Tuesday, July 22, 2008

Bank reo - PacWest Bancorp Writes Down Goodwill - San Diego Business Journal

PacWest Bancorp Writes Down Goodwill - San Diego Business Journal

PacWest Bancorp Writes Down Goodwill
San Diego Business Journal, CA - Jul 17, 2008
REO stood at $9.9 million, due mainly to the bank foreclosing on a San Diego condo project, the bank said. “In terms of credit quality, while nonaccrual ...


Worried customers ask: 'Is my bank safe?' - Santa Rosa Press Democrat

Worried customers ask: 'Is my bank safe?'
Santa Rosa Press Democrat, CA - Jul 17, 2008
They don't understand derivatives markets, or Alt-A loans, or nonaccruing loans, or REO ratios -- all factors that have led to financial woes, even ruin, ...


Second of two parts: Realtors offer buying guide for foreclosed ... - Times Press Recorder

Second of two parts: Realtors offer buying guide for foreclosed ...
Times Press Recorder, CA - Jul 18, 2008
REO asset managers are very familiar with what constitutes a lender-required repair and will not approve cosmetic, dated or “wear-and-tear”-related issues. ...


Foreclosure Brings Blues To Renter - Tampa Tribune

Foreclosure Brings Blues To Renter
Tampa Tribune, FL - Jul 18, 2008
The other option is to call the "REO Agent," the real estate owner, usually the bank, and offer "cash for keys." Just as it sounds, you can ask for ...


Ticor Selects DepotPoint's TrackPoint as Online Workflow Engine to ... - Earthtimes (press release)

Ticor Selects DepotPoint's TrackPoint as Online Workflow Engine to ...
Earthtimes (press release), UK - Jul 16, 2008
Gordon explained that when a property reverts to the bank as an REO asset, it usually takes from six to nine months to assign the property to an REO ...


Build Your Wealth During Foreclosed Exposure - WebWire (press release)

Build Your Wealth During Foreclosed Exposure
WebWire (press release), GA - 10 hours ago
There are three times to buy a foreclosed home: during auctions, when it’s in pre-foreclosure or when it is owned by the bank—real estate owned (REO). ...


Shore Community Bank Announces Second Quarter Earnings - Biloxi Sun Herald

Shore Community Bank Announces Second Quarter Earnings
Biloxi Sun Herald,  USA - Jul 18, 2008
Total real estate owned (REO) for the same period was $2604633. The Bank is actively seeking and negotiating with parties relating to the sale of these ...


Virginia REALTOR® Offers Homeowners Tips to Prevent the Sabotage ... - PR Web (press release)

PR Web (press release)

Virginia REALTOR® Offers Homeowners Tips to Prevent the Sabotage ...
PR Web (press release), WA - 9 hours ago
Short Sale listings and Real Estate Owned (REO's) property listings make up the majority of active listings in Prince William County, Virginia. ...


First Defiance Announces 2008 Second Quarter Earnings - PR Newswire (press release)

First Defiance Announces 2008 Second Quarter Earnings
PR Newswire (press release), NY - 9 hours ago
Recent high-profile bank failures have significantly affected the value of those equity notes, which bear the initial default risk in the trust preferred ...
People's United Financial Reports Second Quarter Earnings of $43 ... FOXBusiness
First Financial Holdings, Inc. Reports Third Quarter Earnings Earthtimes (press release)
Flagstar Bancorp, Inc. Q2 2008 Earnings Call Transcript Seeking Alpha
FOXBusiness - PR Newswire (press release)
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