Yesterday, Monday, September 22, 2014, 7 hours ago
"What is making me 'restless' is that I 'should' be able to live on my own. I hate the idea of the very real possibility that I may be 30 and still living with a roommate because I cannot afford to rent by myself."
Readers who see three YouTube videos on our front page this past week must be curious. Has The Americzan Reporter become tabloid? Is the editor out of his mind? There is a simple explanation, and it is a news-related one.
PASADENA>> A Los Angeles County Superior Court judge Thursday dismissed grand theft and forgery charges against city commissioner Allen Shay in connection with an alleged $2.3 million mortgage fraud scheme involving one of Shay's former clients. Judge Robert C. Vanderet said he didn't believe the evidence presented by the L.A. County District Attorney's Office met the standard required to go forward with a trial.
Yesterday, Monday, September 22, 2014, 9 hours ago
This marks the third office in the region for Seattle-based bank, which for nearly two years has been opening mortgage loan production offices in California. The new office is at 3017 Douglas Blvd., and it will be managed by Brook Baker , a 23-year banking veteran, most recently with Provident Bank Mortgage and JP Morgan Chase .
Yesterday, Monday, September 22, 2014, 19 hours ago
Eight years after one of the most severe housing market downturns in history, the slow recovery has finally stanched the bleeding of existing home values. In the past year have experienced the largest increases, ranging from 11.4% to 20.5%, in existing single-family home prices among cities with population of more than 250,000 for the year ending .
Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound while drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions. Industry analysts expect strong growth as the housing market improves, particularly in once-hard-hit Sun Belt areas including Phoenix, Miami and San Diego, and aging Americans find value in growing old in their homes.
Southern California has been called the Silicon Valley of toxic lending since many of the mortgage companies that originated problematic mortgages were headquartered here. Now the successor of one of the biggest culprits of the financial crisis that devastated California communities is poised to take part in a $70 billion bank merger.