At a very basic level, those of us who do investigative journalism want our work to make an impact. Many times this does not happen for all kinds of reasons.
We want L.A. to continue to be known as the land of opportunity and great weather. We also want L.A. to be known for its incredible diversity, and to stand out for the equitable way it grows and manages its growth.
Recent trends have shown that Americans, particularly millennials, are weary of using credit cards. The problem largely stems from the way credit cards are viewed today. They are typically perceived as a "last resort" for consumers who can't afford to pay for their purchases.
Some of the more interesting questions I receive from readers are about unusual situations that may affect their ability to qualify for a mortgage. The rules are not always crystal clear, which is why lenders continue to rely on underwriters whose stock in trade is good judgment. Here are a few illustrations.
Lenders started foreclosure against 53,514 homeowners in March, according to RealtyTrac, an increase of 11 percent from February. That brought to 152,147 the number of US homes that started down the bumpy road to foreclosure in the first quarter of 2015.
As it stands, QM loans are guaranteed by the government. Without this guarantee, banks will have a difficult time selling those loans, which the banks make a huge profit.
Over the past several years, housing leaders have waited anxiously for the largest generation in our nation's history to settle down, buy homes and breathe new life into our struggling housing market.
I wanted to hear stories about people who had turned their lives around after being given a chance at housing. As it turned out, Charles' own story was the most inspiring of all.
Let's be clear. No American citizen should be denied housing, the ability to attend school, to apply for a mortgage, or to serve on a jury because of their sexual orientation or gender identity.
It wasn't easy, but your credit score just passed the 661 mark into "good" territory or the 781 mark into the "excellent" category. Congratulations, you're now a credit score champion! After you're done basking in your own glory, it's time to actually put that credit score to effective use.
In the House and Senate budget proposals for fiscal year 2016, passed with only Republican votes at the end of March, there are big winners and big losers. The big winners are defense spending and contractors and very wealthy people and powerful special interests. The big losers are children, our poorest group in America, and struggling low- and middle-income families.
As part of the spring cleaning of your money house, let your mantra be, "I'm going to stop making everybody else rich, and start living a rich and sustainable life here and now!" Below are 10 ways to put more dough in your wallet.
Graduating from college debt-free feels really good. When Ja'Net Adams got her degree from South Carolina State in 2003, she was one of those fortunate students who started her adult life without debt, and things went along really well for her. Then, in 2008, she lost her job.
There are a lot of benefits to paying off your mortgage faster. For one, you'll save money on interest charges, which can be tens of thousands of dollars over the course of a loan. Here are tactics you can use to pay off your mortgage faster.
We must make this country a nation of equal protection under the law with equal opportunity for everyone. If we truly would like to be post-racial one day, we cannot continue to live in denial, or turn a blind eye towards reality, or remain complacent today. It's as simple as that.
Stricken with a cold that never quite goes away, the nation's housing market is stumbling once again. In the fourth quarter of 2014, home values dropped and builder confidence started to erode.