FDIC Loan Sales

Commerce First Bancorp Inc. Reports Operating Results (10-Q) (Guru Focus)

by admin on November 4, 2009

By 10qk. Commerce First Bancorp Inc. ( CMFB ) filed Quarterly Report for the period ended 2009-09-30. Read more » »

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Commerce First Bancorp Inc. Reports Operating Results (10-Q) (Guru Focus)

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The FDIC Recognizes the Value of Prudent Commercial Real Estate …

by on November 4, 2009

For example, to accurately value collateral, rental and sale prices of commercial property in the borrower’s area, the average amount of time it takes to sell or rent property and anticipated changes in these rates are assessed. … Although the arranging of a CRE workout shows a borrower’s inability to stand by the terms of their original loan and hence would seemingly justify a more severe loan classification, the FDIC’s policy update encourages leaving the loan grading …

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The FDIC Recognizes the Value of Prudent Commercial Real Estate …

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Carrollton Bancorp Reports Third Quarter Net Loss and Announces a $0.04 Quarterly Dividend (Business Wire via Yahoo! Finance)

November 3, 2009

BALTIMORE—-Carrollton Bancorp, the parent company of Carrollton Bank, announced a net loss for the third quarter of 2009 of $594,000, due primarily to a loan loss provision of $1.6 million, compared to net income of $51,000 for the third quarter of 2008.

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But of course they are against it…. : Straight Talk About …

November 2, 2009

In particular, the 10% credit risk retention requirement may be inappropriately applied to all loan sale transactions regardless of whether the loan purchaser intends to permanently hold the loan , according to Courson. … Oh, and the FDIC is going to lose $2.5 Billion on it. That’s going to leave a mark. Tom VanderwellCalculated Risk: Bank Failures 107 through 115: Nine Failed Banks in Arizona, California, Illinois and Texas From the FDIC : U.S. Bank, NA, […] …

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Fred Glick – U S Loans Mortgage LLC and U S Spaces, Inc: Is The …

October 22, 2009

Add the $195360 to the sales price of $241000, and you get a grand total of $436360. Remember, OneWest paid $334600 for the loan . So, OneWest puts $101760 in their pocket, thanks to the FDIC . Folks, that is over $100k of our hard-earned …

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FDIC Loan Modification – PR-Inside.com (Pressemitteilung)

October 12, 2009

FDIC Loan Modification PR-Inside.com (Pressemitteilung) As of January 28, 2009 the Federal Deposit Insurance Corporation ( FDIC ) loan modification was put into effect. What is unique particularly about these loan … and more »

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Reality NOT on TV – Banks Make Money on Foreclosures | Stop House …

September 15, 2009

OneWest issued a press release at the sale , stating they would continue to pursue the FDIC’s loan modification and short sale strategy. How long do you think that lasted? Try calling IndyMac now for either and see how far you get. …

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fdic to dump nearly $5-billion in distressed assets

September 10, 2009

the largest of the offerings will involve $2.7 billion of residential acquisition and development loans that will be marketed through keefe, bruyette & woods, which has handled a number of previous fdic loan sales . …

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