Natural disasters

The fires are raging in Los Angeles and Ventura counties, prompting California's governor to declare a state of emergency.

Numerous business sectors are urging lawmakers to act quickly to extend the National Flood Insurance Program before a crucial deadline next week.

Banks and their regulators quickly got back up to speed in markets hit hard by recent hurricanes, thanks in part to the lessons learned in the aftermath of Hurricanes Katrina and Sandy, a panel of regulators said Tuesday.

The online small-business lender, which has been cutting expenses, said it is on track to achieve profitability in the fourth quarter.

A securities settlement, portfolio asset sales and greater interest among smaller lenders helped Freddie Mac compensate for potential losses from the catastrophic hurricane season.

Quarterly results at the Santa Clara, Calif., company got a boost from stronger lending to venture capital and private-equity firms.

Chief among the credit union’s aid efforts are low- and no-interest loans, and initiatives in concert with other area service providers.

Under a joint order, lenders still have to document the value of properties in storm-affected regions, but they will not have to depend on appraisers.