Mike Mastro settles with state Department of Financial Institutions re: securities fraud. http://is.gd/65jxr # Another Seattle bureaucrat heads to DC to "work on housing policy" on a national level. http://is.gd/65xzx # RT @KirstenGrind: Sterling Financial hit with class action lawsuit: http://bit.ly/8052bU # Post-mortem on Horizon Bank: http://is.gd/68Bo0 # RT @KirstenGrind: The battle rages on for…
Category: News
News, current events, etc.
Four More Washington Banks on the Unofficial Problem Bank List
Calculated Risk’s Unofficial Problem Bank List continues to increase in size, with the latest update including 576 banks across the country. This update added four more Washington State banks to the list: American Marine Bank in Bainbridge Island, Pierce Commercial Bank in Tacoma, The Bank of Washington in Lynnwood, and Viking Bank in Seattle. The…
Weekly Twitter Digest (Link Roundup) for 2010-01-09
Great article in the NYT on the counter-productive nature of recent government interventions in housing. http://is.gd/5K0gx # The disappearing Boeing article I linked last week has reappeared: Boeing faces challenging economy, bitter rival in 2010 http://is.gd/5L8gp # Audio from my appearance this afternoon on KUOW has been added to the post. http://bit.ly/8tx6yW # via @TechFlash:…
Reporting Roundup: Pretend Pending Pumping Party
Time for the monthly reporting roundup, where I read all the local paper rehashes of the NWMLS press release so you don’t have to. Here’s a link to this month’s NWMLS press release: Western Washington pending home sales mark best December since 2006 “Home for the holidays” took on special meaning for 4,399 buyers whose…
KUOW on Foreclosures: Today at 12:40
I’ll be speaking briefly on the radio today on the 94.9 KUOW show The Conversation With Ross Reynolds with guest host Guy Nelson. The subject is the growing number of foreclosures. Here’s the segment teaser that they sent me: Foreclosures are up in Washington State. What’s your experience with foreclosure in this housing market? You…