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Ladera Ranch loses luster in mortgage crisis - Orange County RegisterMortgage brokers and real estate agents know a good deal when they see it. Many Realtors flocked to Ladera Ranch five to eight years ago, when it was Orange County's newest community. As the housing market has dived, so, too, has Ladera's luster. Its ...
Orange County: foreclosures 45% of inventory - Los Angeles Times BlogsForeclosed properties and "short sales" --homes for sale at less than the outstanding mortgage amount-- now comprise 45% of listings in Orange County, according to an analysis of listing data by Aliso Viejo broker Steven Thomas. Santa Ana remains the ...
Brasch Words - American ReporterBLOOMSBURG, Pa. -- President George W. Bush gazed into the cameras on a Tuesday morning in July and tried to assuage the fears of about 300 million Americans who believed they were in the middle of a recession. "The economy is growing," said the ...
Torrey Pines Bank Names Noriko Oakland Senior Vice President - PR InsideWestern Alliance Bancorporation (NYSE:WAL) announced today that Noriko Oakland has been named Senior Vice President of the Los Angeles/Orange County Division of its Torrey Pines Bank subsidiary. Oakland was formerly with California Bank & Trust where ...
Most Commented Articles - Orange County RegisterTrabuco Hills High School students rally outside their school in July to protest the invalidation of their Advanced Placement exams following the discovery that 10 of their classmates cheated. The controversy represented a high-profile example of ...
Five Tips for Couples Considering Divorce During Economic Slump - EarthtimesWith the home-mortgage crisis in the U.S. wreaking havoc in the real estate and banking industries, its affect is now trickling down into other areas, such as divorce. Under the current market conditions, breaking up is harder to do than ever. Many ...
New at Reason: Mike Flynn on the Government's Role in the Financial ... - Reason.comFreddie and Fannie don't make loans. Loans to low-income homebuyers are a tiny fraction of the mortgage market, while the defaults and loose lending standards have hit at all price levels. This is primarily a problem of loans given to middle- and ...
Advanced Micro Devices Inc. - NewsdaySUNNYVALE, Calif. (AP) — Chip maker Advanced Micro Devices Inc. warned Thursday its fourth-quarter revenue will drop about 25 percent from third-quarter levels due to weaker-than-expected demand, particularly in the consumer market. That implies ...
Timeline: U.S. Credit Crunch & Financial Failures - KNx 1070NEW YORK (CBS News) ― Wall Street and Main Street have been caught up in credit market turmoil, which began in 2007 with rising defaults on mortgages made to financially shaky borrowers and spread to corporate bonds and other kinds of debt. May 17 ...
Birmingham Mayor Larry Langford Faces Bribery Charges (Update2) - BloombergDec. 1 (Bloomberg) -- Birmingham, Alabama’s mayor was charged with bribery and money laundering in connection with municipal bond and derivative deals while he was president of the Jefferson County Commission, according to an indictment unsealed ...
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