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Katie Kuehner-Hebert
OCT 6, 2006 1:00am ET

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1st State of N.M. Has New Deal

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Continuing with its plan to bulk up in fast-growing markets in the West, First State Bancorp of Albuquerque has struck a deal that would nearly double its branch network in Colorado's Front Range.

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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover

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Conferences
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17th Annual Best Practices in Retail Financial Services Symposium
March 11-13, 2012
Boca Raton Resort & Club, Boca Raton, FL
16th Annual National Collections & Credit Risk Conference
March 14-16, 2012
Hyatt Regency New Orleans, New Orleans, LA
6th Annual Mortgage Servicing Conference
April 17-19, 2012
Omni Mandalay Hotel at Las Colinas, Dallas (Irving), TX
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