Lenders seem to have figured out how to delineate between the people who can afford to stay in their homes and those who are basically beyond help. And that could lead to faster decision-making, and at some point a more stable lending climate. This compares with right after the meltdown, when most lenders had no idea how to deal with modifications and other mortgage adjustments. Also, a look at the short-selling trend. Available at kpcc.org and podcast (Business Update with Mark Lacter). Transcript is after jump
More by Mark Lacter:
Barry Diller's many paychecksSay hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Recent Economy stories on LA Observed:
Monday morning headlinesL.A. budget: Layoffs, pension cuts, and lots of good stuff. But how do they do it?*
Keep those tax checks coming in... please!
L.A., California job gains; unemployment rate is flat
Friday morning headlines
New at LA Observed
Follow us on Twitter
On the Media Page
Go to Media
LA Biz Observed
Go to LA Biz Observed
Sign up for daily email from LA Observed
Annual issue is out this week