| Aug 22, 2013
| 9:00 AM
WASHINGTON -- Five large banks said they have given $51.3 billion in relief to consumers under a landmark settlement of foreclosure-abuse complaints that is almost finished providing assistance to homeowners, the official monitor of the deal said...
| Aug 28, 2013
| 11:47 AM
Open Road Films, the distribution company that released this summer's "Jobs," has extended its $100-million revolving credit facility through 2018.
The company, which was founded in 2011 by exhibitors AMC Entertainment and Regal Entertainment Group,...
| Sep 5, 2013
| 5:18 PM
With mortgage rates rising to levels not seen for two years, it's hard work finding a great deal on a home loan — unless you're rich enough to need a jumbo mortgage.
These loans on steroids certainly aren't for everyone: Jumbos are defined as...
| Sep 3, 2013
| 7:10 AM
Three office buildings in Mission Viejo and Newport Beach have sold in two transactions that, combined, industry observers valued at more than $90 million as investor demand for Orange County commercial properties heats up.
The sales to large national...
| Aug 30, 2013
| 4:03 PM
The state of California and the Bank of America have a lot in common, says BofA Chief Executive Brian Moynihan.
Both were all but written off by critics as the economy tanked. Both endured painful budget cuts and remain hampered by unemployment and...
| Aug 20, 2013
| 6:49 AM
WASHINGTON -- The nation's largest banks are trying to scare the public about the impact of tougher capital requirements proposed by U.S. regulators, a top Federal Deposit Insurance Corp. official said Tuesday.
Requiring the eight largest banks to...
| Aug 22, 2013
| 6:06 PM
Six years after the mortgage meltdown, delinquencies and foreclosures are way down. Millions of borrowers have cut their housing costs by refinancing at the lowest interest rates ever recorded.
That's great for borrowers and bank balance sheets, but bad...
| Aug 6, 2013
| 1:08 PM
Financial underwriters who want to do business with the County of Los Angeles must agree not to give political donations to school bond campaigns under new rules adopted this month by government finance officials.
Because Los Angeles County is by far...
| Jul 1, 2013
| 4:00 AM
Tribune Co. has agreed to purchase 19 television stations owned by Local TV Holdings in a $2.73-billion deal that is expected to make Tribune the largest television station group in the country.
Tribune and Local TV Holdings said early Monday that...
| Jul 5, 2013
| 8:59 PM
After four years of providing trillions of dollars in cheap money to prop up the U.S. financial system and economy, the Federal Reserve has signaled that its generosity won't last forever.
On the face of it, that ought to be good news: It means the...
| May 7, 2012
| 4:37 PM
A $5,000 donation from the Southern California Orthopedic Research and Education Center to 10 area high schools will allow varsity football players access to neurocognitive assessments and post-concussion testing regardless of their healthcare insurance...