E. Scott Reckard
E. Scott Reckard is a former staffer writer who covered mortgage, housing and banking issues for the Los Angeles Times’ Business section. A longtime Southern California resident, he worked for 14 years as a reporter and editor for the Associated Press in Los Angeles before joining The Times in 1997. Past experiences have included writing about entertainment businesses, aerospace, tourism, workplace issues, Ponzi schemes and corporate fraud.
Latest From This Author
Few banks are as close to the industries they serve as Silicon Valley Bank is to the technology world.
Investment manager and philanthropist James Rothenberg, chairman of mutual fund giant Capital Group Cos. in Los Angeles and of the board overseeing Harvard University’s $36-billion endowment fund, has died at 69.
Homeowners who didn’t refinance their mortgages when interest rates were below 4% may be out of luck for quite a while.
Banamex USA, a Century City unit of Citigroup Inc. that served customers doing business in Mexico and the U.S., has agreed to shut down and pay $140 million in penalties to settle state and federal money-laundering probes.
Federal regulators approved a New York lender’s controversial $3.4-billion takeover of Pasadena’s OneWest Bank, a deal that would create a hybrid company with a national commercial lending business and 70 retail branches in Southern California.
A federal judge dismissed a city of Los Angeles lawsuit accusing Wells Fargo & Co. of violating the federal Fair Housing Act by engaging in predatory mortgage lending practices targeting minority borrowers.
The Federal Reserve is investigating allegations that Royal Bank of Canada teamed up improperly with City National Corp. to make a loan to a client while the proposed combination of the two banks is still pending.
If you ever needed proof of the punishment accorded borrowers who fail to pay their debts, a new credit-card survey should fit the bill.