bank failures: First West Virginia Bank Fails - 09/19/08 11:13 PM
I just posted an announcement on the first West Virginia bank to go under called....
Ameribank Inc - Another Bank Failure Announced (Video)
I posted a video of the candidates giving us their take on the whole financial mess of this week ...for what it is worth...haha.
Here's the link again... … (0 comments)
bank failures: What Is a "TED Spread" and Why Is It Skyrocketing? - 09/17/08 11:50 AM
I just posted an article on the skyrocketing "TED spread" which is an indicator for traders and bankers to track the risk involved in lending to commercial banks, called...
Ballooning TED Spread Caused By Subprime Mortgage Risk
In the piece I discuss the importance, the underlying causes, and how the real … (0 comments)
bank failures: Another Investment Firm Is Almost Dead - No Bailout This Time! - 09/15/08 01:10 AM
I just finished a post on the Lehman Brothers demise called...
Lehman Brothers Bankruptcy Likely After Buyers Shunned By Feds
This time around the Fed or the Treasury didn't want to take on the mortgage exposure or maybe the deal was just not as sweet as the Bear Stearns deal a … (0 comments)
bank failures: 11th Bank Failure of the Year - 09/06/08 06:56 AM
I just posted on the 11th bank failure of the year - Silver State Bank of Nevada. You can read it here
Silver State Bank Failure - Assets Go To Nevada State Bank
The side to the story I didn't write about is one of Sen. McCain's sons recently resigned from the … (2 comments)
bank failures: Georgia Bank Closed By FDIC Today - 08/29/08 11:09 PM
I just posted a report stating another bank failed today in Georgia called..
Integrity Bank of Georgia Fails Today
The FDIC closed the Alpaharetta region bank with 1.1 Billion still on the books as assets. The bank has over $900 million in deposits which will go over to Regions Bank.
Read the … (4 comments)
bank failures: Another Bank in Trouble - 08/27/08 11:55 AM
I just finished an article about National City Corp...a big regional bank and former big player in the wholesale mortgage market. I personally never brokered loans to National City, but I know many who did. They are now in some hot water with the OCC and their own shareholders who filed … (2 comments)
bank failures: Servicer of First Horizon Home Loans Rated One of the Weakest Banks in US - 08/11/08 12:10 PM
I just finished an article on First Tennessee Bank who handles servicing for First Horizon Home Loans called...
First Tennessee Bank Owned By First Horizon National Corporation Rated Weak
The article discusses some new research outlining the weakness of the nations biggest banks...and it's shocking. Jump over and read about this … (2 comments)
bank failures: Florida Regional Bank Shut Down Friday - 08/02/08 11:31 AM
The FDIC shut down a Florida regional bank on Friday turning it's assets over to SunTrust...the mega-bank out of Atlanta. Here's the link on my mortgage blog...
First Priority Bank Shut Down in Florida - Smells Fishy
You'll need to click over and read the article, but it seems to me...there … (0 comments)
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I just posted an announcement on the first West Virginia bank to go under called....
