WASHINGTON (AP) -- Regulators have shut down big Ohio bank AmTrust Bank. They also closed three banks in Georgia Friday, bringing to 128 the number of U.S. bank failures this year in a climate of economic struggle and deepening loan defaults.
Regulators shut AmTrust Bank in Ohio
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Stephen Eisel
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Regulators shut AmTrust Bank in Ohio
sad (clicky)...
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ryan costa
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Re: Regulators shut AmTrust Bank in Ohio
there are many more "prime" mortgage foreclosures than sub-prime.
although the sub-prime has a higher default rate, there are many more prime mortgages.
you will notice many houses near the lake in foreclosure valued above 300,000.00
although the sub-prime has a higher default rate, there are many more prime mortgages.
you will notice many houses near the lake in foreclosure valued above 300,000.00
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Stephen Eisel
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Re: Regulators shut AmTrust Bank in Ohio
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Scott Meeson
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Re: Regulators shut AmTrust Bank in Ohio
Stephen Eisel wrote:sad (clicky)...WASHINGTON (AP) -- Regulators have shut down big Ohio bank AmTrust Bank. They also closed three banks in Georgia Friday, bringing to 128 the number of U.S. bank failures this year in a climate of economic struggle and deepening loan defaults.
I guess AmTrust Bank was "swinging for the fences"...what the heck, it's only a financial issue .
If you would understand anything, observe its beginning and its development.
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