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Mortgage lenders now cast themselves as saviors

Mortgage lenders now cast themselves as saviors

PacWest Funding’s CEO watched in late 2007 as rival mortgage brokerages, banks and collaborators collapsed under the weight of the declining housing market. Fearing his company would be next, Curtis…

The high cost of living without a bank

The high cost of living without a bank

The nickel-and-diming never stopped. The fees were constant: $28 to cash a paycheck. $1.50 for a money order. A dollar or more every time I swiped the prepaid cash card…

The case against Maxine Waters

The case against Maxine Waters

The House ethics committee on Monday announced three counts of alleged ethics violations against California Democrat Maxine Waters, including a charge that she requested federal help for a bank where…

Rich more likely to default on mortgages

Rich more likely to default on mortgages

No need for tears, but the well-off are losing their master suites and saying goodbye to their wine cellars. The housing bust that began among the working class in remote…

Mixed bag in jobs report

Mixed bag in jobs report

A wave of census layoffs cut the nation’s payrolls in June for the first time in six months, while private employers added a modest number of jobs. The unemployment rate…