We are up to 58 bank failures in the US (thru July 22). These banks represent approximately $19 Billion in assets including 4 Billion dollar banks and 1 two Billion dollar bank.

This also makes 10 failures in July a...

Newbie question. I read a lot of people complaining that short sales take too long. Would attempting to short sale on properties that are about to foreclosure motivate lenders to move faster? I read that lenders rathe...

The government spent billions of dollars to bail out the banks in hope to stabilize the financial infrastructure so bank would start lending again. It seems to fail for the most part.

Wouldn't it be better if the gov...

Newbie here looking for some direction...

I've found a foreclosed & vacant house in the Denver area that has a large outstanding HOA balance (most likely over 6 months of outstanding dues). The HOA hasn't filed a...

News broke early this morning that the FDIC took over 1st National Bank of Nevada and First Heritage Bank, closing 28 branches. The closures follow the recent demise of IndyMac bank several weeks ago, and are another...

Hi All,I wanted to get your professional opinion on this property that I'm thinking about putting in an offer on. This quite possibly may be my first commercial property deal, and I'm just a bit nervous about pulling ...

Recent REO listing 98 DOM description as follows:

Great Bank Owned Home in West Valley Pines. 5 Bedrooms, 4 Bathrooms, vaulted ceilings, mature fruit trees. Nicely landscaped yard in the pines. Very nice neighborh...

http://www.fdic.gov/news/news/press/2008/pr08098.html

Monroe Bank & Trust Acquires All the Deposits of Main Street Bank, Northville, Michigan

FOR IMMEDIATE RELEASE
October 10, 2008 Media Contact:
LaJuan Willia...

Hi BP,I have 25K in Huntington bank, which I think is a relatively small local bank. Should I move my retirement account to a bigger bank or wouldn’t it be affected by the potential local bank crisis? I had to move my...

It looks like Dodd-Frank will be amended or sent on its way  Good news http://thehill.com/business-a-lobbying/331926-hous...