| Jul 10, 2013
| 9:24 AM
Commercial real estate industry leaders remain optimistic about the California market, according to a new report published Wednesday.
Allen Matkins, a California law firm, and UCLA Anderson Forecast publish the report twice a year to help predict...
| Jul 12, 2013
| 7:14 PM
Wells Fargo & Co. booked a record $5.5 billion in profit during the second quarter despite a dramatic rise in mortgage rates and signs of a slowdown in its refinancing business.
The 19% year-over-year jump in earnings for the nation's largest home...
| Aug 2, 2013
| 2:00 PM
Picture this: Two surfers are bobbing on their boards at a remote surf spot north of Santa Barbara. They drift into a dreamy discussion and the question arises, "Wouldn't it be great if we could get paid to do this?"
That question, in various forms,...
| Aug 7, 2013
| 6:39 PM
President Obama paused on his trip through Los Angeles on Wednesday to sit for wide-ranging questions on housing and mortgage finance policy.
But the live-streamed discussion was less notable for the content — the president broke little news,...
| Aug 9, 2013
| 10:44 PM
The gig: After a long career as one of the country's most influential real estate accountants, Stan Ross is teaching and mentoring college students as chairman of the USC Lusk Center for Real Estate.
Humble beginnings: Ross was born in 1936 in the...
| Aug 13, 2013
| 6:44 PM
Retail sales rose 0.2% in July in a slow-but-steady performance that suggests Americans aren't ready to spend enough to kick the economy into a higher gear.
The month-to-month uptick represents the measure's fourth straight gain, the Commerce Department...
| Aug 30, 2013
| 7:17 PM
One way to judge the virtues of the city of Richmond's initiative to use eminent domain to help its strapped mortgage borrowers is by the hysterical reaction of the banks and investors holding the mortgage loans.
Wells Fargo & Co. and Bank of New York...
| Sep 4, 2013
| 4:57 PM
With the lines between our work lives and personal time blurring as new technology unchains us from our desks, the notion of what a desirable office looks like is also changing.
Corporate America is moving away from conventional layouts where an...
| May 17, 2013
| 8:20 PM
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...
| Aug 2, 2012
| 1:02 PM
A 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....
| Oct 17, 2012
| 6:32 PM
L.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....