People in L.A. are coping in ways they never imagined with a crisis they never saw coming. Like it or not, California’s reputation as a national trendsetter is going to remain intact.
By Pat Regnier, Money Magazine editor-at-large
 
(Money Magazine) — Spring in southern Orange County has come on spectacularly. The autumn fires that […]

Hopes for saving homeowners from foreclosure dwindled further as Washington tries to iron out differences on a bill..this prolonged help will put more foreclosures in the coming months presenting more frustration for homeowners already in default.   On the other hand, opportunities will arise for those brave buyers.

Millions of Americans are struggling to pay their mortgages as the economy slows and loans reset to higher rates. By acting quickly, these homeowners may stave off the worst-case scenario — foreclosure and the loss of their homes.