When Bad Loans Happen to Good People: The Horror Story of the “Monster”

While much of my academic career has been spent studying how families get credit to buy homes, the past few years have made me much more aware that simply getting credit isn’t a goal in itself. No, if the credit isn’t sensible and sustainable, the pain can be far worse than any gain that could have resulted. Consider these stories…

You would have never known, unless you were trained to look for the signs, that Clarence and Wendy Wincentsen were a good mark …

What’s the health of the economy in your own neighborhood?

Our Director, Raphael Bostic on KPCC’s Take Two this morning discussing micro-economics within different neighborhoods in the Los Angeles area: via KPCC Take Two | May 8th, 2014, 9:35am The economy may be recovering, but it may be hard to tell depending on where you live. In a place like Silicon Beach, jobs are on the rise…