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By Kate Davidson
MAR 16, 2010 6:58pm ET

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North Carolina Bank Reports $10M Loss

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First Financial Services Corp. in Hendersonville, N.C., reported a $9.9M fourth-quarter loss, six times the $1.6M loss it posted in the same period a year earlier.

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What the Mortgage Settlement Means to Banks
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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
Boca Raton Resort & Club, Boca Raton, FL
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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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