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A collection of news and information related to Housing Industry published by this site and its partners.
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Short sales routinely show up in credit reports as foreclosures
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
Tags: Economy, Business and Finance, Foreclosures, Mortgages, Finance, Real Estate
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Student debt could hamper future economic growth, study says
Looming student debt could hamper future economic growth as young people tamp down on spending and borrowing in the years to come. Compared with counterparts not saddled with student loans, these young workers are less likely to take out mortgages or...
Tags: Productivity, Employees, Loans, Career and Workplace, Federal Reserve
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Letters: 'Class warfare' on the L.A. ballot
Re "Tax vote reflects differing realities," March 9 The Times should be wary about printing such an enlightening article, which notes that though voters in less well-off L.A. neighborhoods overwhelmingly supported Proposition A (the failed half-cent...Tags: Politics, Voting, Elections
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No on Proposition A
The city of Los Angeles is facing a deep budget deficit for the seventh consecutive year, and City Administrative Officer Miguel Santana says there is no end in sight. The cost of city services, particularly labor costs, is expected to grow faster than...
Tags: Economy, Business and Finance, Herb Wesson, Politics, Safety of Citizens, Public Officials
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Fertility and immigration
In Washington, politicians are trying to reform America's immigration system, again. Both President Obama and Republican Sen. Marco Rubio (R-Fla.) are proposing "paths to citizenship" for an estimated 11 million illegal immigrants. Other proposals abound,...
Tags: Media Industry, Politics, Barack Obama, Migration, U.S. Congress
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McManus: Tax reform that hits home
Would you support a tax reform measure that could help reduce the federal deficit, remove a needless distortion in the economy and make the system fairer? Me too, which is why I'm taking aim at a sacred cow: the home mortgage interest deduction. That'...
Tags: House Building, Politics, Personal Income, Mortgages, Real Estate
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Proposed cap on federal tax deductions would hit California hard
You may be unaware of the local ramifications of one of the proposals currently at play in the danse macabre that passes for fiscal negotiations in Washington. This is the plan to cap federal tax deductions at either a set figure or a percentage of...
Tags: Politics, Mitt Romney, Barack Obama, Mortgages, Property Tax
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L.A. budget official backs 2 tax hikes to avoid public safety cuts
L.A. NOWL.A.’s top budget official recommended two tax measures for the March municipal election ballot, saying both are needed to avert cuts to police and fire department services.... -
Real estate website Trulia files for $75 million IPO
Trulia Inc., which runs real estate website Trulia.com, filed for an initial public offering Friday that could help the San Francisco company raise up to $75 million. In its filing with the Securities and Exchange Commission, Trulia did not say how...
Tags: Economy, Business and Finance, Real Estate Buyers, U.S. Securities and Exchange Commission, Real Estate Sellers, Companies and Corporations
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Seal Beach man pays $5 million to resolve mortgage fraud case
L.A. NOWA Seal Beach man will pay $5 million in civil penalties to resolve allegations by federal authorities that he took control of hundreds of homes that were in default and then rented them out without paying anything toward their mortgages.... -
L.A. City Hall employee group moves to oppose sales tax hike
L.A. NOWOne of the largest public employee unions at L.A. City Hall handed a potentially costly setback to a plan for a new half-cent sales tax, announcing that its political advisory board opposes the measure.... -
L.A. City Council votes to put sales tax hike on March 5 ballot
L.A. NOWSearching for a long-term solution to its chronic financial woes, the L.A. City Council agreed to ask voters for a $200-million-a-year increase in sales tax collections....
May 17, 2013
|Story| Los Angeles Times
Apr 18, 2013
|Story| Los Angeles Times
Mar 12, 2013
|Story| Los Angeles Times
Feb 13, 2013
|Story| Los Angeles Times
Feb 8, 2013
|Story| Los Angeles Times
Feb 6, 2013
|Column| Los Angeles Times
Dec 19, 2012
|Column| Los Angeles Times
Oct 17, 2012
| Los Angeles Times
Aug 17, 2012
|Story| Los Angeles Times
Aug 2, 2012
| Los Angeles Times
Nov 16, 2012
| Los Angeles Times
Nov 13, 2012
| Los Angeles Times
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