Banks closings for the week ending May 28 - we're up to 78 so far this year!

Bank Closing Chronicle

May 31, 2010

Each week in my blog I will chronicle the FDIC bank closings. This week we had 6 closings. They include: Bank of Florida - Southwest in Naples, FL Bank of Florida - Southeast in Fort Lauderdale, FL Sun West Bank in Las Vegas, NV Granite Community Bank, NA in Granite Bay, CA Bank of Florida - Tampa in Tampa, FL Pinehurst Bank in Saint Paul, MN This brings the total banks failed this year to 78.

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May 31, 2010

People On The Move

Keeping Current Matters Names Ratiu Chief Economist

Held similar positions with Realtor.com and NAR.

Keeping Current Matters (KCM), a Richmond, Va.-based market insight education and content provider for the real estate industry, said Thursday it has named George Ratiu the company’s chief economist. George RatiuRatiu brings decades of experience...

Analysis and Data

Fannie Mae: Banking System Instability Could Cause Recession

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The U.S. economy will not see a repeat of the 2008 financial crisis this year, but a “modest recession” is still on the horizon, according to the latest projections by Fannie Mae’s Economic and Strategic Research (ESR) Group. The ESR Group on Friday revised upward its first...