Vincent Fiorillo

Association of Mortgage Investors

Guest

Board President of the Association of Mortgage Investors and an executive at DoubleLine Capital, a Los Angeles investment firm

Vincent Fiorillo on KCRW

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.

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.

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