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As one of the first women to hold a position of power on Wall Street, Marion O. Sandler was notable even before she and her husband, Herbert, spent 43 years building Oakland's World Savings Bank into such a major — and ultimately controversial...
Money & CompanyJPMorgan Chase & Co. is pressing ahead with an expansion of its California branch network even as Bank of America Corp. plans to close some less profitable offices. The Chase Bank parent is saying that it intends to open about......
Money & CompanyTargeting executives of the housing boom's biggest stated-income lender, the Securities and Exchange Commission has accused former IndyMac Bancorp Chief Executive Michael W. Perry and two former chief financial officers of defrauding investors at the...
Money & CompanyIn an eye-catching report Wednesday, the nonprofit news outfit ProPublica said 97,000 homeowners have been stuck in trial loan modifications for more than six months under the government's anti-foreclosure program, which was supposed to generate permanent...
Los Angeles Times Staff WriterAmid mounting foreclosures, a group of major lenders Tuesday said they would offer seriously delinquent borrowers a grace period of up to 30 days to establish possible workout plans before finalizing steps to take away their homes. The initiative,...
Los Angeles Times Staff WriterStruggling to connect with their delinquent customers, a group of six major mortgage lenders are teaming with nonprofit groups to serve as go-betweens. As part of the program, borrowers who fall behind on their payments will receive notice from a...
Special to The TimesIt started with a $10 tote. Soccer moms Monica Hillman and Gabrielle DeSantis-Cummings, passing the time on the sidelines at their kids' games, had been brainstorming ideas for a business they could run from home. The conversation turned to Hillman's...
Jerry and Carol Ptacek bounced from one cramped apartment to another most of their adult lives, so they could hardly believe their luck when they were able to buy a San Bernardino house for the bargain price of $63,000. Nine years later, they are renters...
LOS ANGELES TIMESThree executives who led high-risk home lender Washington Mutual Bank as it skidded toward the biggest bank failure in U.S. history have agreed to settle a government lawsuit for as much as $64 million — far from the $900 million the Federal Deposit...
Fox59.comGeneral Motors filed for Chapter 11 bankruptcy protection Monday as part of the Obama administration's plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government. GM's bankruptcy filing is the fourth-...
Special to the Chicago TribuneAfter losing out on several Lincoln Park condominiums to higher bidders in 1993, Matt and Janet Fosket started looking in the western suburbs for an affordable place that would be close to his job in Northlake and along a commuter train line so she...
Tags: Real Estate, Northlake, Travel, Downers Grove, Homes
Jun 5, 2012 |Story| Los Angeles Times
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