Miscellaneous

• Obama Names Economic Dream Team

  Paul Kiesel | November 24, 2008 3:28 PM | 1 CommentLos Angeles, CA

  Earlier today, at a press conference in Chicago, President-elect Barack Obama called for sound judgment and fresh thinking in addressing the nation's economic crisis, which he described as a...

• HUD Requiring Lenders to Provide "Good Faith Estimate" Forms to Borrowers -- Will It Work to Prevent TILA Violations?

  Paul Kiesel | November 12, 2008 3:03 PM | 1 CommentLos Angeles, CA

  From the Los Angeles Times' L.A. Land Blog; SEE BOLD CAPS for commentary: Past attempts to disclose mortgage information to homebuyers have resulted in thick stacks of documents dropped like bricks...

• Need Money for a $6,000 Golf Outing? Just Ask the Government and Say You're Fannie Mae...

  Paul Kiesel | November 06, 2008 3:27 PM | 1 CommentLos Angeles, CA

  ...And then tell them that it's in order to keep you from going insolvent and to keep your business doors open. That was basically the ridiculous acknowledgment made by Fannie Mae on Tuesday...

• When it Comes to the Bailout, Some Refuse to See the Facts

  Paul Kiesel | September 30, 2008 9:58 PM | 1 CommentLos Angeles, CA

  There are a lot of different news outlets and political blogs pointing fingers at who's to blame for the financial crisis and why Americans should or should not support the failed bailout (or...

• Loan Modification and Foreclosure Mitigation Efforts in the Bailout Bill

  Paul Kiesel | September 29, 2008 8:04 PM | 1 CommentLos Angeles, CA

  A key provision added to the bailout bill by Democrats last week, and a provision that likely dissuaded about two-thirds of House Republicans from voting "Aye" on the failed bill today, deals with...

• 32 Problems with the Wall Street Bailout

  Paul Kiesel | September 22, 2008 7:28 PM | 1 CommentLos Angeles, CA

  Actually, there may be more or less than 32 problems with Bush's Wall Street Bailout proposal, but there is no greater problem than the 32 words present in Section 8 of the Bush Administration's...

• Who's to Blame for the Economic & Housing Crisis?

  Paul Kiesel | September 18, 2008 3:48 PM | 1 CommentLos Angeles, CA

  Who deserves the blame for the economic and housing crisis? It's difficult to point the finger at one individual for instigating this mess, because many people were involved. In fact, the blame...

• McCain-Palin Economic Plan Lacks Transparency in Wall Street Journal Op-Ed

  Paul Kiesel | September 10, 2008 7:03 PM | 1 CommentLos Angeles, CA

  John McCain and Sarah Palin gave their opinions on the federal government's takeover of Fannie Mae and Freddie Mac, yesterday, in the Wall Street Journal. Here are a few of the pair's stances: "The...

• FHASecure: A PR-driven Bush Program?

  Paul Kiesel | August 29, 2008 6:36 PM | 1 CommentLos Angeles, CA

  According to Guy Cecala, the publisher of Inside Mortgage Finance, who was interviewed for a Forbes article examining the failures of the FHASecure program, "FHASecure was a PR-driven program...

• States with the Most Foreclosures

  Paul Kiesel | August 19, 2008 9:15 PM | 1 CommentLos Angeles, CA

  In response to one of the comments left on my blog from earlier today (California's Ticking Option ARM Time Bomb, 8/19/08), here is a list of the top 10 states with the highest foreclosure rates and...