Real estate blog entries tagged with mortgage by Craig Grella (CreativeREO)

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Home : Blogs : Craig Grella : CreativeREO : Tag "mortgage"

mortgage: The Banking Market and FDIC Bank Closures - 01/24/11 04:05 PM

2009 had been the worst year on record for banks with 140 closings, which was almost three times more than the total number of all bank closings for the previous nine years combined. It was then overtaken by 2010, when closings rose by 12% to a total of 157 banks closed, bringing the two year total (2009 and 2010) to 297 closings, or 84% of all banks closed in the last decade.
2011 has seen the closing of seven (7) banks thus far, a rate of almost one every three days. Some industry insiders believed the rate of bank closings would … (0 comments)

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Craig Grella

Nashville, TN

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CreativeREO

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