William R. Emmons is an economist with the Federal Reserve Bank of St. Louis. Before participating in a panel on rebuilding neighborhoods after the foreclosure crisis, he sat down in the Zócalo green room to confess that if the Rams were to move back to Los Angeles, he at least wouldn’t miss them all that much.
How do we rebuild neighborhoods after the foreclosure crisis, and how do we keep people in their homes? New York Times Phoenix Bureau Chief Fernanda Santos opened a discussion at …
When Americans discuss solutions to the housing crisis, the conversation often turns to big players—the Obama administration, Congress, the Federal Reserve, the banks. But foreclosures happen at the local level, …
The ongoing criminal investigation of Los Angeles County Assessor John Noguez, on allegations that he lowered tax assessments on property owners in return for campaign contributions, divides Californians into two …
By now we are all eminently aware of our nation’s mortgage crisis. Lenders over-lent, buyers over-bought, and state-of-the-art hedging ensured nobody would ever be held accountable.
But four years on, economists …
How do we rebuild neighborhoods after the foreclosure crisis, and how do we keep people in their homes? New York Times Phoenix Bureau Chief Fernanda Santos opened a discussion at …
If California were a bank, what sort of bank would it be?
Banc of California has a new and intriguing answer to that question: In just six years, “California’s bank,” as …
Capital is cheap almost everywhere except for in the heart of the American economy—independent U.S. companies with less than $100 million in revenues.
This is the downside of regulations, enacted …
Los Angeles is the second-most expensive housing market in the country, behind the Bay Area. It’s a situation, said Wall Street Journal and Economist contributor Lauren Schuker Blum, of “housing …
