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PennyMac mints new HQ in Moorpark

By   /  Friday, July 8th, 2011  /  Banking & Finance, Banking Industry, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on PennyMac mints new HQ in Moorpark

A new venture led by a former top executive of Countrywide Financial Corp. is moving to Moorpark.

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Editorial: Task force gets tough on mortgage fraud

By   /  Friday, May 27th, 2011  /  Editorials, Opinion  /  Comments Off on Editorial: Task force gets tough on mortgage fraud

In creating a mortgage fraud strike force, Attorney General Kamala Harris has taken a big, if belated, step forward in writing the last chapter of California’s housing meltdown. As we have chronicled in these pages during the past two years, the boom and bust in housing in our region and across the Golden State did Read More →

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Lawsuits question foreclosure system

By   /  Friday, April 29th, 2011  /  Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Lawsuits question foreclosure system

A Westlake Village attorney is asking a judge to rip up a homeowner’s mortgage and strike down the legal framework the lending industry uses to foreclose on notes that have been sliced, diced and sold so many times that it’s impossible for borrowers to tell who owns them.

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