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Banks

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California Attorney General Opts Out Of Foreclosure Settlement With Major Banks

California Attorney General Kamala Harris says she will not agree to a settlement over foreclosure abuses that other state attorneys general are negotiating with major U.S. banks.

CBS2 / KCAL9–09/30/2011

(credit: CBS)

Lawyers Accused Of Scamming Desperate Homeowners In Bank Suits

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.

08/18/2011

food bank hunger poverty

Food Bank Demand Soars To Record Levels In LA, OC

A record surge in demand for food assistance around the Southland is putting a strain on local food banks.

KNX 1070 NEWSRADIO–07/07/2011

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Family Sues Bank For Alleged Loan Modification Snub

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.

KNX 1070 NEWSRADIO–07/07/2011

(credit: CBS)

Laguna Hills Woman Accused Of Ripping Off Students For $262K

A Laguna Hills woman is accused of ripping off five students for more than $260,000 in a fraudulent loan scheme.

CBS2 / KCAL9–06/21/2011

(credit: Kevork Djansezian/Getty Images)

RealtyTrac: Bank Backlog, Not Recovery, Behind Drop In Foreclosures

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.

KNX 1070 NEWSRADIO–06/16/2011

Identity Theft

6 Charged With ID Theft, $3M Bank Fraud

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 […]

05/10/2011

(AP Photo/Jose Luis Magana)

Fed To Name Banks That Received Emergency Loans

The Federal Reserve plans to release documents on Thursday identifying financial companies that received Fed loans to survive the financial crisis.

03/29/2011

(credit: AP/FILE)

Should Banks Pay $20K Per Foreclosure? Assemblyman Says ‘Yes’

Assemblyman Bob Blumenfeld says the money collected from banks would go to school districts, police and fire departments, and small business loans.

03/16/2011

(Getty Images)

Kaiser Donates $465K To Food Banks For Fruits, Veggies

The ten grants totaling will go to provide fresh fruits and vegetables and other healthy foods to the needy.

12/15/2010

mortgage default home sales market

SoCal Foreclosures, Defaults Dip in 3Q

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.

10/26/2010

(credit: CBS)

FBI Believes They’ve Nabbed ‘Golden Years’ Bandit

The FBI announced Tuesday that they have taken the man they dubbed the “Golden Years” bandit into custody.

CBS2 / KCAL9–10/19/2010

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