California prosecutors have filed a major lawsuit against several lawyers and call center operators for allegedly running a nationwide scam to dupe desperate homeowners into paying thousands of dollars to join dubious lawsuits against the country’s largest banks.
A record surge in demand for food assistance around the Southland is putting a strain on local food banks.
The Velasco family said despite making an agreement to save their home — which they’ve owned for over 12 years — the bank plans to auction off the property.
A Laguna Hills woman is accused of ripping off five students for more than $260,000 in a fraudulent loan scheme.
The number of delinquent mortgages fell in May to the lowest level since 2006, the result of a slowing housing market and delays in banks’ foreclosure process.
LOS ANGELES (AP) — A federal grand jury in Los Angeles has charged six people with an identity theft fraud that cost banks more than $3 million. The U.S. attorney’s office says the jury returned a […]
The Federal Reserve plans to release documents on Thursday identifying financial companies that received Fed loans to survive the financial crisis.
Assemblyman Bob Blumenfeld says the money collected from banks would go to school districts, police and fire departments, and small business loans.
The ten grants totaling will go to provide fresh fruits and vegetables and other healthy foods to the needy.
The recent data suggests foreclosures may be leveling off, but one analyst notes that may have more to with how lenders are opting to proceed when it comes to defaults.
The FBI announced Tuesday that they have taken the man they dubbed the “Golden Years” bandit into custody.