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2nd mortgageCLEVELAND, Ohio -- AmTrust Bank, which opened with one office on Valentine's Day 120 years ago and grew to one of the nation's 100 largest banks, was seized by federal regulators Friday and bought by New York Community Bank of Westbury, N.Y. AmTrust ... Read more
AmTrust Bank fails, bought by New York bank - Cleveland Plain DealerYou know Arizona's economy is in bad shape when it ranks worse than Michigan's. Even after years of mind-numbing hits to its construction industry, it's a jolt to realize that Arizona has lost a larger percentage of jobs in this recession than ... Read more
Michigan's economy stronger than Arizona's - Detroit Free PressLook how far we've come, Fools: One year ago, banks were ridiculed for making so many bad loans. Today, they're being threatened with fines for not making enough. Earlier this year, the government enacted a $75 billion stimulus program to entice ... Read more
The Dumbest Stimulus Plan to Date - Motley FoolWith interest rates hovering near zero and unlikely to change soon, finding attractive investment yields is tough. But stocks have been surging, and many investors have locked on to those with appealing dividends. Getting a nice yield can combine ... Read more
10 Great Dividend Stocks - US News and World ReportBOCA RATON, Fla. -- The thoughts below were written three years and one month ago. No one cared about my ideas. On local and national radio for more than 14 years I made the same health care warning loud and clear to anyone who would listen. I'll try ... Read more
Market Mover - American ReporterPANAMA CITY, Panama, May 3, 2009 -- A ban on sales of alcohol and heightened securities greeted Panamanian voters Sunday as a frantic and factious three-year presidential campaign finally went to the voters. Supermarket magnate Ricardo Martinelli, 57 ... Read more
Reporting: Panama - American ReporterWASHINGTON -- Regulators have shut down big Ohio bank AmTrust Bank. They also closed three banks ... the Grand Strand's real estate market can be tracked using data from the federal Home Mortgage Disclosure Act, which released its 2008 figures this ... Read more
Regulators shut AmTrust Bank in Ohio - The Sun News--Boosts Company's Assets to Approximately $42 Billion, Deposits to Approximately $22.5 Billion, and the Number of Branch Offices to 278 New York Community Bancorp, Inc. (NYSE: NYB) (the "Company") today announced that its savings bank subsidiary ... Read more
New York Community Bancorp, Inc. Acquires the Deposits and Certain ... - StockhouseSo you’re looking to buy a new home, and you think a foreclosed house may be the best deal. You’ve probably noticed, then, that many of the big banks ’ Web sites are beginning to look a bit like real estate brokerages, showcasing the many ... Read more
Foreclosures Can Offer Deals, but Buyer Beware - New York TimesBOISE, Idaho -- For Dallas retiree Richard Snyder, the thrill of his central Idaho getaway is gone. Snyder built his 3,500-square-foot vacation retreat at Tamarack Resort four years ago, in an era marked by frenetic construction and new lifts ... Read more
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