Archive for October, 2010

Florida Homeowners Are Losing The Fight But It’s Not Because Of The Banks

Monday, October 18th, 2010

Steve Dibert, MFI-Miami Since starting MFI-Miami over two years ago, I’ve seen a lot of craziness in regards to foreclosure rescue.  Matter of fact, you could call it the wild, wild west in Florida and with the recent exposure of robo-signers in the mainstream media, it’s only gotten ...

Premier Bank, Jefferson City, Missouri

Friday, October 15th, 2010

Premier Bank, Jefferson City, Missouri, is the 132nd to ailing bank to be shuttered this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $406.9 million. Premier Bank, Jefferson City, Missouri, was closed today by the Missouri Division of Finance, which appointed the Federal Deposit Insurance ...

WestBridge Bank and Trust Company, Chesterfield, Missouri

Friday, October 15th, 2010

WestBridge Bank and Trust Company, Chesterfield, Missouri, makes it 131 FDIC failed banks on the year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $18.7 million. WestBridge Bank and Trust Company, Chesterfield, Missouri, was closed today by the Missouri Division of Finance, which appointed the ...

Security Savings Bank, F.S.B., Olathe, Kansas

Friday, October 15th, 2010

Security Savings Bank, F.S.B., Olathe, Kansas,  brings the total number FDIC insured failed banks to 130 nation wide, for 2010. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $82.2 million. Security Savings Bank, F.S.B., Olathe, Kansas, was closed today by the Office of Thrift Supervision, ...

Shoreline Bank, Shoreline, Washington

Friday, October 1st, 2010

Shoreline Bank, Shoreline, Washington, makes it 129 sick banks shuttered by the FDIC coast to coast in 2010. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $41.4 million. Shoreline Bank, Shoreline, Washington, was closed today by the Washington Department of Financial Institutions, which appointed ...

Wakulla Bank, Crawfordville, Florida

Friday, October 1st, 2010

Wakulla Bank, Crawfordville, Florida, becomes the 128th bad bank to be closed by the FDIC nationwide this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $113.4 million. Wakulla Bank, Crawfordville, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the ...