Miscellaneous

• NYT: FBI Joins the Mortgage Fraud Game Late and Now Doesn't Have Enough Players

  Paul Kiesel | October 21, 2008 6:40 PM | 0 CommentsLos Angeles, CA

  Here's an interesting New York Times article describing the problems the FBI has been having in handling mortgage fraud cases. The FBI increased its efforts and resources over the spring to...

• Senator Barack Obama Discusses the Problems with Senator McCain's Mortgage Plan

  Paul Kiesel | October 21, 2008 5:38 PM | 0 CommentsLos Angeles, CA

  In Tampa, Florida yesterday, Senator Barack Obama addressed an estimated crowd of 10,000 supporters about his plans to revitalize a sagging economy. He illustrated his plan to fix the foreclosure...

• Former UCLA Willed Body Program Director Henry Reid Pleads Guilty to Selling Gifted Bodies to Pharmaceutical Companies

  Paul Kiesel | October 17, 2008 5:57 PM | 0 CommentsLos Angeles, CA

  Henry Reid: On October 17, 2008, Judge Rappe of the Superior Court of Los Angeles presided over the case of The People of the State of California v. Henry Reid and Ernest Nelson. Henry Reid was...

• Renters Caught in Foreclosure Trap While Federal Government Idly Watches

  Paul Kiesel | October 16, 2008 8:51 PM | 0 CommentsLos Angeles, CA

  Below is an interesting Associated Press story from today on the effects the mortgage crisis has had on renters. I wrote a blog about this back in May which portends the severity of this situation...

• Senate Banking Committee: The Genesis of the Economic Crisis

  Paul Kiesel | October 16, 2008 6:24 PM | 0 CommentsLos Angeles, CA

  Former SEC Chairman Arthur Levitt, Senate Banking Committee Chairman Chris Dodd and Senator Robert Casey (D-PA), this morning, gave their opinions on what they believe led to the economic and...

• The Real Bush Legacy

  Paul Kiesel | October 15, 2008 4:08 PM | 0 CommentsLos Angeles, CA

  As President Bush's approval ratings continue to slide (the most recent Gallup Poll shows W. with a 27 percent approval rating), a stealth effort is being coordinated at the highest levels of the...

• "The Four" Who Helped Usher in the Economic Crisis

  Paul Kiesel | October 13, 2008 6:48 PM | 0 CommentsLos Angeles, CA

  There were those that predicted the current economic, foreclosure, housing, and mortgage crisis (Paul Krugman, who incidentally just won the Nobel prize in economics, Robert Shiller, Dr. Nouriel...

• Obama Proposes 90-Day Moratorium on Foreclosures

  Paul Kiesel | October 13, 2008 2:39 PM | 0 CommentsLos Angeles, CA

  Senator Barack Obama called for immediate action to help relieve the struggling economy and to mitigate the housing crisis, by proposing a 90-day moratorium on home foreclosures at some banks and a...

• McCain Mortgage Plan: The Wrong Approach

  Paul Kiesel | October 10, 2008 10:40 PM | 0 CommentsLos Angeles, CA

  John McCain announced, during the last Presidential Debate, that he has a plan to combat rising foreclosure rates and curb the amount of underwater mortgages throughout the country. McCain proposes...

• If You Have an Option ARM Loan with FDIC IndyMac, Read This!

  Paul Kiesel | October 10, 2008 9:47 PM | 10 CommentsLos Angeles, CA

  Any Californian who has a Pay Option ARM loan from IndyMac (now FDIC IndyMac) that was originated between 2004 and 2007 and has faced or will be facing an interest rate reset (ballooned monthly...