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Jilted by Private Equity, Temecula Up Against a Deadline
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Four More Failures Hit Industry

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Two Southern Calif. banks — totaling over $3B in assets — succumbed to construction loan losses Friday evening, and the FDIC endured another busy night.

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Interpreting the $25B Mortgage Settlement
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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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17th Annual Best Practices in Retail Financial Services Symposium
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