January 30th, 2009
The federal Office of Thrift Supervision closed Crofton's Suburban Federal Savings Bank Friday evening - the first Maryland bank shut down by regulators in 16 years. (AEG)
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January 30th, 2009
Federal Deposit Insurance Corp. assumed control Friday of MagnetBank, a Utah headquartered bank founded and run by an Atlanta management team earlier this decade.
Read more about “MagnetBank seized by federal regulators”
January 30th, 2009
Meritage Homes Corp. saw fourth-quarter revenue plummet to $400 million from $619 million for the same period a year ago, but did manage to shore up losses. (MTH)
Read more about “Meritage Homes sales plummet, net loss eases”
January 30th, 2009
Mercantile Commercial Capital LLC closed four loans in December with a combined value of more than $6 million.
Read more about “Mercantile closes 4 loans worth $6M”
January 30th, 2009
The Ryland Group Inc. was able to reduce its losses in the fourth quarter, as the company saw fewer inventory valuation adjustments, write-offs, and goodwill impairments. (RYL)
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January 30th, 2009
D.C. created a plan to sell 31 vacant single-family homes and apartment buildings located in seven of the eight wards in the city.
Read more about “D.C. to auction vacant properties”
January 30th, 2009
The developer for a new high-end housing community has moved a step closer to bringing his project to fruition.
Read more about “ReSolution Realty hired to manage home sales in King’s Gate”
January 30th, 2009
Three Denver-area companies said Thursday they have expanded their operations, taking more office space to accommodate that growth.
Read more about “Three Denver companies expand operations, enlarge offices”
January 30th, 2009
Sales of new homes fell to record lows in December as the recession deepened and consumers reduced spending.
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January 30th, 2009
EYA has begun work on a environmentally friendly 210-townhouse development, so far the nation’s largest such green project, in the District’s Capitol Quarter neighborhood.
Read more about “EYA starts green project in D.C.”
Federal regulators close Suburban Federal Savings Bank
