Stock profits fund larger homes in a booming market
In a rising stock market, investors in their 20s and 30s tap profits from stock options and mutual funds to make down payments on bigger homes. Experts warn it may backfire if markets fall, as buyers rely on unrealized gains for large mortgages.
MENTIONED IN THIS ARTICLE
Los Angeles
Wall Street
Dan Summers
Silicon Valley
Visx
California
California Association of Realtors
Doug Anderson
Cornerstone Mortgage Corp
Anderson
Susan Ratliff
Pasadena
Mark Cowan
Warrant backlog allows felons to slip through cracks
Police say hundreds of thousands of felony warrants remain outstanding nationwide, with states like Massachusetts listing tens of thousands while vast numbers never enter the federal NCIC system. Experts warn limited resources and poor interagency coordination let fugitives renew licenses and access benefits, enabling repeat offenses.
MENTIONED IN THIS ARTICLE
Charles Jaynes
Massachusetts
Arthur Roderick
U.S. Marshals Service
FBI
National Crime Information Center
NCIC
Colorado
Denver Broncos
Colorado Bureau of Investigation
Robert Cantwell
Jack Grant
International Association of Chiefs of Police
Alexandria
Incomplete state data limits NICS gun background checks
The FBI’s National Instant Check System relies on state cooperation, with many states not sharing mental health or gang-involved data. Officials note “this is a voluntary system” and that information not in state records won’t be checked. Since NICS began, 48,000 purchases were blocked, while states ran 2.4 million tests using their own data alongside NICS.
MENTIONED IN THIS ARTICLE
PRI
FBI
James E. Kessler, Jr
Clarksburg
W.va
Kessler
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Pretam Fuqua
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Fred Flick
National Association of Realtors
Washington
Betsey Twigg
Virginia
Glen Mendell
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Summers
Santa Clara, Calif
Cowan
THE
Associated Press
Cheryl A. Jacques
Jaynes
Jeffrey Curley
Senate
Jacques
Lynn Quiring
Lynn
Annis
Ted
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el Segunda
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Topeka Wrogs
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