Just when you thought that Wall Street only cared about themselves, along they come to bailout a down and out small Chicago bank. The WSJ reports that there’s considerable firepower behind the effort to save Shore Bank: Goldman Sachs Group Inc. has jumped into an effort to save a Chicago bank whose efforts to expand […]
Archive for May 13th, 2010
Turning The Corner On Foreclosures
Posted by Tom Lindmark on May 13th, 2010
RealtyTrac is out with its April report on foreclosures and it might actually contain a grain or two of good news for the housing market. First, here’s the relevant information: During the month a total of 103,762 properties received default notices (NOD, LIS), a decrease of 12 percent from the previous month and a decrease of […]