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.
Read More →Sorkin, Zakaria up close
Andrew Ross Sorkin, M&A reporter for the New York Times, and CNN host Fareed Zakaria will speak in Santa Barbara.
Read More →Bank earnings rebound signals better times
Santa Barbara Bank & Trust and its smaller banking peers in the region are reporting improved earnings.
Read More →Armstrong to beef up business ties
When the new president of Cal Poly San Luis Obispo took the podium at theannual Central Coast Economic Symposium, April 7, some 350 business leaders did not know what to expect. But by the time Dr. Jeffrey Armstrong finished speaking some 15 minutes later,the audience knew two things. First, afterjust three months on the job, Armstrong has mastered the local geography andlearned quickly about what makes the economy work.
Read More →Postal cutbacks signal crunch in public sector
Between the rise of e-mail and the Great Recession, the U.S. Postal Service hasn’t had an easy decade. Mail volume is down 20 percent since 2006 and the agency has even discussed eliminating Saturday delivery.
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