Slowing Real Estate Sales Hurting Banks Earnings
July 12th, 2006 • Related • Filed Under
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Smaller banks in California are starting to be impacted by the real estate slowdown in their state. It will be interesting to see how this plays out in the future.
The slowing housing market is already taking a toll on Bay Area bankers who depend heavily on low-cost real estate deposits.
UnionBanCal Corp., Comerica Inc. and City National Corp. have seen their shares slide as worries mount over how they’ll be affected by their dependence on low-cost commercial deposits and real estate-related escrow balances “via MSNBC.com
You're right. If you come from Central Jersey (as the Boss and I do), you go to Florida at some ...
Maybe it was kryptonite...
ECONOMIC REPORT
'Prolonged' recession, higher joblessness seen likely
NABE survey indicates most economists now believe U.S. recession's started
By Mike ...
I couldn't agree more.
The newspaper has always "stuck" it to the real estate agent with rates that were much higher ...
By the way, homeowners trying to get short sale approval should be aware that lenders are comparing the initial loan ...
Ouch! Thankfully I haven't come across anything like that yet. We normally don't have situations like that in ...
well, the guy was here illegally.
serves him right. 
BY USING FIRST CLAIM INSURANCE ADJUSTERS YOU WILL HAVE THE ABILITY TO LOOK AT YOUR INSURANCE SETTLEMENT AND REALIZE FIRST ...
not bad 
I can't speak for the whole state of Nevada, but in the Las Vegas area, homes are still selling, we ...
