Failure This Year Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Great Depression.Integrity Bank, with $1.1 billion in assets and $974 million in deposits, was shuttered by the Georgia Department of Banking and Finance and the Federal Deposit Insurance Corp.

This stuff has no shrinkage as it dries (insert shrinkage joke here).

A few things you'll like to know: What was the source of the water damage, is it dry,was it repaired, and was the damage properly addressed according to industry standards (S520 standard andreference guide for professional water damage restoration).

I guess if I pay as long as I can, then they see there is no money left in my accounts they may accept it or I will stop making payments because it has run me dry.

All people can do is speculate.My guess: The bailout should preserve (temporarily at least) credit markets so lending won't immediately dry up, which should keep the housing market alive.

I agree that these things are just bleeding us dry.

Many of the homes in my market are selling for 20-25% of their previous highs, leaving over leveraged investors out to dry.

"Our nation's financial recovery must begin at home with the homeowner," says Gilbert. " Enacting measures that keep homeowners in their homes is the only real way to stem our financial crisis."

If you take the dry real estate classes offered by a community colllege to get people to be able to pass the real estate exam for a license, you might just get burnt out before you get started.

It is pretty cut and dried.