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The deal would have 750 employees moving to Prospect Mortgage, which specializes in buying midsize residential lenders.
More From Mark Lacter:
Native Intelligence
Librarians are some of my personal heroes, providing a beacon of light in a world that often seems hellbent on...
But please don’t just think of of the victims.
The 17 access gates remain unlocked from the beach side--with one exception.
SoCal Sports Observed
Elton Brand screws over the Clippers and becomes a Sixer.
Echo Park blog
Photo: Lotus Memorial II By Stephen Roullier (c), 2008 Someone plucked the first one -- a lovely lotus blossom,...
Malibu blog
Veronique de Turenne / MTV party house on July 4th
Yep, they're illegal in Malibu, but MTV set up a party house next door to us in the Cove....
Bill Boyarsky
The unspoken question in the runoff between Bernard Parks and Mark Ridley-Thomas is how much influence the winning candidate will allow the unions in negotiating the reopening of Martin Luther King Jr.-Harbor Medical Center, which once served thousands of poor people.
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Feedback | As a subscriber to the LA Times, Gary Dretzka writes he is "certainly not looking forward to a decimated product. Previous trims in coverage...have not gone unnoticed, so why should we tolerate less?"
Feedback | Media Channel's Danny Schechter fact checks the post about him and his credit crunch piece in CityBeat.
Feedback | One longtime Los Angeles news junkie gives up her Times subscription, sad and disappointed about changes she has seen happening.
Feedback | Jesus. I live in this town. I write about this town. I need the LA Times
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