Illustration of a perspn getting mortgage information online. (Image: Rawpixel.com, via Shutterstock)OPINION: When Californians think about home mortgages, we typically think of banks. But the top three mortgage lenders in California aren’t banks, they’re financial technology or “fintech” lenders. Typically known as nonbanks, they generally operate online only, have no branches and take no deposits.
Illustration of a perspn getting mortgage information online. (Image: Rawpixel.com, via Shutterstock)OPINION: When Californians think about home mortgages, we typically think of banks. But the top three mortgage lenders in California aren’t banks, they’re financial technology or “fintech” lenders. Typically known as nonbanks, they generally operate online only, have no branches and take no deposits.
The annual Black History Parade and Festival in Pasadena. (Photo: Jesse Watrous, via Shutterstock)ANALYSIS: Both the New York Times and ProPublica have written about the impact of COVID-19, reporting that in states where Black communities make up only a relatively small portion of the population, nearly half — if not majority — of all COVID-19 deaths are members of the Black community.
A recent demonstration in support of curtailing drug prices. (Photo: California Nurses Association)OPINION: The best argument for passing Proposition 61 to cut drug prices in California, may be SB 1010, a modest effort to require the drug manufacturers give more notice and some justification when jacking up prices. Though the bill would not have actually cut prices, it drew ferocious opposition from a who’s who list of major pharmaceutical firms. They won.