Non Performing Loans, REO, and Contacts for Thousands of Banks
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The reason I write these bank failure reports is so that you can get a good look at what does or does not make a good bank prospect. If you're looking to buy, service, or sell non-performing loans or REO with banks it pays to know something about … [Read more...]
I haven't done a round of bank autopsies in a while but this weekend three more banks were closed and I thought I'd show you what we know about them in BankProspector. Summit Bank Burlington, WA If you've read some of my posts you know I point to … [Read more...]
If the bank knew they couldn't really lose don't you think they'd be more inclined to sell? Presenting 'Loss Sharing'. If you don't know what an FDIC Loss Sharing agreement is then watch the video at the bottom of this post (it will save me a LOT of … [Read more...]