Bank Failure Tally for 2010 Hits 50

Eight more banks failed last week, bringing the 2010 total to 50. Three of the failures were in Florida, and two were in California. Massachusetts, Michigan and Washington had one bank failure each.

//www.bloggingstocks.com/2010/04/18/bank-failure-tally-for-2010-hits-50/



Foreclosure Rates Surge, Biggest Jump In 5 Year

A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according to a new report.

//snipurl.com/vmglp



Illinois bank-owned foreclosures double in first quarter

Almost 15,000 Illinois homeowners lost their homes to foreclosure in the year's first three months, twice as many as the number that went back to lenders during 2009's first three months, new figures show.

//snipurl.com/vmcmi



Foreclosure Scams "Spreading like Wildfire"

Scam artists preying on families about to lose their homes. And the number of vulnerable homeowners keeps rising.

//www.cbsnews.com/stories/2010/04/19/earlyshow/living/ConsumerWatch/main6410628.shtml



U.S. Shuts 7 Banks; Year's Failures Rise to 57

Regulators shut down seven banks in Illinois on Friday, putting the number of bank bankruptcies this year at 57.

//www.nytimes.com/2010/04/24/business/24bank.html


From Information Clearing House



//freepage.twoday.net/search?q=bank+failure
//freepage.twoday.net/search?q=foreclosure
//freepage.twoday.net/search?q=homeowner

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