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Community Banks with Largest First Mortgage Portfolios

Community Banks with Largest First Mortgage Portfolios On March 31, 2009. Dollars in thousandsPublished August 7, 2009 Rank First mortgagesTotal loansand leasesAssets March 31Year earlierChange 1 Dedham Institution for Savings Mass. $560,366 $545,376 2.7% $721,530 $999,921 2 Fidelity Homestead Savings Bank New Orleans 485,963 452,046 7.5 603,634 853,233 3 Needham...

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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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