see the Red Sea parting..., not just, for you.
While we usually, as opposed to "normally", use Calculated Risk's "unofficial" troubled bank list, this article is evidence that even the main stream media is "troubled"
One especially troubling fact:
the FDIC reported that mortgage delinquencies
hit an astounding 10.8 percent in the first quarter
up from 6.4 a year ago and just 1.2 percent three years ago.
Those numbers may portend more defaults and foreclosures over the next several months.
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Bank profits rise, but so do bad loans
Check the health of your institution with BankTracker
The number of banks with risky levels of bad loans rose slightly in the latest quarter, even as bank profits rose sharply. Check your bank or credit union in the BankTracker.
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