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Southern Mo. Has Ark. Deal

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Southern Missouri Bancorp in Poplar Bluff, Mo., is entering northeast Arkansas by buying a $30.5M-asset bank that has been under a regulatory order for more than a year.

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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
March 11-13, 2012
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