Paraissance Jody McNamer Real Estate Investor

The FDIC site is a wealth of information.  It provides information about bulk home sales, bank statistics, and other general news.

First Heritage Bank, became the nation’s 44 banking failure of 2011.  The Bank was closed by the Washington State Department of Financial Institutions May 27th.

The FDIC sold failed Heritage to Columbia State Bank in Tacoma.

This will continue in our state until non performing real estate assets can be converted into cash or performing loans.

  1. jodysthoughts posted this