(Update: to be fair, Bank of America did take a hit this past quarter) In order to create incentive and get consumers' as well as investors' confidence back up to levels before the financial crisis started, it seems the media and their overlords, whoever they may be (I personally think Goldman, ... Read More

Exclusive - Wells Fargo's Commercial Portfolio is a ticking time bomb - BankImplode.com "In order to sort through the disaster that is Wells Fargo’s commercial loan portfolio, the bank has hired help from outside experts to pour over the books… and they are shocked with what they are seeing. Not only ... Read More

From Calculated Risk: This is happening all across the country: falling demand and still more office supply coming available as large commercial real estate projects are completed. This means falling rents and property values. And as the construction loans come due, there will be more and more losses for lenders. From ... Read More

Brace for a Wave of Foreclosures, the Dam is About to Break - (Archive) Nearly One-Third Of All Mortgages Are Underwater (PDF) - (Archive) Is This the Start of the Big One? - (Archive) Apparently, we have not yet come to the end of the foreclosure mayhem, and therefore, the stress on banks, ... Read More

http://www.cnbc.com/id/31706523 ... Read More