| May 6, 2014
It hasn't been easy, but Jennifer Martens' struggles with Ocwen Loan Servicing appear to be nearing an end.
Martens, featured in the April 8 column, had her mortgage switched from IndyMac to Ocwen in November — and promptly saw her account devolve...
| May 16, 2014
| 7:59 PM
Sen. Dick Durbin spoke Friday with students and graduates of North Central College in Naperville as part of his push for legislation that would expand options for repaying student loans and raise the tax rate on millionaires.
"I think this is a big...
| May 30, 2014
| 2:04 PM
The city of Los Angeles accused JPMorgan Chase & Co. of steering minority borrowers into risky home loans they couldn’t afford, triggering a foreclosure wave that hammered property values and city coffers.
In a lawsuit filed Friday in U.S....
| May 15, 2014
| 7:47 AM
Mortgage rates edged down a hair this week, hovering at the lowest level in six months, with Freddie Mac reporting that lenders were offering 30-year fixed home loans at an average of 4.2% compared to 4.21% a week earlier.
The average rate for a 15-year...
| May 7, 2014
| 8:25 AM
Two developments have put in doubt the future of the successful panda breeding program at the San Diego Zoo.
Six pandas have been born at the zoo under a research agreement with the Chinese government. The pandas remain the property of the Chinese but,...
| May 9, 2014
| 5:00 AM
The teal blue house on E. 111th Street was surrounded by trash, its parking pad piled with everything from egg cartons to a busted couch. Most of its windows were broken. The door sat ajar.
Inside, chicken bones and cans of Mothers Maid carrots and...
| May 7, 2014
| 1:44 PM
Consumers increased their borrowing in March by the largest amount in more than a year in a sign of increased economic growth this spring.
Outstanding consumer credit, which includes credit card balances and auto and student loans, jumped $17.5...
| Jun 5, 2014
| 2:53 PM
Your first glance at your student loan debt after college is likely to be a nauseating encounter.
So if you are like a lot of graduates, you may stick the paperwork in a drawer and try not think about it. Or you might sign up for payments without...
| May 28, 2014
| 9:59 PM
The Los Angeles teachers union and a powerful group of civic leaders are sitting out Tuesday's key race for a seat on the Board of Education in what has become a spirited, wide-open contest among seven candidates.
The special election is being called to...
| May 26, 2014
| 10:00 PM
Neophyte restaurateurs Beverly Kim and Johnny Clark ran through calculations on their Excel spreadsheet, something they've done plenty in the last year. They knew early on that the margin of error at their new Avondale restaurant, Parachute, was thin....