An $11,800 bounce in prices
No category of housing in Manteca has dropped farther in value than the Cherry Lane condos. The conversion of the apartment complex at Union Road and Cherry Lane five years ago created what was touted as Manteca’s most affordable housing. At the height of the housing bubble in early 2006, the 941- and 944-square-foot units peaked at $220,000. A 944-square-foot unit closed escrow on Jan. 21 for …

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Mortgage Fraud Causes Losses For Institutions -Regulatory Group
Mortgage Fraud Causes Losses For Institutions -Regulatory Group

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Your mail: La. banks solid
The public is justifiably angry and puzzled about the actions of the federal government since the fall of 2008 when the financial system appeared to be in crisis.

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Regulators shut small Florida bank
WASHINGTON — Regulators on Friday shut down a small bank in Florida, boosting to 17 the number of U.S. bank failures this year following 140 closures last year in the worst financial climate in decades.

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My apr with Cap1 was 4.9 and it went up to 29.9 and now they lowered it to 13.9. I got a letter from GE Money saying that I have went over a year with no activity and that they closed my account. I’m gonna call and see if they will reopen.

 

Regulators shut banks in Fla., Ga., Minn.
Regulators on Friday shut down two banks in Georgia, and one each in Florida and Minnesota, boosting to 13 the number of bank failures so far in 2010 on top of the 140 shuttered last year in the punishing economic climate.

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