Distressed Construction Loans and REO
On Friday, January 22, 2010, Premier American Bank, Miami, FL was closed by The State of Florida Office of Financial Regulation. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. All deposit accounts, excluding certain brokered deposits, have been transferred to Premier American Bank, N.A., Miami, FL, a newly chartered National Bank.
In addition to [...]
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Distressed Pro
On January 6th, we announced the launch of the Distressed Property Professional’s Podcast Series, and the reception has been overwhelmingly warm. After publishing several podcasts within the series, it’s clear that the content is differentiated, relevant, and valuable to our members and site visitors.
As we strive to stay at the forefront of establishing a true [...]
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