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Mortgage, Foreclosure Mess Broadens, Deepens It’s bad enough that these subprime mortgage pools that banks, investment banks, insurance companies, hedge funds and others bought were over-rated and ended up falling precipitously in value as.
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FNS Bancshares in Scottsboro, Ala., has hired a new president and chief executive. The $364 million-asset company named Steve Rownd to the positions, effective Jan. 1. Rownd will also be named president and CEO of FNB Bank. Rownd succeeds Randy Giles, who will retire at the end of the year. Rownd.
UMATILLA – The Umatilla School Board will hold a special meeting at 6 p.m. Tuesday to evaluate the superintendent. The meeting will take place at 1001 Sixth St., and it is open to the public. Council.
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Florida’s High-Speed Answer to a Foreclosure Mess The other is "Invasion of the Home Snatchers," a long piece about the foreclosure crisis. When I went down to Jacksonville to research this piece I initially told my editors that it wouldn’t be possible to do this article in one shot, that we would have to break it up into two parts or a series, because there was so much material.
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