortgage Investors and an executive at DoubleLine Capital, a Los Angeles investment firm
PROFILE
Vincent Fiorillo
Guest
FROM Vincent Fiorillo
Which Way, L.A.?
Underwater Mortgages and the Power of Eminent Domain About 1000 homes are "underwater" in the City of El Monte. That means the owners owe more on their mortgages than their houses are worth. Now city officials may go the way of Richmond, up in the San Francisco Bay Area, which has adopted a plan to seize mortgages under the power of eminent domain.
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To the Point
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
To the Point
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
To the Point
Is the threat from Russia missing from the Russia meddling probe? There's much being made about the Trump administration's possible ties with Russia. But the bottom line is Russia's effort to influence American democracy. Do the President and his aides care enough to take action before voters go back to the polls?
To the Point
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.