Occupy Wall Street began with a simple act of civil disobedience, but Occupy Oakland's success in disrupting commerce on such a large scale represents an escalation of that tactic and offers a glimpse of the movement's capacity for more-confrontational, direct action.
Mortgage borrowers with homes that were foreclosed on between 2009 to 2010 will have a chance for an independent review, the Treasury Department's Office of the Comptroller of the Currency (OCC) announced on Tuesday.
Homeowners who owe more than their houses are worth will get new help to refinance in a government plan to be unveiled as early as Monday to support the battered housing sector, sources familiar with the effort said.
The growing anti-Wall Street protests in New York and across the country are an understandable reaction to persistently high unemployment, a top U.S. Federal Reserve official said on Thursday.
Anti-Wall Street protesters vowed to keep up their fight on Sunday despite the arrests of more than 700 people the previous day for blocking traffic lanes on the Brooklyn Bridge in an unauthorized protest.
Fitch Ratings affirms the 'AA+' ratings on the following Santa Margarita/Dana Point Authority, CA (the authority) general obligation (GO) and GO refunding bonds:
Home prices in the 20-city Case Shiller Index rose for the fourth straight month in July, but the operative phrase remains: let the buyer beware. Demand conditions in most major U.S. cities remains soft, and even though home prices are attractive now, price retrenchments are possible.
Last week, the California legislature sent the governor a bill that would ban most employers from running credit checks on job applicants. If the governor signs the bill into law (which this web site tells us he’s likely to), California will become the biggest get yet for those pushing for such laws around the nation. Is this just what a country full of unemployed people with wrecked credit needs? Or is it, as HR managers have been hollering, a way of hindering them from finding good, upstandin...
President Barack Obama is facing mounting resistance to a settlement from liberal supporters and a growing number of state attorneys general who say a deal would exonerate banks for their role in the subprime mortgage crisis.
A federal appeals court revived a lawsuit by homeowners who accused eight major homebuilders of causing them to overpay for their homes by marketing nearby houses to high-risk borrowers who later went into foreclosure.
California will trail the nation's economic recovery as its once fast-growing inland areas struggle for years to come with a dearth of jobs and devastated housing markets, a report released on Tuesday said.
California will trail the nation's economic recovery as its once fast-growing inland areas struggle for years to come with a dearth of jobs and devastated housing markets, a report released on Tuesday said.
The Federal Reserve ordered Goldman Sachs Group Inc to hire a consultant to review practices of a former mortgage subsidiary on Thursday and said it plans to assess a monetary penalty for wrongful foreclosures.
The Obama administration is considering unveiling new plans next week to revive the ailing housing market and reduce foreclosures, including an effort to help troubled borrowers refinance their mortgages.
The Obama administration is considering unveiling new plans next week to revive the ailing housing market and reduce foreclosures, including an effort to help troubled borrowers refinance their mortgages.
Confidence among consumers plunged in August to its lowest in more than two years following the country's loss of its top credit rating and heart-wrenching drops in major stock indexes.
You've got to put your money somewhere, right? Under the mattress doesn't really work as a retirement program. It's lumpy, vulnerable to theft and your kids might find it.
California has broken up what it called a ring of law firms that fraudulently induced struggling homeowners nationwide to pay thousands of dollars each to file mass lawsuits against their mortgage lenders.
MERS, the electronic mortgage registry that faces multiple investigations for its role in thousands of problematic foreclosure cases, changed its rules to lower its profile in court-supervised foreclosures.
MERS, the electronic mortgage registry that faces multiple investigations for its role in thousands of problematic foreclosure cases, changed its rules to lower its profile in court-supervised foreclosures.
While a glut of foreclosures makes South Florida a symbol for the casualties of the U.S. housing crisis, the swift recovery of the Miami housing market demonstrates the voracious taste for property that helped create it.
Bank of America (BOA) shares dropped below $10 for the first time in two years on Friday.