Sunday, June 30, 2013



BofA Has Man Prosecuted For Writing Anti-Bank Messages On Public Sidewalk And Gets Judge To Bar 1st Amendment Arguments

Bank of America is pressuring the San Diego City Attorney to send chalk protester to prison for 13 years.
Bank of America is pressuring the San Diego City Attorney to send chalk protester to prison for 13 years.
Jeff Olson from San Diego, California will face jail time for writing anti-big bank messages in water-soluble chalk on public sidewalks outside Bank of America branches last year.
To make matters worse the presiding judge in the case, Howard M. Shore ruled to prohibit Olson’s attorney from “mentioning the First Amendment, free speech, free expression, public forum, expressive conduct, or political speech during the trial.”
Olson is being charged with 13 counts of  vandalism which could force him to pay a $13,000 fine and put him behind bars for 13 years.
The San Diego Reader reports that Olson and his partner had been active in the campaign to encourage people to move their money from Bank of America and during one protest, Darell Freeman, vice president of Bank of America’s Global Corporate Security began accusing them of running a business with the opposition.  Witnesses even say Freeman even threatened to slander Olson at his credit union.  According to witness, David Batterson,
Olson later expanded his displeasure with Bank of America with chalk drawings on sidewalks outside various Bank of America branches with Bank of America security cameras apparently recording his actions.  He stopped his artistic protest last year after he received a call from San Diego’s Gang Unit.
The Reader reports Freeman, like Javert in Victor Hugo’s Les Miserables, pursued Olson and pressured city attorneys to bring charges against Olson until they announced that they would do so this past April.
The case went in front of Judge Howard M. Shore earlier this week and Shore ruled The First Amendment has no place in Superior Court Judge when it comes to vandalism with water soluble chalk.  Shore granted Hazard’s motion to prohibit Olson’s attorney Tom Tosdal from mentioning the First Amendment, free speech, free expression, public forum, expressive conduct, or political speech during the trial.  He wants trial to focus on whether or not Olson is guilty of vandalism not what his motivations behind the alleged vandalism were.
Yesterday the San Diego City Attorney’s Office issued the following statement to the Huffington Post:
1. This is a graffiti case where the defendant is alleged to have engaged in the conduct on 13 different occasions. The trial judge has already held that, under California law, it is still graffiti even if the material can be removed with water. Most graffiti can be removed. Also, the judge and a different pre-trial judge held that the First Amendment is not a defense to vandalism/graffiti. 2. The defense is trying to make this case into a political statement, which it is not. This is just one of some 20,000 criminal cases that are referred to us annually by the police department. We have prosecutors who decide whether to issue cases. They are professionals. The City Attorney was not involved in deciding whether to issue this case as is typical practice in prosecution offices for most cases. He hadn’t heard of this case until it was in the media. 3. The defense is whipping up hysteria about the prospect of 13 years in custody. This is not a 13 year custody case. It is a standard graffiti case compounded by the fact that the defendant is alleged to have done it on 13 separate occasions. Because there were 13 different occasions when the defendant allegedly engaged in the conduct, the law requires them to be set out separately in the complaint. This increases the maximum sentence, but it still is a graffiti case and nothing more. The courts routinely hear graffiti cases and handle them appropriately using judicial discretion. 4. It is not unusual for victims to contact police or prosecutors about a case. Our prosecutors are trained to focus only on their ethical standards in deciding whether to file a case. 5. We prosecute vandalism and theft cases regardless of who the perpetrator or victim might be. We don’t decide, for example, based upon whether we like or dislike banks. That would be wrong under the law and such a practice by law enforcement would change our society in very damaging ways.
After reading this, I don’t exactly know what to say.  So I’m going to let Ron Burgandy do it for me:


Help this family from losing their homes to fraud

 Another sad sisuation. We need to show our strengths and voices to stop this abuse.  Sign their petition and help them save their home.

Don't Steal Our Home Freddie Mac

To: Freddie Mac

Don't Steal Our Home Freddie Mac
of 100 signatures

Campaign created by Marcie Jacobs Icon-email

Freddie Mac prove you own our loan and that you didn't steal 
it out of the Taylor 
Bean & Whitaker Bankruptcy as is 
evidenced by MERS.

Why is this important?

Freddie Mac needs to stop stealing homes and work with homeowners. 
Freddie Mac needs to pay the appropriate transfer taxes 
to counties that are 
bankrupt like Elbert County where I live.  Freddie Mac uses 
Ocwen Loan Servicing, 
LLC, a servicer with a long and vicious record of 
abusing homeowners. 
Get rid of Ocwen Loan Servicing as your servicer, 
Freddie Mac. 
Tax Payers that bailed you out do not deserve to be 
abused by the likes of 
Ocwen on your behalf.

Saturday, June 29, 2013

Joann Kennedy fights on

This is an update from my friend Joann Kennedy , who is living a nightmare we can not imagine. The PA State Police Kelly first off needs to be fired! The rest I will let you see on your own.. We are with you Joann and so are our prayers.

tell me about nightmares,  I found out why I got the criminal trespass charge  yesterday 
 [ préssəd'nt ]   
  1. example for later action or decision: an action or decision that can be used subsequently as an example for a similar decision or to justify a similar action
  2. established practice: an established custom or practice
  3. requirement to follow earlier court decisions: the doctrine that requires a court to follow decisions of superior or previous courts
Last Friday,  6/21/13  Gerry Sullivan, DOJ  called the FHFA OIG Special Council to see if they had indeed found that phoney note.  And just like Brian Penny (whistleblower for Bof America)  had said, "that note will show up in 3 days "  And it did. 
The problem    is now Gerald Sullivan has to subpoena the FHFA OIG Special Council for the documentation.  So I was talking to Bob Morgan,  at Fed. Matt Cartwright's office  and he called the DOJ  and asked them to subpoena that note.
The reason the FHFA  won't show it  is incrimination,    Which is why Karen Briscoe duty officer in the FHFA OIG  dragged her feet  for over 2 months.   I told Bob Morgan  that I think she found that note  and then lied to US.
She needs to be fired. 
In addition, 
this is also the reason  that  Arthur didn't go back to the Lower court house,  in Northampton cause once this starts  the DOJ and AG  will be involved  the AG  has already  yelled at Arthur Jenkins for the furniture debacle  on the 6/7/13.  However, the AG  will dictate to the County DA.  If Arthur Jenkins is found to be filing false and frivolous charges - he is the fall guy  not Fannie Mae nor Wells Fargo.   I have to find a way to put so much heat on Arthur Jenkins  that he will crack and spill the truth of this colluded  activity. 
After,  going to the District Magistrate's office in Wind Gap and in Bangor, I then made my way  to State Congressman's office  Joe Emerick  and sat down with Bob Kilbanks.   I've known Bob  since I ran for LMBT supervisor  and he immediately looked at the trumped up citiations, made copies  and sent Candice's citation with the AG complaint  to AG Constituent Services.    PA STATE Trooper Brian Finn is accusing Candice, my daughter, of not changing the address on her drivers license.    Candice doesn't have a driver's license.   So the paperwork is harassment,    in addition, 
At 4:30 pm  Charlie Cascio  called  from the PA AG's office   I was trying to round up the cats  around my house and feed them  before the next round of storms  roll thru.  I have to talk to Charlie  Cascio  on Monday.
What really bothers me the most about the criminal trespass citation  is the fact that the family cats and the feral colony has been outside for almost 4 months,  and I have to sneak down there to feed them.  I have called shelters, rescues,  animal rights advocates and nothing -- no one will help me  at all.  
In addition,  my husband's boat is in the driveway.   It's broken  so it can not be moved until it is welded and repaired.  However, I am not allowed on the property to do this work cause I will be criminally trespassing.   And guess what Arthur Jenkins  has enlisted the help of the neighbors next door the Ayoubs  (remember Arthur hired Jim Ayoub of USA Enterprises to steal the appliances out of my home with PA STATE TROOPER Kelly sitting there doing nothing)
Now on the criminal complaint  Mike McCollum  is listed as a witness.   Guess what I called Lori Stauffer and asked her if she knew of this Mike McCollum  and she said  she had not.  So  a person who is not listed as a resident in LMBT is accusing me of criminal trespass.  
I won't know when the court dates are  it won't be decided till next week or maybe the following week. 
Any questions,   you know how to find me
JoAnn Kennedy
PS  Talked to Juris Doctorate J. James on Friday Morning  he can't help me  cause he an attorney  for the defense of white collar crime.  I am a victim,  however  he wished to remain in the loop and offer me consultation. 
this is what is supposed to happen.
the DOJ  receives a complaint  and the FBI  investigates 
The DOJ can not investigate the complaint  as well.  It is then the DOJ's responsibility  to decided if the victim has been harmed  either criminally or civil rights  or both.
YOUR FED Congressman  or FED SENators  can advocate on your behalf and act as the conduit.
I know both Casey and Toomey  have failed with me.
Where Matt Cartwright  and Charlie Dent  have done more than I could ever ask.   
The PA Attorney General is responsible for fraud, and civil actions for victims  --  it is up to the PA AG to inform the County DA's office of victims  circumstances.
like before 
the STATE Sen. and STATE Congressman can advocate for the victim.
I applaud  both PA STATE Sen. Lisa Boscola  and  PA STATE Congressman Emerick  for their staff.  Do you know that Mr. Emerick reads his Facebook page  wow!!!   Both have excellent staff  Matt Marks yesterday faxed over the request to PA STATE Troopers Barracks in Belfast  the request for paperwork  for submission to the PA AG's office on my behalf.  And no  you do not need a court order or a subpoena  says  JD Counselor J. James,    Corporal Mahady and his Troopers  Finn and Kelley  lied to me, my daughter,  and to Matt Marks of Sen. Lisa Boscola's office. 
this is also the avenue  for foreclosure victims to follow  nationwide  to get reparations
Well have a good day,  JoAnn Kennedy   

USB Investors - heres your heads up

Real estate investment trusts (REITs) could soon turn from income investor darling to toxic portfolio sludge. It's already started: While the S&P 500 fell a few percentage points over the past month, REITs tumbled over 12% -- as measured by the Dow Jones REIT index (which covers over 90% of all publicly traded REITs):
(click to enlarge)
Worse still, if you back out dividends (which have been substantial), REITs have underperformed the broad stock market since mid-2010. Why the underperformance? For the past five-plus years, REITs enjoyed the double-edged sword of Fed policy. Low borrowing costs (of essentially zero percent) made it incredibly easy for these leveraged firms to borrow low and lend high.
But since rates can't go lower than zero, there's limited upside for REITs. Investors have kept one foot near the exit in anticipation of an inevitable rate hike when the Fed stopped (or hinted at stopping as we recently witnessed). That's because when rates rise, REITs will take it hard in the shorts.
First, profits will fall. That's because the "spread" between what they can borrow for and what they can lend for will narrow. When you can borrow at 0% and lend at 5%, you can leverage a billion dollar portfolio into hundreds of millions in profits. But what happens if rates jump to just 1%? That shrinks their profitability by one-fifth. If rates rise high enough, current loan repayment levels won't be high enough to secure new borrowing -- and REITs won't be able to secure a nickel of financing from anyone.
Companies like Annaly (NLY), considered to be one of the biggest and best run REITs, could see their current 12.3% dividend drop from double digits to zero -- and the stock will crater even further than it already has. When your business model is based on periodically refinancing long-term debt and pocketing the difference between borrowing costs and lending profits, you can expect huge gains when rates are super-low -- like they are right now.
But every REIT investor should be intimately aware of the other side of the sword. When (not if) rates rise, REITs will have a hard time. We currently own two REITs in our portfolio, but we're keeping a close eye on borrowing rates and, like every other REIT owner, we have one foot near the exit at all times. We'll let you know when things go from bad to worse for REITs.
Disclosure: None.

But here I will help you out.

The Roosevelt management trade  Dec 29th.2012, where they bought Archbay Holdings llc 2010B,  and than securitized it as a T-1 with USB as Trustee , is fraud. The houses were in foreclosure, titles are junk, Paperwork for them is fraud by Orion Financial Group, not the actual banks who owned them, and I know of one that has liens on them for 4 times the houses worth and 2 are Federal Liens as well . The actual worth of the house at the last appraisal in 2012 was 119.000.00 but their telling you 180,000.00 , the liens are well over 400,000.00 . Now don't you think you should be doing some checking yourselves? This is facts not fiction here and your being brought down that old 2005-2008 road. Remember I warned you. 


What a bunch of hogwash this is . Once again  Deutche Bank avoids everything and places the blame elsewhere. Hello Douche Bank - YOU hired them servicers and YOU are responsible, just like your responsible for all the fraud foreclosures you pulled on this country.. WHY THE HELL IS THIS BANK STILL ALLOWED IN AMERICA ???? When will the investors finally have enough of these crooks ? When your flat broke?

Deutsche Bank Statement Regarding Settlement with Los Angeles City Attorney

NEW YORK--(BUSINESS WIRE)-- We are pleased that we could bring together the relevant parties to help facilitate a resolution of this matter for the City of Los Angeles. The settlement will be paid by the servicers responsible for the Los Angeles properties at issue and by the securitization trusts that hold the properties. As part of the resolution, the servicers will continue to work with the City to maintain these properties and Deutsche Bank (DB) as trustee will continue to intermediate between the City and the servicers.
Deutsche Bank is not contributing any funds toward the settlement. As we have said from the outset, loan servicers are responsible for maintaining foreclosed properties. Deutsche Bank did not admit any liability or wrongdoing as part of the settlement, and continues to dispute the claims asserted by the City.
The settlement is subject to court approval, but we believe this resolution is the best outcome for the City of Los Angeles, the securitization trusts and their investors.
Deutsche Bank AG

Lost is America

Last week, I detailed bombshell revelations from Bank of America whistle-blowers, in which former employees of the bank detailed systematic fraud and deceptive practices inside their loan modification department — including bonuses and Target gift cards for staff who racked up foreclosures.
Now, another new lawsuit, featuring a separate whistle-blower, contains additional remarkable revelations – and may shed light on Bank of America’s strategy in getting out from under the mountain of legal exposure and costs in which it now finds itself. Simply put, the bank seeks to pocket quick cash and evade practices set forth in major settlements – by cashing out of the subprime mortgage servicing business. The result would be to leave struggling homeowners back at square one, with even fewer protections to avoid foreclosure.
First, some background. Over the past year, non-bank servicers like Nationstar and Ocwen have been buying up servicing rights to millions of mortgages, gradually positioning themselves to become the biggest companies in the space. These non-bank servicers, which process monthly payments and deal with foreclosures but do not originate loans, have an asset not available to their big bank colleagues: They haven’t yet been officially caught scamming customers. Therefore, they are not a party to the various servicer settlements brought by state and federal regulators, and they need not submit to those settlement guidelines. This includes rules like establishing a single point of contact for borrowers, stopping foreclosure operations when a modification is in process (ending what is known as “dual track”) and facilitating proper payment processing.
All of this has come to a head in a class-action lawsuit filed by Leonard Law Office in Massachusetts against Green Tree Servicing, a non-bank servicer based in St. Paul, Minn. As detailed by an insider at Bank of America in a packet of documents, in January 2013, BofA sold servicing rights to 650,000 mortgages (worth $93 billion) to the parent company for Green Tree.
Like Nationstar and Ocwen, Green Tree is not part of any servicing settlements, nor do they have to abide by any guidelines set by those agreements, even though the loans they purchased were subject to those guidelines when they were in the hands of BofA. Moreover, as a non-bank servicer, Green Tree has traditionally had less stringent oversight from federal regulators, though the Consumer Financial Protection Bureau is fixing to change that.
Of course, servicers like Green Tree, Nationstar and Ocwen have terrible reputations as among the worst servicers in the country (worse than Bank of America, if you can imagine that). Among the charges Leonard Law Office made against Green Tree were claims that the servicer imposed illegal fees to process any kind of payment; failed to process mailed payments on time; harassed borrowers by calling them at all hours of the night and using abusive language to try to collect on debts; and delayed or denied timely modifications. These practices violate such federal laws as the Fair Debt Collection Practices Act, the Telephone Consumer Protections Act, and others. Complaints about Green Tree’s practices litter theInternet.
And some complaints have gone to court, like the case of a Florida widow who claimed that Green Tree debt collectors called her husband, as well as his co-workers and relatives, nine times a day about a mortgage debt. Nationstar and Ocwen have seen their share of complaints as well. One innovative Ocwen scam involves sending homeowners a check for $3.50, and claiming that cashing the check automatically enrolls the customer in an appliance insurance plan, which costs $54.95 a month.
Here’s where Bank of America comes in. According to a bank insider, this is part of a deliberate effort to flip the servicing rights for a quick buck and get out from under the scrutiny of the various settlements. “Brian Moynihan, Ron Sturzenegger and Tony Meola are well aware of the reputations of these servicers,” says the insider, referring to Bank of America’s CEO and two high-level executives. “Ron is a dealmaker, not an operations guy. He was brought in to sell the stuff.”
Sturzenegger runs Bank of America’s Legacy Asset Servicing Division, $1 trillion or so of the shakiest loans at the bank.  By selling off servicing rights, suddenly the bank doesn’t have to comply with settlement practices, nor do they have to increase staff for compliance purposes. So not only do they get some ready cash, they lower their labor costs.
Sturzenegger worked with Meola, the executive of Fulfillment Operations, to put together the “Bulk Transfer Program,” selling off these mostly delinquent loans to disreputable servicers like Green Tree and Nationstar (the more reputable ones didn’t want any part of them). But they only sold the “subservicing” rights. Non-bank servicers like Green Tree service the loans, but Bank of America held onto the so-called master servicing rights. This means that the bank still gets some of the profits from servicing the loans, and none of the responsibility to comply with settlements. Bank of America added a million-plus current loans to the mix of shakier loans to sweeten the pot for the subservicers.
In the most damning charge, the insider noted that, “It may mean that any modification currently in process with BAC (Bank of America) will not be recognized and the borrower will proceed into foreclosure.” This is almost certainly true, and it’s a very common practice. Servicers who purchase servicing rights are not obligated to follow through on prior agreements with homeowners on loan modifications that have not yet been made permanent. So the homeowner, who thought they were well on their way to saving their home, instead has to start all over with a new servicer.
Here’s one example from a former Bank of America customer in Puget Sound, Wash., whose switch to Green Tree voided his short sale and put him back in modification hell. Even if the borrower was getting special treatment because of a natural disaster like Hurricane Sandy, that treatment would be voided once the new subservicer entered the picture. The Fitch rating agency has recognized the danger of selling off distressed servicing rights to these non-bank operations, saying in a research note that “the growth and outsized scale of larger nonbank servicers may pose challenges to a potential orderly transfer of servicing.” Struggling homeowners will bear the brunt of these challenges.
Once Charles Giannotti, a friend of Bank of America CEO Brian Moynihan, found out that his servicing transferred to Nationstar, he emailed in a fit of rage. “Are you aware of the fact that your bank is turning its customers over to a processor that based on the complaints posted appears to not only lack basic competency but also poor customer service?” Giannotti fumed. This set off a flood of CYA emails within the bank from senior executives, responding to Moynihan’s queries about the scheme.
Regardless of how Bank of America resolves this situation, the damage to homeowners has already been done. Homeowners don’t get to choose their servicer – they just get passed around at the whim of big mortgage companies. And every time the servicing rights get transferred, they have to deal with a whole new set of practices. If they were fighting foreclosure at the time of the switch, then they have to start over, under typically disadvantageous circumstances. And that’s especially true when their new servicer sits outside the glare of strict oversight.
Bank of America’s reputation is already unsalvageable. But avoiding requirements they were forced to make to homeowners to compensate for an initial round of illegal practices, by selling the servicing rights off to fly-by-night organizations that specialize in abusing customers, just about takes the cake. And they’re profiting from it, too.

Lost is America  -- The banks found a way to hide and steal our homes and the SEC, FDIC, CFPB, US AG, OCC, are all hiding their heads in the sand..but wait for it......Wall Street will soon go belly up and where does that leave everyone than?

Lets save , Jeff Olson

 This is a travesty of Justice and it needs to end. Write to
People vs. Olson is case #M153987
Jan Goldsmith can be reached at 619-236-6220 or Tell them this  needs to end.

Remember how we bailed out Bank of America and they repaid our kindness by finding ways to deny loan modifications so that they could foreclose on homeowners? If you were disgusted and outraged by that, just wait — there’s more. In San Diego, Jeff Olson is facing up to 13 years in a California prison. His crime? Writing anti-Bank of America messages on the public sidewalk outside 3 Bank of America branches in San Diego — in chalk. Not spray paint, not gang-related graffiti, but easily washed away children’s chalk. The same kind we let our kids draw on the driveway with. And for this, Mr. Olson could theoretically spend the next 13 years of his life in a state prison with drug runners, child molesters and bank robbers — for simply drawing on a taxpayer-owned sidewalk with chalk that can be removed with water in no time at all.
This isn’t a case of a police officer catching someone in an actual act of vandalism, arresting them and taking them to jail. What this seems to be is a vendetta against Jeff Olson by Bank of America for his support of Occupy Wall Street and National Bank Transfer Day, where he stood outside his local BOA and encouraged people to move their money to a local credit union. Darell Freeman, who is a corporate security officer for BOA, hounded San Diego city officials until they agreed to file 13 misdemeanor charges of vandalism against Mr. Olson — almost 8 months AFTER the alleged acts of “vandalism” happened.
To make matters even more pathetic, yesterday Mr. Olson was hit with a gag order by San Diego Judge Howard Shore, and basically told to keep his mouth shut about the case. Not because Mr. Olson was saying anything that wasn’t true, but simply because the judge was “unhappy” with people learning the real details and real possible penalties involved. Give me a break. How about all the people who were devastated and left homeless thanks to Bank of America’s practices? Who cares about them, right?
What we have here is a disgusting example of a corporation giving marching orders to our government officials to prosecute an individual for actions on public property that they did not like. I know that the word “fascism” is used far too frequently and without merit, but this a perfect real-life example of what fascism actually is. Meanwhile, not one banking executive is in prison. They’re sitting comfortably in their mansions while the people they cheated are out in the streets. Mr. Olsen simply wrote messages critical of Bank of America and he’s possibly looking at spending years locked away because of it. And if he spends even one day in jail, it will be longer than all of the bankers who were responsible for willfully collapsing our economy.
There is an injustice here and there was at least one crime to investigate. First of all, how does a bank have the power to get a person charged with a “crime” that wasn’t even committed on their property? Could I get arrested for protesting Walmart’s labor practices while standing on a public sidewalk adjacent to one of their supercenters? Were there favors exchanged between Bank of America or their representative and the City Attorney in order to have these charges brought? Second, depriving someone of their liberty for up to 13 years for drawing mild anti-Bank of America messages is both asinine and extremely heavy-handed.

I hope this goes to trial by jury — it ought to be thrown out. Then, I hope Mr. Olson sues Bank of America and Darell Freeman for as much as a jury will give him. I’m sure BOA won’t have too many sympathizers there.People vs. Olson is case #M153987
Jan Goldsmith can be reached at 619-236-6220 or
Feel free to let them know how you feel about this abuse of power. While it’s unlikely Mr. Olson will actually be hit with a 13 year sentence, it’s a travesty of justice that we’re even forced to talk about this case at all.

The Rachel Maddow Fan Page.
 Whats worst is  this asshole walks free

Why There Will Be No Criminal Charges In The MF Global Case

criminal charges mf global
The collapse of Jon Corzine's brokerage firm MF Global has all the traits of your standard Wall Street scandal: Stupid things being admitted in panicked emails, wild risk-taking -- and absolutely nobody going to jail.
In the government case against MF Global, which went belly-up after dipping into customer money to pay creditors, there really seems to be little on which federal prosecutors can hang criminal charges. But a lack of charges will add to the government's sad track record of toothlessness since the financial crisis, and to the growing sense that personal accountability on Wall Street is rare.
A federal lawsuit details how the former major commodities brokerage got itself killed betting heavily on European sovereign debt. These bets were the handiwork of Jon Corzine, a former New Jersey governor and senator who was brought in to help restore the firm to profitability. Instead, the bets went bad in a hurry. Facing a cash crunch in October 2011, MF Global used some customer money for creditor payments, but quickly went bankrupt -- leaving more than $1 billion in customer money missing.
Even after the fiasco, a civil suit may be all the government can ever muster, the New York Times reported this week, citing anonymous law-enforcement sources. The Times' Ben Protess wrote:
After nearly two years of stitching together evidence, criminal investigators have concluded that porous risk controls at the firm, rather than fraud, allowed the customer money to disappear, according to the law enforcement officials with knowledge of the case.
To its credit, the Commodity Futures Trading Commission probably did the best it could to lay out an aggressive civil case against MF Global, former CEO Corzine and former executive Edith O'Brien. The now-defunct MF Global settled the suit immediately, promising never to be bad again and to pay $100 million in penalties if it has any cash left over after paying off creditors and customers.
Corzine and O'Brien are fighting the suit, which would have them give back their salaries and bonuses and pay penalties for their alleged sloppiness in overseeing $1 billion in customer money that went missing as the firm collapsed. The suit would also bar them from ever working on Wall Street again.
The question is whether the many, many dumb emails and recorded telephone calls presented as evidence in the CFTC's lawsuit demonstrate that either executive committed fraud. That is in the eye of the beholder.
Notre Dame law professor Jimmy Gurulé, a former Treasury official, said he thinks there could be enough to prove wire fraud and a conspiracy to commit fraud. Although MF Global apparently didn't intend to take money from clients, it did intend to borrow that money in a way that clients probably didn't expect: to keep itself alive.
"You could make the argument that there was a scheme to defraud the customers and to transfer their money for purposes they did not authorize, that they didn't consent to," Gurulé said.
On the other hand, the word "fraud" is never mentioned in the CFTC's complaint. An anonymous lawyer suggested to Reuters that there didn't seem to be much in the way of actual fraud in the case.
A spokeswoman for the U.S. Attorney's office in Manhattan declined to comment. Neither Corzine's attorney, Andrew Levander, nor O'Brien's attorney, Evan Barr, responded immediately to requests for comment. In a statement to the press on Thursday, Levander wrote, “After 20 months of thorough investigations by the Department of Justice, two bankruptcy trustees, and the CFTC, no evidence has been found that contradicts Mr. Corzine’s sworn testimony before Congress. Mr. Corzine did nothing wrong, and we look forward to vindicating him in court.”
The most damning evidence in the complaint against Corzine still seems too ambiguous as a hook for criminal charges. In this exchange in a recorded phone call printed in the legal complaint, Corzine seems to tell an employee to use client money to help the firm in a short-term borrowing market called the "tri-party repo" market:
Corzine: We have a money management account at Chase, if my memory serves me. Employee # 1: Yeah, it's the JP Morgan Trust account, but that's cash seg for clients. It has nothing to do with greasing our wheels for Chase to move.
Corzine: I understand, but you put it in a tri-party, and then once the securities have started moving, then you move it back to the, um-- this is the same thing we did last night, they left it in the tri-party, the seg money.
This exchange will probably not win Corzine any awards for customer care, but it is possible that Corzine did not think he was suggesting doing anything illegal with client money.
There is also the not-small problem that using limited amounts of client money for trading in some instances was actually permitted under CFTC rules at the time all this was happening, believe it or not. MF Global had a firm-wide policy not to mingle the money, but abandoned its principles when the going got rough. That made it risky and sloppy -- but not criminal.
O'Brien, the chattiest MF Global official when it came to discussing questionable things in email and phone calls, probably has immunity from prosecution "for now," the NYT reported. In her many recorded conversations, the line between "dumb" and "fraudulent" is pretty blurry.
In one instance, O'Brien emails the Bank of New York that it is totally legitimate, from a regulatory standpoint, to shift some client money into an MF Global account. She doesn't loop anybody else at MF Global into the email exchange because, as she tells a colleague in a recorded phone call, "I don't want to take anyone down with me." Hardly confidence-inspiring -- but you could also see it as evidence there was no conspiracy to defraud anybody.
In another phone call from the complaint that will go down in dumb Wall Street communication infamy, O'Brien bemoans just how irretrievable some "borrowed" client money has become. In the following quote, "seg problem" refers to a problem with having too much client money sucked away from segregated client accounts:
O'BRIEN: It is a total clusterf*ck .... They have to move half a billion dollars out of BONY to pay me back .... Tell me how much money is coming in and I will make sure it gets posted. But if you don't tell me, then tomorrow morning I am going to have a seg problem .... I need the money back from the broker-dealer I already gave them. I can't afford a seg problem.
Again, this doesn't look great. But it also doesn't necessarily look criminal. It could just be that O'Brien is frazzled dealing with a legally approved practice gone wild.
Given these many ambiguities, proving fraud beyond a reasonable doubt -- the standard in a criminal case, higher than in a civil case -- might be too high a hurdle for prosecutors.
So the Justice Department may have legitimate reasons for not prosecuting in this case. The problem is that it has lost all credibility after giving a free pass to so many banks and bankers after the financial crisis and the Libor scandal. The involvement of the politically connected Corzine does not help matters, and cynicism and distrust of Main Street toward Wall Street and Washington will only grow.


Friday, June 28, 2013

Illegal home foreclosures

PHOENIX - Thousands of Arizona families have lost their homes to illegal foreclosures.
Illegal foreclosures are based on forged, faked and phony documents.
According to Arizona Attorney General Tom Horne, “There’s been a major, really major effort to clean up that situation.”
But that's not what we found.
The ABC15 Investigators spoke to victims and their attorneys who say bogus documents are still being used to put people out of their homes right here in the Valley.
We wanted to know why laws that make it a crime to submit forged documents in court don’t apply to those who are using phony records to foreclose on Arizona families.
Gabriella Westfall has served her community as a police officer for more than 25 years.
She says she contacted Horne’s office when she discovered that forged documents were being used in an effort to throw her out of her home.
“I contacted the AG to say, ‘Look, I’m a victim,' but I have not heard from anybody in the attorney general’s office,” Westfall said.
Westfall said she faithfully paid her mortgage every month until the bank inexplicably raised her monthly payment and told her she needed a modification.
She could only get one if she defaulted.
Until then, bank records show she had never missed a payment.
But during the process the former detective says she discovered her lender was relying on a forged and fabricated document in an effort to foreclose on her home.
Westfall says she was shocked to find the now-infamous signature of Linda Green.
“I’m a victim of the system and a victim of fraud,” Westfall said.
Linda Green was, at one time, an employee of a mortgage document processing company called DocX.
Public documents show Linda Green’s name was forged on tens of thousands of foreclosure documents across the country.
Her name was signed as if she was a vice president of dozens of different banks.
According to public records, DocX ran a fake document mill set up to fabricate bogus records to be used in court to foreclose on families and push them out of their homes.
DocX, a publicly-traded subsidiary of a mortgage servicing company based in Florida called LPS, Lender Processing Services, is now defunct.
But the feds describe what they did as a “six-year scheme” to create and file more than a million fraudulently signed, forged and illegally notarized mortgage-related documents.
The phony documents were filed with property recorders’ offices throughout the United States and they paved the way for illegal foreclosures that cost millions of Americans their homes.
In February, LPS agreed to pay $35 million in criminal penalties and forfeiture, according to the United States Department of Justice .
They also had to pay $20 million to the U.S. Marshals Service and $15 million more to the U.S. Treasury.
Lorraine Brown, CEO of DocX, pleaded guilty to conspiracy to commit mail and wire fraud admitting to a leadership role in the scheme.
She also pleaded guilty to state criminal charges in Missouri and Michigan.
One month before the feds reached that settlement with LPS and that plea agreement in criminal court with Lorraine Brown, the company agreed to an even larger settlement with the attorneys general of 47 states and Washington, D.C .
The states, including Arizona, get $120.6 million from LPS to settle allegations that the company “robo-signed” and improperly handled mortgage documents for loan servicers in foreclosure cases across the country.
Arizona victims of illegal foreclosures are still waiting for just compensation.
Gabriella Westfall says being a victim of an illegal foreclosure has taken a heavy toll on her family.
She says she’s drained her savings, spending thousands of dollars on lawyers and court costs fighting to keep a roof over her their heads.
But that’s just the financial side.
Westfall says she and her daughters live with the constant fear of eviction.
“I think there was a group of people who got greedy and they found a way to make money and they stole from American citizens and that’s what I am angry about,” she told us.
Gabriella’s voice crackles with emotion when she talks about the anguish and the anger caused by the constant uncertainty her family has endured for the last several years.
“I can’t tell them day to day if we will get kicked out of the house. I don’t know if I’ll come home to an eviction notice on the door or not.”
Westfall says as a law enforcement officer, she cannot understand why the courts are letting lenders use forged documents -- and as a mother she cannot explain to her daughters why the laws don’t seem to apply equally to all.
The ABC15 Investigators sat down with Arizona Attorney General Tom Horne to find out.
We were surprised to hear Horne characterize the use of forged documents as a “shortcut."
“Maybe a document was signed, somebody signed

someone else’s name as a shortcut, but in the underlying transaction, there was no injustice,” Horne said.
Referring to the homeowner facing foreclosure, Horne said, “That person didn’t pay.”
The ABC15 Investigators pressed Horne on why the laws against forgery and fraud don’t seem to apply equally.
“If the homeowner is going to come in and fight their foreclosure and forge their own documents, they are going to jail," we said. "So I don’t think they are going to be so sympathetic to your argument that the underlying premise is that they still didn’t pay. Because many of these people did pay and they were still foreclosed on with fraudulent documents.”
Attorney General Horne replied, “Don’t misunderstand me. I’m not being sympathetic with fraudulent handling of documents. What I am explaining to you is that the fact that there is a fraudulent document may or may not mean that the foreclosure is wrongful.”
That answer didn’t sit well with attorneys we spoke to who have been fighting illegal foreclosures in court.
Dan McCauley says he represents homeowners who are clearly the victims of fraud.
He told us, “Every case I have taken, all of the cases I have reviewed, all of the documents are absolutely forged and fake and that needs to be addressed by the system.”
Beth Findsen is another one of the small handful of lawyers fighting for families victimized by illegal foreclosures.
She said, “Public records are a disaster area."
And she warned that the fraud she has seen could have ramifications for years to come.
McCauley added, “It throws everybody’s chain of title into question now. We don’t know who owns what.”
Gabriella Westfall is living through the legal nightmare the attorneys describe.
She says six different banks have appeared in court and in filings to claim they own her house.
“I don’t know who I am supposed to pay my mortgage to,” she explains, “because we don’t know who owns the mortgage”.
Westfall says government officials like Horne boast about the settlement funds they have collected to help victims of illegal foreclosures but they seem to be ignoring the fact that forged documents are still being used to foreclose on American families.
Westfall says the settlement funds were, “Earned on the backs of homeowners in Arizona.”
“The people that lost their houses who are out in the street -- I’m lucky I’m still in my home," Westfall said. "I’m probably one of the few people who still is. But those people are out of their homes, their credit is bad, they probably can’t even rent because they can’t get into an apartment complex because of their credit. They can’t buy another home ... and they are devastated.”
Last week Horne announced that, after a 16-month delay he blames on the state legislature, Arizona victims of illegal foreclosures will get help from $57 million in settlement funds he’s collected.
He promised to put $4 million aside to get legal help for the victims who are currently in court fighting to save their homes.
Horne told us it is too late to help people who have already been evicted as a result of illegal foreclosures.
Watch our original investigation focusing on why Arizona victims of illegal foreclosures have yet to get a dime in compensation.
Watch both stories we did two days later when the Arizona Attorney General announced his plan to help the victims and his critics said it was too little too late.


Gotta love Bank of America -NOT

Bank of America Corp. opened a unit in India to review home-valuation reports as it seeks to rebuild share in U.S. mortgages at a lower cost, said four people with knowledge of the move.
Workers in the new Bangalore office follow checklists to determine if appraisals are complete, said the people, who requested anonymity because they weren’t authorized to comment. The firm also eliminated jobs of licensed U.S. workers in its LandSafe business, the appraisal division of the Charlotte, North Carolina-based company, which made $78.7 billion in loans last year, the people said.
Bank of America Corp. has paid the most of any U.S. lender to put the housing mess behind it, spending more than $45 billion to resolve claims from shoddy loans and foreclosures after buying Countrywide for $2.5 billion in 2008. Photographer: Davis Turner/Bloomberg
“One of the biggest problems in the mortgage business is all the paperwork involved, and how do you engineer it to reduce the bottlenecks,” said Bert Ely, an independent banking consultant in Alexandria, Virginia. “With offshoring, the potential for problems is always there, but it’s hard to be critical for trying to minimize costs.”
Lenders around the world have vowed to boost revenue and curb spending to make up for sluggish loan growth and new regulations. Bank of America, which spent more than $45 billion to settle disputes tied to defective mortgages and foreclosures, is among the most aggressive cost-cutters with Chief Executive Officer Brian T. Moynihan planning to save $8 billion a year. The firm slipped from being the biggest U.S. mortgage lender in 2008 to fourth last year.
Other firms have added staff in lower-cost cities. Goldman Sachs Group Inc., the New York-based investment bank, saw headcount in places including Bangalore and Salt Lake City almost double since 2007 to 22 percent of employees, CEO Lloyd Blankfein said in November. Barclays Plc (BARC) said today it planned to move 4,000 more jobs overseas and to lower cost locations by 2015 to save as much as 250 million pounds ($381 million).

Staff Cuts

LandSafe has more than 2,000 associates in the U.S., according to the Plano, Texas-based firm’s website. In addition to appraisals tied to new home loans, it also conducts valuations on Bank of America’s portfolio of delinquent loans, of which the company had 667,000 on March 31. In February, the lender cut about 5 percent of LandSafe employees, saying they weren’t needed as overdue loans fell.
Licensed reviewers, who check the accuracy of appraisal valuations and can earn more than $100,000 a year, were among those who lost their jobs, the people said.
Bank of America’s program prevents paperwork errors from delaying loan applications, said Terry Francisco, a spokesman for the second-biggest lender by assets. The overseas completeness checks, begun in August, don’t replace in-depth reviews done by licensed U.S. staff, he said.

Overall Consideration

“The overall consideration isn’t necessarily cost, although cost can be an element,” Francisco said. “What we’re looking for is if there are patterns in certain areas where it looks like the reviews aren’t necessarily needed anymore.”
The U.S.-based reviewers, who typically had at least five years of experience as appraisers, are required to confirm accuracy by doing independent assessments that conform to industry standards, the people said. The checklists in India cover 17 items such as whether the appraiser remembered to sign the report and include photographs of rooms, according to a copy obtained by Bloomberg.
Relying more on checklists may increase the odds of defective reports going undetected, said Karen Mann, a Discovery Bay, California-based appraiser who testified for the Financial Crisis Inquiry Commission’s 2011 report. The FCIC examined the causes of the housing bubble and subsequent 2008 credit crunch.

Knowing Shortcuts

“Experienced, licensed appraisers know the shortcuts people take, so those reviewers can be invaluable,” Mann said. “With the checkboxes, they’re looking for things that don’t really have anything to do with values.”
LandSafe workers complained last year about the decline in review work and its impact on their pay and job security, said a person with direct knowledge of the internal discussions. In response, LandSafe executive Tracy Sanderson said management couldn’t increase the number of reviews because of the expense, the person said. Sanderson didn’t return calls seeking comment.
Bank of America was forced to pay the most of any U.S. lender to put the housing mess behind it after Moynihan’s processor Kenneth D. Lewis bought Countrywide Financial Corp. in 2008. The firm has finished paying the “lion’s share” of costs tied to faulty mortgages, Moynihan said in March.
Under Moynihan, 53, the firm pulled back as it struggled to fend off regulators and lawsuits. The company made $78.7 billion in home loans last year, or about 4 percent of the market, compared with $315 billion in 2008, when it had more than 20 percent, according to newsletter Inside Mortgage Finance.

Building Back

“We’ve been building that back up, and expect to be in the 5 percent area as we exit the second quarter,” Chief Financial Officer Bruce Thompson told analysts on June 11, adding that he expected market share would continue to rise. San Francisco-based Wells Fargo & Co. (WFC) is ranked first, creating almost 1 in 3 U.S. mortgages last year.
Lenders are under pressure to reduce costs because demand for refinancings, the biggest source of volume for the firms, is falling amid surging mortgage rates. The average rate for a 30-year fixed loan rose to 4.46 percent from 3.93 percent, the biggest one-week increase since 1987, McLean, Virginia-based Freddie Mac said yesterday in a statement.
Bank of America, which doesn’t disclose how many workers are outside the U.S., had 262,812 employees as of March 30, or 5.7 percent fewer than a year earlier. Its shares fell 1.2 percent at 4:15 p.m. in New York to $12.86 paring the gain in the past 12 months to 66 percent. The bank has plunged from a closing high of $54.90 in 2006.


Don't Call It A Housing Recovery Yet

Former FDIC Chair: Don't Call It A Housing Recovery Yet

Most economists say the . But one banking expert who grappled with the colossal housing bust during the Great Recession says it's too soon to celebrate.
Despite a recent upturn in sales and prices, "the housing market is still very weak," said Sheila Bair, who headed the Federal Deposit Insurance Corp. from 2006 to 2011. Bair, speaking at a Washington "economic summit" organized by The Atlantic magazine, warned homeowners that "we need more experience and data to know if it's really turned around."
Bair said lenders may be sitting on huge numbers of foreclosed upon houses that have been held back from the market. As housing prices start to perk up, that hidden inventory may come flooding into the market - and pushing prices back down, she said.
Moreover, millions of homeowners are "under water," i.e., they still owe more on mortgages than they could get by selling their homes. As soon as they can sell at prices high enough to pay off old loans, they'll put their properties on the market— and again drive down prices, she said.
And there could be another worry: prices for all sorts of assets may already be too high now because interest rates have been held too low for too long by the Federal Reserve, she said.
The Fed policy makers have had good intentions, but their low-interest-rate efforts have not revived the economy.
"We are not getting new lending and new jobs out of this," Bair said. However, we do have "the risk of asset bubbles developing... well, they've already developed," she said.

Shadow banking is back and is now Hedge Funds

As banks abandon debt trading, hedge funds that bet on bonds and loans are pulling in money from investors and hiring traders. Debt-focused hedge funds drew $41.4 billion from pension plans, wealthy individuals, and other investors in 2012, the most since 2007, according to data from Hedge Fund Research. They managed a total of $639.7 billion as of March 31, HFR data show, surpassing stock-trading hedge funds, with $638.7 billion.
Regulators are demanding that banks curb proprietary trading—betting with their own money—and hold more capital to back riskier investments. That’s allowed hedge funds to expand in businesses the banks are leaving, including distressed-debt trading and fixed-income arbitrage, a strategy that seeks to exploit short-term price differentials. “Hedge funds are playing in asset classes where they previously hadn’t played,” says Jason Rosiak, head of portfolio management at Pacific Asset Management.

Hedge funds specializing in debt trading are still minnows compared with Wall Street’s largest houses. BlueCrest Capital Management, Pine River Capital Management, and Millennium Management, three of the fastest-growing funds, have combined assets of about $67.6 billion, according to people with knowledge of the matter who asked not to be identified because the information is private. JPMorgan Chase’s (JPM) corporate and investment bank had an average of $413.4 billion in assets designated for trading in the first quarter.
Still, the hedge funds are growing rapidly, luring bankers from JPMorgan, Deutsche Bank (DB), Barclays (BCS), Bank of America (BAC), and others. BlueCrest doubled its New York staff in the two years through December, while Pine River increased its global workforce by a third in 2012. Millennium expanded its staff by 32 percent, to 1,250 people, last year. James Staley, the JPMorgan executive who was once seen as a candidate to run the company, quit in January to join $13.6 billion hedge fund firm BlueMountain Capital Management. “There’s a continuous brain drain on Wall Street,” says Rosiak.
One reason for banks’ retreat is the 2010 Dodd-Frank Act’s Volcker Rule, which seeks to curb proprietary trading. While the Volcker Rule hasn’t taken effect because regulators are still working out the details, some banks have closed proprietary trading desks.
Hedge funds, which are considered part of the less regulated “shadow-banking” system, are not subject to the rule. The idea behind regulators’ push to move debt trading from banks to hedge funds is to transfer the risk “into relatively small repositories that will be relatively insignificant if they fail,” says Roy Smith, a finance professor at New York University’s Stern School of Business. “The regulatory posture in the U.S. and in Europe is unequivocal. They want to transfer risk to the shadow-banking system.”
Yet moving risk to hedge funds does not make it go away. In 1998 hedge fund Long-Term Capital Management lost more than $4 billion after a debt default by Russia, mostly as a result of a fixed-income arbitrage strategy. The Federal Reserve was so concerned about the impact that it arranged a bailout paid for by banks. “If the hedge fund firms fail,” says Smith, “the real question is, to what degree will the market suffer from it?”

Thursday, June 27, 2013

Tuesday, June 25, 2013

On Too Big to Fail, All the Warning Lights Are Flashing Red

"Too Big to Fail" banks played a key role in causing the last financial crisis. Since then they've grown even bigger, without much discouragement from the government (and in some cases with government support). Not a single executive has been prosecuted, despite their rampant lawbreaking, which means that there's been no effective deterrent against reckless and illegal behavior.
And, with millions still unemployed and hundreds of millions still suffering the economic after-effects of the last crisis, we're just about due for the next one.  That's why we convened a panel at last weekend's Netroots Nation conference titled "Stopping the Next Depression: Ending Too Big to Fail."  And that's why our first question was, "What would happen if the 40 million people who live in underwater American homes went on a mortgage strike?"
The panelists included Sen. Jeff Merkley, D-OR; Phil Angelides, former California State Treasurer, gubernatorial candidate, and Chair of the Financial Crisis Inquiry Commission; author Robert Kuttner (Debtors' Prison); and professor/author Anat Admati (The Bankers' New Clothes).
Here are some of the key points we addressed:
The jobs crisis created by the 2008 crisis is much deeper and long-lasting than that caused by any recession since the Great Depression of the 1980s. (See Figure 1, below.)
The total economic loss from 2008 crisis is roughly the same as that we experienced during the Great Depression, but stretched out over a longer period of time. (See "The Long Depression.")
Without proper regulatory protections, we're  likely to see recessions re-occurring every five to seven, or seven to ten, years. JPMorgan Chase CEO Jamie Dimon even bragged about it, saying in 2010:
"It's not a surprise that we know we have crises every five or 10 years. My daughter came home from school one day and said, 'Daddy, what's a financial crisis?' And without trying to be funny, I said, 'it's the type of thing that happens every five, 10, seven, years.' And she said: 'Why is everybody so surprised?'"
Dimon later said, "This bank is anti-fragile. We actually benefit from downturns." In other words, misery is their business model.
Recessionary cycles have more or less tended to follow the "Dimon's daughter" pattern during periods of regulatory underenforcement, which is what we have now.  That means the next recession could come along at any time. With mega-banks even bigger than they were before, and with so much economic damage and fragility left over from the last crisis, the next recession could lead to a major worldwide depression.
The financial sector had exploded in size before the last crisis, sucking all the oxygen out of the economy by diverting profits into nonproductive financial speculation.  (See Figure 2, below.) After the 2008 crisis it promptly began expanding again.  And Too Big to Fail became an even bigger problem: Assets at the top five U.S. banks now exceed half the Gross Domestic Product of the entire country, up from 42 percent. (See Figure 3.) That growth was spurred in part by mergers conducted with the government's approval -- or even at its insistence.
There is still an enormous amount of outstanding derivatives risk, and markets for several over-the-counter (OTC) securities are even more concentrated than they were before the 2008 crisis. (Slides that cover those last two points, and several of those which follow, are included in the PowerPoint presentation embedded at the bottom of this post.)
The bankers who inflated the real estate market in the run-up to the crisis are up to their old tricks, using their old tools.  Dead economic ideas have risen from the grave to threaten us again, thanks in large part to the systemically corrupt relationship between money and political power.
What's Washington doing about it? Republicans are working feverishly to neutralize the already-weak Dodd/Frank reform act, while the Obama Justice Department's shameful lack of prosecutions has given bankers free rein to continue defrauding customers (see David Dayen's piece on Bank of America) and laying the groundwork for future economic disasters.
We ran out of time for questions during the panel, in part because we on the panel talked for a long time. It was exacerbated by a couple longish questions, including one which I thought haranguing Sen. Merkley a little unfairly.
(As an aside, "Q&A time" at these events is always heavier on the "A" than the "Q."  Occasionally a questioner may act as if they were on some inverted version of Jeopardy!, where "your questions must be phrased in the form of an answer" rather than vice versa. You know what I mean...)
Here are the questions I would've liked to ask the panel, if we had found the time:
Why are bankers treated as economic experts? Reporters and politicians are still asking their opinions, which encourages them to engage in self-serving political stunts like "Fix the Debt." It's like going to the captain of the Exxon Valdez for advice on navigation. They shouldn't even be treated as banking experts, much less as economic ones.
How do we explain to the public that top bankers are actually quite unimpressive and have underperformed both managerially and economically?
How do we educate decision-makers and influence leaders? Anat Admati and her co-author wrote in The Bankers' New Clothes: "In trying to engage with policymakers and others on the issues, we discovered that many of them had no interest in engaging in the issues - not because of what they knew or did not know but because of what they wanted to know."
Or, I would assume, what they wanted not to know.  How do we address this problem among a) economists, b) politicians, and c) journalists and pundits?
Can the Fed do more? Should it step outside its traditional role to do so?
If you could tell the average American one thing she or he doesn't know about America's big banks, what would it be?
What is one government response to the financial crisis which you simply -- and naively -- assumed would be done and hasn't been done?
How great a danger does shadow banking pose?  How can it be controlled?
What's the right amount of allowable leverage?
How can we generate a shift in general or cultural perception, so that people understand we don't have to submit to unjust banking behavior or tolerate too-big-to-fail banks? And, in a related question:
How can we implement a "culture of shame" against bankers behaving badly?
I'm sure you'll have some questions of your own after watching the video. Here are some figures, pulled from my slide presentation (which is at the bottom of this page).
Figure 1: Jobs lost since onset of recession

Figure 2: Growth in financial sector

Figure 3: Bank size as percent of GDP

Its coming and no one is watching again2013-06-25-assets.JPG

Monday, June 24, 2013

Ocwen Financial Corporation, Inc.


  • $1.84B Bailout

    Apr. 16, 2009 Incentive Payments for Home Loan Modification

    Investment cap reflects adjustment made on Aug. 16, 2012.
    More info from
    $347M has actually been disbursed.
    Dec. 31, 2012: $347M
    Subsidy as of December 2012: Borrower: $62,912,378; Investor: $166,083,615; Servicer: $118,131,642

    How special you and others like PennyMac the Good ole Boys of Country wide  , take out tax dollars and abuse us again and to top it off , you don't pay a dime back! Are you dumb ass investors paying attention yet??????????????

Where is the money you owe- Its my taxes!

Bailout Recipients

Last update: Jun. 17, 2013
We're tracking where taxpayer money has gone in the ongoing bailout of the financial system. Our database accounts for both the broader $700 billion bill and the separate bailout of Fannie Mae and Freddie Mac.
For each entity, we provide a “Net Outstanding” amount, which shows how deep taxpayers are in the hole after accounting for any revenue the government has received (usually through interest or dividends).
Companies that failed to repay the government and resulted in a loss are shaded red. You can see a list of those investments here. All other investments either returned a profit to the government or might still be repaid. Recipients of aid through TARP’s housing programs (such as mortgage servicers and state housing orgs) received subsidies that were never intended to be repaid, so we don’t mark those as losses..
Note: Subsidies are listed separately from the investment programs. So, for instance, Bank of America is listed twice – both as a mortgage servicer and as a bank.
Want just the numbers all in one place? See the detailed view here.
Total disbursement
Total returned
Total revenues from dividends, interest, and other fees
Total net to date
Name Type State Total Disbursed Profit /
Net Outstanding
Fannie Mae Government-Sponsored Enterprise D.C. $116,149,000,000 -$80,536,000,000
Freddie Mac Government-Sponsored Enterprise Va. $71,336,000,000 -$41,755,000,000
Received other federal aid. Click to see details.
Insurance Company N.Y. $67,835,000,000 $5,025,967,492
General Motors Auto Company Mich. $50,744,648,329 -$19,017,132,934
Bank of America
Received other federal aid. Click to see details.
Bank N.C. $45,000,000,000 $4,566,857,694
Received other federal aid. Click to see details.
Bank N.Y. $45,000,000,000 $13,431,459,205
JPMorgan Chase Bank N.Y. $25,000,000,000 $1,731,202,357
Wells Fargo Bank Calif. $25,000,000,000 $2,281,347,113
GMAC (now Ally Financial) Financial Services Company Mich. $16,290,000,000 -$10,484,903,118
Chrysler Auto Company Mich. $10,748,284,222 -$1,315,061,737
Goldman Sachs Bank N.Y. $10,000,000,000 $1,418,055,555
Morgan Stanley Bank N.Y. $10,000,000,000 $1,268,055,555
PNC Financial Services Bank Pa. $7,579,200,000 $741,344,650
U.S. Bancorp Bank Minn. $6,599,000,000 $334,220,416
SunTrust Bank Ga. $4,850,000,000 $527,323,605
Capital One Financial Corp. Bank Va. $3,555,199,000 $251,674,702
Regions Financial Corp. Bank Ala. $3,500,000,000 $638,055,555
Wellington Management Legacy Securities PPIF Master Fund, LP Investment Fund Del. $3,448,461,000 $712,338,090
Fifth Third Bancorp Bank Ohio $3,408,000,000 $593,372,603
Hartford Financial Services Insurance Company Conn. $3,400,000,000 $814,403,447
American Express Financial Services Company N.Y. $3,388,890,000 $414,367,308
AG GECC PPIF Master Fund, L.P. Investment Fund Del. $3,352,197,510 $923,415,035
AllianceBernstein Legacy Securities Master Fund, L.P. Investment Fund Del. $3,192,141,738 $562,685,880
BB&T Bank N.C. $3,133,640,000 $159,713,918
Bank of New York Mellon Bank N.Y. $3,000,000,000 $231,416,666
KeyCorp Bank Ohio $2,500,000,000 $367,222,222
CIT Group Bank N.Y. $2,330,000,000 -$2,286,312,500
Comerica Incorporated Bank Texas $2,250,000,000 $322,039,543
State Street Bank Mass. $2,000,000,000 $123,611,111
RLJ Western Asset Public/Private Master Fund, L.P. Investment Fund Del. $1,861,578,258 $471,265,784
Invesco Legacy Securities Master Fund, L.P. Investment Fund Del. $1,742,880,000 $576,872,890
Marshall & Ilsley Bank Wis. $1,715,000,000 $229,772,916
Oaktree PPIP Fund, L.P. Investment Fund Del. $1,666,904,633 $139,538,543
Blackrock PPIF, L.P. Investment Fund Del. $1,581,184,800 $435,456,955
Northern Trust Bank Ill. $1,576,000,000 $133,623,333
Chrysler Financial Services Financial Services Company Mich. $1,500,000,000 $22,405,894
Marathon Legacy Securities Public-Private Investment Partnership, L.P. Investment Fund Del. $1,423,550,000 $358,390,490
Zions Bancorp Bank Utah $1,400,000,000 $253,361,111
Huntington Bancshares Bank Ohio $1,398,071,000 $196,285,810
Discover Financial Services Financial Services Company Ill. $1,224,558,000 $239,690,844
Synovus Financial Corp. Bank Ga. $967,870,000 -$778,866,498
Lincoln National Corporation Insurance Company Pa. $950,000,000 $259,851,873
Popular, Inc. Bank Puerto Rico $935,000,000 -$750,453,473
JPMorgan Chase subsidiaries Mortgage Servicer N.J. $905,048,677 -$905,048,677
First Horizon National Bank Tenn. $866,540,000 $170,927,405
Bank of America subsidiaries (incl. Countrywide) Mortgage Servicer Calif. $860,215,799 -$860,215,799
Wells Fargo Bank, NA Mortgage Servicer Iowa $664,822,532 -$664,822,532
M&T Bank Corporation Bank N.Y. $600,000,000 $135,435,911
Associated Banc-Corp Bank Wis. $525,000,000 $71,539,173
CalHFA Mortgage Assistance Corporation State Housing Orgs Calif. $467,490,000 -$467,490,000
First BanCorp Bank Puerto Rico $424,174,000 -$391,174,614
City National Bank Calif. $400,000,000 $41,916,666
Webster Financial Bank Conn. $400,000,000 $57,083,286
Fulton Financial Corp Bank Pa. $376,500,000 $40,135,625
SBA Security Purchases SBA Security Purchases $368,145,452 $8,602,850
TCF Financial Bank Minn. $361,172,000 $17,375,699
UST/TCW Senior Mortgage Securities Fund, L.P. Investment Fund Del. $356,250,000 $20,986,495
Ocwen Financial Corporation, Inc. Mortgage Servicer Fla. $347,127,635 -$347,127,635
South Financial Group Bank S.C. $347,000,000 -$200,034,670
Wilmington Trust Corporation Bank Del. $330,000,000 $39,920,833
East West Bancorp, Inc. Bank Calif. $306,546,000 $46,176,420
Sterling Financial Corp Bank Wash. $303,000,000 -$182,103,586
Citizens Republic Bancorp Bank Mich. $300,000,000 $13,875,000
Susquehanna Bancshares Bank Pa. $300,000,000 $28,991,401
Valley National Bank N.J. $300,000,000 $18,400,781
Whitney Holding Corp Bank La. $300,000,000 $43,733,333
UCBH Holdings Bank Calif. $298,737,000 -$291,227,080
First Banks, Inc. Bank Mo. $295,400,000 -$289,362,763
CitiMortgage, Inc. Mortgage Servicer Mo. $293,822,431 -$293,822,431
GM Supplier Receivables, LLC Auto Company $290,000,000 $65,403,673
New York Private Bank & Trust Corp Bank N.Y. $267,274,000 -$211,193,129
Flagstar Bancorp Bank Mich. $266,657,000 $11,204,056
Cathay General Bancorp Bank Calif. $258,000,000 -$78,116,667
Homeward Residential, Inc. Mortgage Servicer Texas $255,899,090 -$255,899,090
Wintrust Financial Corp Bank Ill. $250,000,000 $50,704,730
PrivateBancorp Bank Ill. $243,815,000 $46,737,136
SVB Financial Group Bank Calif. $235,000,000 $18,929,027
OneWest Bank Mortgage Servicer Calif. $220,730,985 -$220,730,985
Select Portfolio Servicing Mortgage Servicer Utah $216,184,948 -$216,184,948
International Bancshares Corporation Bank Texas $216,000,000 $45,538,650
Trustmark Corp Bank Miss. $215,000,000 $21,287,500
Umpqua Bank Ore. $214,181,000 $17,975,554
GMAC Mortgage, Inc. Mortgage Servicer Pa. $211,331,525 -$211,331,525
Washington Federal Inc. Bank Wash. $200,000,000 $20,749,985
MB Financial Bank Ill. $196,000,000 $33,613,071
Pacific Capital Bancorp Bank Calif. $195,045,000 -$26,561,211
First Midwest Bancorp Bank Ill. $193,000,000 $29,528,332
First Niagara Bank N.Y. $184,011,000 $7,453,618
United Community Banks Bank Ga. $180,000,000 $27,042,927
North Carolina Housing Finance Agency State Housing Orgs N.C. $173,000,000 -$173,000,000
Ohio Homeowner Assistance LLC State Housing Orgs Ohio $169,100,000 -$169,100,000
Illinois Housing Development Authority State Housing Orgs Ill. $160,000,000 -$160,000,000
Boston Private Financial Holdings Bank Mass. $154,000,000 $17,224,745
Provident Bankshares Corp. Bank Md. $151,500,000 $30,556,363
National Penn Bancshares Bank Pa. $150,000,000 $17,958,333
Dickinson Financial Corp II Bank Mo. $146,053,000 -$58,593,142
Western Alliance Bancorporation Bank Nev. $140,000,000 $20,365,000
Central Pacific Financial Corp Bank Hawaii $135,000,000 -$59,963,109
CVB Financial Bank Calif. $130,000,000 $6,046,583
Sterling Bancshares Bank Texas $125,198,000 $5,344,485
FirstMerit Corp Bank Ohio $125,000,000 $6,813,194
Banner Corp Bank Wash. $124,000,000 $5,079,862
Chrysler Receivables SPV LLC Auto Company $123,076,735 $49,671,126
Signature Bank Bank N.Y. $120,000,000 $12,967,606
Florida Housing Finance Corporation State Housing Orgs Fla. $116,250,000 -$116,250,000
First Merchants Corp Bank Ind. $116,000,000 $15,383,055
1st Source Corp Bank Ind. $111,000,000 $14,479,999
Anchor BanCorp Wisconsin Bank Wis. $110,000,000 -$110,000,000
WTB Financial Corp Bank Wash. $110,000,000 $21,236,874
S&T Bancorp Bank Pa. $108,676,000 $16,240,099
Oregon Affordable Housing Assistance Corporation State Housing Orgs Ore. $107,501,070 -$107,501,070
Taylor Capital Bank Ill. $104,823,000 $16,022,174
Saxon Mortgage Services, Inc. Mortgage Servicer Texas $100,809,988 -$100,809,988
F.N.B. Corporation Bank Pa. $100,000,000 $4,023,433
First Busey Corporation Bank Ill. $100,000,000 $12,410,898
Old National Bancorp Bank Ind. $100,000,000 $2,713,888
Park National Corporation Bank Ohio $100,000,000 $19,536,844
TALF LLC TALF Del. $100,000,000 $417,409,662
Pinnacle Financial Bank Tenn. $95,000,000 $16,918,194
Union First Market Bankshares Corporation Bank Va. $92,900,000 $10,080,832
Nationstar Mortgage LLC Mortgage Servicer Texas $90,954,198 -$90,954,198
IBERIABANK Corp Bank La. $90,000,000 $2,650,000
Midwest Banc Holdings Bank Ill. $89,388,000 -$88,563,712
Sun Bancorp Bank N.J. $89,310,000 $3,203,970
Plains Capital Corp Bank Texas $87,631,000 $17,621,941
Aurora Loan Services, LLC Mortgage Servicer Colo. $85,863,518 -$85,863,518
Westamerica Bancorporation Bank Calif. $83,726,000 $3,634,236
Integra Bank Corporation Bank Ind. $83,586,000 -$81,635,660
Sandy Spring Bancorp Bank Md. $83,094,000 $12,043,869
Heartland Financial USA Bank Iowa $81,698,000 $12,988,086
BancPlus Corporation Bank Miss. $80,914,000 -$70,863,261
Hampton Roads Bankshares Bank Va. $80,347,000 -$77,836,156
First Financial Bancorp Bank Ohio $80,000,000 $7,644,065
Michigan Homeowner Assistance Nonprofit Housing Corporation State Housing Orgs Mich. $79,227,615 -$79,227,615
Independent Bank Corp Bank Mass. $78,158,000 $3,318,093
New Jersey Housing and Mortgage Finance Agency State Housing Orgs N.J. $77,513,704 -$77,513,704
Columbia Banking System Bank Wash. $76,898,000 $9,923,419
TowneBank Bank Va. $76,458,000 $12,119,166
Litton Loan Servicing LP Mortgage Servicer Texas $76,324,760 -$76,324,760
Bank of the Ozarks Bank Ark. $75,000,000 $6,004,166
Texas Capital Bancshares Bank Texas $75,000,000 $7,777,816
WesBanco Bank W.Va. $75,000,000 $3,804,166
Metropolitan Bank Group Bank Ill. $74,706,000 -$71,251,816
Independent Bank Corporation Bank Mich. $74,426,000 -$71,996,000
Old Second Bancorp Bank Ill. $73,000,000 -$41,576,763
First Place Financial Corp Bank Ohio $72,927,000 -$65,917,905
Green Bankshares Bank Tenn. $72,278,000 $2,364,857
Virginia Commerce Bancorp Bank Va. $71,000,000 $14,190,139
Alpine Banks of Colorado Bank Colo. $70,000,000 $3,129,161
Flushing Financial Corp Bank N.Y. $70,000,000 $3,904,166
Southwest Bancorp Bank Okla. $70,000,000 $15,247,569
SC Housing Corp State Housing Orgs S.C. $70,000,000 -$70,000,000
Superior Bancorp Bank Ala. $69,000,000 -$64,016,667
Nara Bancorp Bank Calif. $67,000,000 $14,249,316
First Bancorp Bank N.C. $65,000,000 $9,518,906
First Financial Holdings Bank S.C. $65,000,000 $3,141,972
SCBT Financial Corp Bank S.C. $64,779,000 $2,515,638
CoBiz Financial Bank Colo. $64,450,000 $8,907,086
Wilshire Bancorp Bank Calif. $62,158,000 $6,651,170
Standard Bancshares Bank Ill. $60,000,000 $9,730,750
Lakeland Bancorp Bank N.J. $59,000,000 $9,260,833
Great Southern Bancorp Bank Mo. $58,000,000 $14,274,419
Liberty Bancshares Bank Ark. $57,500,000 $10,691,967
MainSource Financial Group Bank Ind. $57,000,000 $5,949,121
Lakeland Financial Corporation Bank Ind. $56,044,000 $4,473,713
Center Financial Corp Bank Calif. $55,000,000 $9,739,583
Community Bancshares of Mississippi, Inc. Bank Miss. $54,600,000 -$46,700,768
Nevada Affordable Housing Assistance Corporation State Housing Orgs Nev. $54,042,000 -$54,042,000
WSFS Financial Bank Del. $52,625,000 $5,015,859
NewBridge Bancorp Bank N.C. $52,372,000 $16,522,027
Ameris Bancorp Bank Ga. $52,000,000 $7,637,438
FNB United Corp Bank N.C. $51,500,000 -$48,910,695
U.S. Century Bank Bank Fla. $50,236,000 -$49,490,689
BancTrust Financial Group Bank Ala. $50,000,000 $7,903,888
Home BancShares, Inc. Bank Ark. $50,000,000 $7,480,555
Seacoast Banking Corp Bank Fla. $50,000,000 -$954,530
State Bankshares Bank N.D. $50,000,000 $8,008,472
First South Bancorp, Inc. Bank Tenn. $50,000,000 $15,432,452
First American Bank Corporation Bank Ill. $50,000,000 $15,558,531
FHA Refinance Program Fund FHA Refinance Fund $50,000,000 -$50,000,000
Yadkin Valley Financial Corp Bank N.C. $49,312,000 $3,071,419
Fidelity Southern Corp Bank Ga. $48,200,000 $3,086,668
Arizona (Home) Foreclosure Prevention Funding Corporation State Housing Orgs Ariz. $47,755,000 -$47,755,000
Tennessee Housing Development Agency State Housing Orgs Tenn. $45,315,593 -$45,315,593
The Bancorp Bank Del. $45,220,000 $7,410,660
MetroCorp Bancshares Bank Texas $45,000,000 $7,837,096
U.S. Bank National Association Mortgage Servicer Ky. $44,668,148 -$44,668,148
Cadence Financial Corp Bank Miss. $44,000,000 -$2,015,937
Kentucky Housing Corporation State Housing Orgs Ky. $44,000,000 -$44,000,000
Exchange Bank Bank Calif. $43,000,000 $4,294,527
Southern Community Financial Bank N.C. $42,750,000 $8,338,046
Sterling Bancorp Bank N.Y. $42,000,000 $5,869,108
First Community Bancshares Bank Va. $41,500,000 $1,339,002
PremierWest Bancorp Bank Ore. $41,400,000 $1,046,500
Capital Bank Bank N.C. $41,279,000 $3,973,104
Berkshire Hills Bancorp Bank Mass. $40,000,000 $1,961,130
Heritage Commerce Corp Bank Calif. $40,000,000 $6,901,266
Reliance Bancshares Bank Mo. $40,000,000 -$36,172,889
Peoples Bancorp Inc. Bank Ohio $39,000,000 $5,701,557
Rhode Island Housing and Mortgage Finance Corporation State Housing Orgs R.I. $39,000,000 -$39,000,000
Cascade Financial Corp Bank Wash. $38,970,000 -$21,291,100
OceanFirst Financial Corp Bank N.J. $38,263,000 $2,258,918
QCR Holdings Bank Ill. $38,237,000 $6,049,569
Eagle Bancorp Bank Md. $38,235,000 $6,612,155
GHFA Affordable Housing, Inc. State Housing Orgs Ga. $38,200,000 -$38,200,000
Bridgeview Bancorp Bank Ill. $38,000,000 -$35,606,845
Financial Institutions Bank N.Y. $37,515,000 $6,258,719
First Defiance Financial Corp Bank Ohio $37,000,000 $4,631,006
TIB Financial Corp Bank Fla. $37,000,000 -$23,555,641
Carrington Mortgage Services, LLC Mortgage Servicer Calif. $36,954,105 -$36,954,105
State Bancorp Bank N.Y. $36,842,000 $5,572,352
Fidelity Financial Corp Bank Kan. $36,282,000 $4,684,780
West Bancorporation Bank Iowa $36,000,000 $5,195,000
Trinity Capital Corporation Bank N.M. $35,539,000 -$894,525
Marquette National Corp Bank Ill. $35,500,000 -$1,664,053
Enterprise Financial Services Corp Bank Mo. $35,000,000 $7,801,933
Porter Bancorp Bank Ky. $35,000,000 -$30,216,667
Fremont Bancorporation Bank Calif. $35,000,000 $10,796,066
Encore Bancshares Bank Texas $34,000,000 $5,415,959
The Bank of Kentucky Bank Ky. $34,000,000 $6,091,343
Southern Bancorp Bank Ark. $33,800,000 -$31,406,545
First Security Group Bank Tenn. $33,000,000 -$16,684,638
Firstbank Corp Bank Mich. $33,000,000 $5,185,560
Centrue Financial Bank Mo. $32,668,000 -$32,096,310
Pulaski Financial Corp Bank Mo. $32,538,000 $2,657,846
MutualFirst Financial Bank Ind. $32,382,000 $5,226,789
Parkvale Financial Corp Bank Pa. $31,762,000 $4,808,414
Bank of North Carolina Bank N.C. $31,260,000 $3,880,665
Royal Bancshares of Pennsylvania Bank Pa. $30,407,000 -$30,048,029
Hawthorn Bancshares Bank Mo. $30,255,000 $6,138,133
Bancorp Rhode Island Bank R.I. $30,000,000 $2,341,666
Farmers Capital Bank Corp Bank Ky. $30,000,000 -$3,164,171
First M&F Corp Bank Miss. $30,000,000 -$26,340,000
First United Corp Bank Md. $30,000,000 -$27,687,500
Spirit BankCorp Bank Okla. $30,000,000 -$27,738,250
StellarOne Corp Bank Va. $30,000,000 $4,271,875
Tennessee Commerce Bancorp Bank Tenn. $30,000,000 -$26,766,667
Peapack-Gladstone Financial Bank N.J. $28,685,000 $3,390,741
Bank United Mortgage Servicer Fla. $28,079,250 -$28,079,250
Bank of Marin Bancorp Bank Calif. $28,000,000 $2,155,095
Colony Bankcorp Bank Ga. $28,000,000 -$1,519,911
Alabama Housing Finance Authority State Housing Orgs Ala. $28,000,000 -$28,000,000
CenterState Banks of Florida, Inc. Bank Fla. $27,875,000 $1,408,302
Intermountain Community Bancorp Bank Idaho $27,000,000 -$21,423,866
Alliance Financial Corp Bank N.Y. $26,918,000 $1,438,360
Citizens & Northern Corporation Bank Pa. $26,440,000 $2,449,100
Washington Banking Company Bank Wash. $26,380,000 $4,248,344
Patriot Bancshares Bank Texas $26,038,000 -$23,333,865
HMN Financial Bank Minn. $26,000,000 -$4,965,813
LNB Bancorp Bank Ohio $25,223,000 $1,939,571
Princeton National Bancorp Bank Ill. $25,083,000 -$22,811,595
Peoples Bancorp of North Carolina Bank N.C. $25,054,000 $2,823,965
First California Financial Group Bank Calif. $25,000,000 $3,810,847
HF Financial Corp Bank S.D. $25,000,000 $1,316,666
Horizon Bancorp Bank Ind. $25,000,000 $4,857,322
Intervest Bancshares Bank N.Y. $25,000,000 -$23,881,945
Rogers Bancshares Bank Ark. $25,000,000 -$24,261,979
Shore Bancshares Bank Md. $25,000,000 $358,333
The First Bancorp Bank Maine $25,000,000 $4,046,875
VIST Financial Corp Bank Pa. $25,000,000 $5,710,646
Citizens Bancshares Co. Bank Mo. $24,990,000 -$11,037,619
Crescent Financial Corp Bank N.C. $24,900,000 -$20,047,409
Stearns Financial Services Bank Minn. $24,900,000 $6,595,444
National Bancshares Bank Iowa $24,664,000 -$3,192,912
CBS Banc-Corp Bank Ala. $24,300,000 $3,132,359
Community Trust Financial Corp Bank La. $24,000,000 $4,459,100
Eastern Virginia Bankshares Bank Va. $24,000,000 -$21,780,000
Heritage Financial Corp Bank Wash. $24,000,000 $2,953,333
Bridge Capital Holdings Bank Calif. $23,864,000 $4,008,582
Severn Bancorp Bank Md. $23,393,000 -$19,611,129
Park Bancorporation Bank Wis. $23,200,000 -$1,179,936
First Citizens Banc Corp Bank Ohio $23,184,000 $2,061,684
TriState Capital Holdings Bank Pa. $23,000,000 $5,642,402
Bayview Loan Servicing, LLC Mortgage Servicer Fla. $22,969,732 -$22,969,732
Central Bancorp, Inc. Bank Texas $22,500,000 -$20,088,374
Premier Financial Bancorp, Inc. Bank W.Va. $22,252,000 $800,239
University Financial Corp, Inc. Bank Minn. $22,115,000 $2,618,727
Central Community Corp Bank Texas $22,000,000 $3,797,529
Middleburg Financial Corp Bank Va. $22,000,000 $1,287,945
Security Federal Corp Bank S.C. $22,000,000 -$19,463,778
Wainwright Bank & Trust Bank Mass. $22,000,000 $1,592,311
First Community Financial Partners, Inc. Bank Ill. $22,000,000 -$3,747,521
Indiana Housing and Community Development Authority State Housing Orgs Ind. $22,000,000 -$22,000,000
Liberty Bancshares, Inc. Bank Mo. $21,900,000 $4,095,453
Blue Valley Ban Corp Bank Kan. $21,750,000 -$21,538,542
Indiana Community Bancorp Bank Ind. $21,500,000 $5,831,250
Medallion Bank Bank Utah $21,498,000 $2,962,676
BancIndependent Bank Ala. $21,100,000 $3,741,412
FC Holdings Bank Texas $21,042,000 -$1,205,370
AmeriServ Financial Bank Pa. $21,000,000 $3,601,666
Heritage Oaks Bancorp Bank Calif. $21,000,000 -$17,039,498
Mercantile Bank Corporation Bank Mich. $21,000,000 $10,631,120
The Baraboo Bancorporation Bank Wis. $20,749,000 -$2,725,169
First Guaranty Bancshares, Inc. Bank La. $20,699,000 $3,360,477
Unity Bancorp Bank N.J. $20,649,000 -$6,252,554
United Bancorp Bank Mich. $20,600,000 -$284,075
Citizens South Banking Corp Bank N.C. $20,500,000 $3,072,379
Florida Bank Group, Inc. Bank Fla. $20,471,000 -$19,290,207
Diamond Bancorp, Inc. Bank Mo. $20,445,000 $656,616
First Western Financial Bank Colo. $20,440,000 -$10,560,408
Commonwealth Bancshares, Inc. Bank Ky. $20,400,000 $1,175,016
Market Street Bancshares, Inc. Bank Ill. $20,300,000 $4,129,250
BNCCORP Bank N.D. $20,093,000 -$19,183,458
C&F Financial Corp Bank Va. $20,000,000 $2,902,778
Community First Bancshares Bank Tenn. $20,000,000 $3,628,111
First Financial Service Corp Bank Ky. $20,000,000 -$7,666,222
MidSouth Bancorp Bank La. $20,000,000 $2,834,334
The ANB Corporation Bank Texas $20,000,000 $3,234,499
D.L. Evans Bancorp Bank Idaho $19,891,000 $3,795,592
Chambers Bancshares, Inc. Bank Ark. $19,817,000 -$14,062,324
Community Bank Shares of Indiana, Inc. Bank Ind. $19,468,000 $3,334,282
First PacTrust Bancorp, Inc. Bank Calif. $19,300,000 $2,997,560
Carver Bancorp Bank N.Y. $18,980,000 $1,978,088
Bar Harbor Bankshares Bank Maine $18,751,000 $1,286,514
HopFed Bancorp Bank Ky. $18,400,000 $3,954,146
Sovereign Bancshares Bank Texas $18,215,000 $3,417,669
Peoples Bancorp Bank Wash. $18,000,000 $3,325,250
First Trust Corporation Bank La. $17,969,000 -$2,664,820
ECB Bancorp Bank N.C. $17,949,000 -$14,511,264
Security Capital Corporation Bank Miss. $17,910,000 -$15,472,719
First NBC Bank Holding Company Bank La. $17,836,000 $3,197,989
Community First Inc Bank Tenn. $17,806,000 -$15,897,547
Community Bankers Trust Corp Bank Va. $17,680,000 -$14,135,542
First Northern Community Bancorp Bank Calif. $17,390,000 $2,553,580
OneFinancial Corporation Bank Ark. $17,300,000 -$13,517,007
Southern First Bancshares Bank S.C. $17,299,000 $2,102,365
Liberty Shares Bank Ga. $17,280,000 -$15,880,440
F&M Financial Corporation (TN) Bank Tenn. $17,243,000 $330,766
Northern States Financial Corp Bank Ill. $17,211,000 -$16,792,678
The First Bancshares Bank Miss. $17,123,000 -$15,982,515
Bank of Commerce Holdings Bank Calif. $17,000,000 $2,564,028
F&M Financial Corporation Bank N.C. $17,000,000 $3,119,745
First American International Corp Bank N.Y. $17,000,000 -$15,623,945
Guaranty Federal Bancshares Bank Mo. $17,000,000 $4,614,511
White River Bancshares Company Bank Ark. $16,800,000 -$15,210,417
Timberland Bancorp Bank Wash. $16,641,000 $2,420,171
Codorus Valley Bancorp Bank Pa. $16,500,000 $2,678,479
First Federal Bancshares of Arkansas Bank Ark. $16,500,000 -$9,929,375
1st Financial Services Corp Bank N.C. $16,369,000 -$15,139,052
Parke Bancorp Bank N.J. $16,288,000 -$157,644
Pacific City Financial Corp Bank Calif. $16,200,000 -$15,841,935
Valley Financial Corp Bank Va. $16,019,000 -$8,037,316
CoastalSouth Bancshares, Inc. Bank S.C. $16,015,000 -$1,757,512
Carolina Bank Holdings Bank N.C. $16,000,000 $2,909,609
MidWest One Financial Group Bank Iowa $16,000,000 $2,933,333
State Capital Corporation Bank Miss. $15,750,000 -$12,999,041
Community West Bancshares Bank Calif. $15,600,000 -$1,258,860
Stockmens Financial Corporation Bank S.D. $15,568,000 $2,533,554
Tri-County Financial Corp Bank Md. $15,540,000 $3,113,117
BankFirst Capital Corp Bank Miss. $15,500,000 $2,992,470
First Reliance Bancshares Bank S.C. $15,349,000 -$2,354,941
PennyMac Loan Services, LLC Mortgage Servicer Calif. $15,341,921 -$15,341,921
Grandsouth Bancorporation Bank S.C. $15,319,000 $2,306,918
Broadway Financial Corporation Bank Calif. $15,000,000 -$14,189,584
Centra Financial Holdings Bank W.Va. $15,000,000 $922,937
LSB Corp Bank Mass. $15,000,000 $1,260,000
Business Bancshares Bank Mo. $15,000,000 $3,515,605
Foresight Financial Group, Inc. Bank Ill. $15,000,000 $3,670,292
The Landrum Company Bank Mo. $15,000,000 $2,580,291
River Valley Bancorporation Bank Wis. $15,000,000 $4,703,275
Suburban Illinois Bancorp, Inc. Bank Ill. $15,000,000 -$12,601,855
Nicolet Bankshares Bank Wis. $14,964,000 $2,940,842
Village Bank and Trust Financial Corp Bank Va. $14,738,000 -$13,419,768
Monarch Financial Holdings Bank Va. $14,700,000 $1,003,166
Tidelands Bancshares Bank S.C. $14,448,000 -$13,252,027
United Bank Corporation Bank Ga. $14,400,000 $4,482,079
Guaranty Capital Corporation Bank Miss. $14,000,000 -$12,092,118
First National Corporation Bank Va. $13,900,000 $1,429,331
Magna Bank Bank Tenn. $13,795,000 $2,351,468
Bancorp Financial, Inc. Bank Ill. $13,669,000 $1,926,738
Sword Financial Corporation Bank Wis. $13,644,000 $3,375,233
First Texas BHC Bank Texas $13,533,000 $2,539,389
Oak Valley Bancorp Bank Calif. $13,500,000 $2,371,250
WashingtonFirst Bankshares, Inc. Bank Va. $13,475,000 $1,842,319
LCNB Corp Bank Ohio $13,400,000 $1,127,390
Bank of the Carolinas Corporation Bank N.C. $13,179,000 -$12,139,323
Mississippi Home Corporation State Housing Orgs Miss. $13,038,832 -$13,038,832
Morrill Bancshares Bank Kan. $13,000,000 $2,429,122
SouthCrest Financial Group, Inc. Bank Ga. $12,900,000 $209,014
HCSB Financial Corporation Bank S.C. $12,895,000 -$11,804,298
Community First Bancshares, Inc. Bank Ark. $12,725,000 -$10,216,874
Adbanc Bank Neb. $12,720,000 $2,351,769
Regents Bancshares, Inc. Bank Wash. $12,700,000 $1,894,340
Peoples Bancorporation Bank S.C. $12,660,000 $2,702,912
Community Financial Corp Bank Va. $12,643,000 $2,468,901
Bankers' Bank of the West Bank Colo. $12,639,000 -$9,901,971
Meridian Bank Bank Pa. $12,535,000 -$10,338,621
Security State Bancshares Bank Mo. $12,500,000 $2,388,681
PeoplesSouth Bancshares Bank Ga. $12,325,000 -$9,845,341
OneUnited Bank Bank Mass. $12,063,000 -$11,969,177
1st Constitution Bancorp Bank N.J. $12,000,000 $1,433,242
Blue Ridge Bancshares Bank Mo. $12,000,000 -$61,563
First Manitowoc Bancorp Bank Wis. $12,000,000 $837,983
FNB Bancorp Bank Calif. $12,000,000 $2,267,700
The Queensborough Company Bank Ga. $12,000,000 $1,065,246
Two Rivers Financial Group Bank Iowa $12,000,000 $2,075,133
Duke Financial Group, Inc. Bank Minn. $12,000,000 -$8,420,427
Farmers Enterprises, Inc. Bank Kan. $12,000,000 $3,698,747
Alliance Financial Services Bank Minn. $12,000,000 -$2,193,864
Wachusett Financial Services, Inc. Bank Mass. $12,000,000 -$3,209,464
Plumas Bancorp Bank Calif. $11,949,000 $1,815,140
Citizens Bancshares Bank Ga. $11,841,000 -$10,779,298
DNB Financial Corp Bank Pa. $11,750,000 $1,933,277
M&F Bancorp Bank N.C. $11,735,000 -$10,535,423
TCB Holding Company Bank Texas $11,730,000 -$11,039,168
Pacific Coast Bankers' Bancshares Bank Calif. $11,600,000 $2,221,963
Cecil Bancorp Bank Md. $11,560,000 -$11,043,012
Western Illinois Bancshares Bank Ill. $11,422,000 $1,772,412
Central Virginia Bankshares Bank Va. $11,385,000 -$10,934,344
First Community Corp Bank S.C. $11,350,000 $2,075,979
Liberty Financial Services Bank La. $11,334,000 -$10,387,519
PNC Mortgage Mortgage Servicer Ohio $11,333,478 -$11,333,478
Central Jersey Bancorp Bank N.J. $11,300,000 $1,390,020
Steele Street Bank Corporation Bank Colo. $11,019,000 $2,059,672
Farmers & Merchants Bancshares Bank Texas $11,000,000 -$9,086,595
Mackinac Financial Corporation Bank Mich. $11,000,000 $2,521,828
Brotherhood Bancshares, Inc. Bank Kan. $11,000,000 $1,845,585
Stonebridge Financial Corp Bank Pa. $10,973,000 -$8,320,183
First Capital Bancorp Bank Va. $10,958,000 $998,713
First Southern Bancorp Bank Fla. $10,900,000 $1,363,468
Ridgestone Financial Services Bank Wis. $10,900,000 -$1,269,893
BCSB Bancorp Bank Md. $10,800,000 $2,571,500
Presidio Bank Bank Calif. $10,800,000 $277,697
Security State Bank Holding Company Bank N.D. $10,750,000 -$10,038,427
First Community Bank Corp of America Bank Fla. $10,685,000 -$2,185,751
Crosstown Holding Company Bank Minn. $10,650,000 -$8,437,760
Northwest Bancorporation Bank Wash. $10,500,000 $1,391,847
Katahdin Bankshares Bank Maine $10,449,000 $1,974,048
1st Enterprise Bank Bank Calif. $10,400,000 $1,348,156
Citizens Bancorp Bank Calif. $10,400,000 -$10,176,429
Mission Valley Bancorp Bank Calif. $10,336,000 -$9,426,845
United Bancorporation of Alabama, Inc. Bank Ala. $10,300,000 -$8,974,162
Illinois State Bancorp, Inc. Bank Ill. $10,272,000 $1,564,113
North Central Bancshares Bank Iowa $10,200,000 $2,094,583
Midland States Bancorp Bank Ill. $10,189,000 $1,017,989
Heritage Bankshares, Inc. Bank Va. $10,103,000 $1,250,284
Specialized Loan Servicing LLC Mortgage Servicer Colo. $10,075,529 -$10,075,529
District of Columbia Housing Finance Agency State Housing Orgs D.C. $10,034,860 -$10,034,860
1st United Bancorp Bank Fla. $10,000,000 $870,902
Blackhawk Bancorp Bank Wis. $10,000,000 $1,459,461
BOH Holdings Bank Texas $10,000,000 $1,783,777
Center Bancorp Bank N.J. $10,000,000 $1,586,667
Central Bancorp Bank Mass. $10,000,000 $3,886,111
ColoEast Bankshares Bank Colo. $10,000,000 -$8,770,723
First Bankers Trustshares Bank Ill. $10,000,000 $1,941,221
First Litchfield Financial Corp Bank Conn. $10,000,000 $2,147,768
Mid Penn Bancorp Bank Pa. $10,000,000 $2,070,978
Mid-Wisconsin Financial Services Bank Wis. $10,000,000 $1,582,431
NCAL Bancorp Bank Calif. $10,000,000 -$8,688,973
New Hampshire Thrift Bancshares Bank N.H. $10,000,000 $2,041,266
Northway Financial Bank N.H. $10,000,000 $1,930,625
Stewardship Financial Corp Bank N.J. $10,000,000 $1,400,453
Uwharrie Capital Corp Bank N.C. $10,000,000 -$135,528
Century Financial Services Corporation Bank N.M. $10,000,000 $3,186,960
HomeTown Bankshares Corporation Bank Va. $10,000,000 $1,111,012
Greer Bancshares Bank S.C. $9,993,000 -$9,017,169
Regent Bancorp Bank Fla. $9,982,000 -$9,197,719
Penn Liberty Financial Corp Bank Pa. $9,960,000 $1,785,689
Coastal Banking Company Bank Fla. $9,950,000 $651,221
Universal Bancorp Bank Ind. $9,900,000 -$8,022,063
PSB Financial Corporation Bank La. $9,734,000 $1,704,291
TCB Corporation Bank S.C. $9,720,000 $1,891,380
Green Tree Servicing LLC Mortgage Servicer Minn. $9,658,793 -$9,658,793
Southern Missouri Bancorp Bank Mo. $9,550,000 $1,254,764
Moneytree Corporation Bank Tenn. $9,516,000 $1,775,481
Premier Bank Holding Company Bank Fla. $9,500,000 -$9,032,588
Florida Business BancGroup Bank Fla. $9,495,000 $1,814,751
City National Bancshares Corporation Bank N.J. $9,439,000 -$9,157,141
Cache Valley Banking Company Bank Utah $9,407,000 $1,267,335
FCB Bancorp Bank Ky. $9,294,000 $1,862,235
Freedom First Federal Credit Union Bank Va. $9,278,000 $394,830
Provident Community Bancshares Bank S.C. $9,266,000 -$8,722,909
Carrollton Bancorp Bank Md. $9,201,000 $1,136,250
First Priority Financial Corp Bank Pa. $9,175,000 $662,530
Elmira Savings Bank Bank N.Y. $9,090,000 $1,219,575
Community Partners Bancorp Bank N.J. $9,000,000 $1,598,750
HPK Financial Corporation Bank Ill. $9,000,000 $1,940,554
Delmar Bancorp Bank Md. $9,000,000 -$2,401,669
UBT Banchares Bank Kan. $8,950,000 $1,684,911
RCB Financial Corporation Bank Ga. $8,900,000 -$8,006,066
Salisbury Bancorp Bank Conn. $8,816,000 $1,284,960
Citizens First Corp Bank Ky. $8,779,000 -$1,745,018
Farmers Bank Bank Va. $8,752,000 -$3,871,024
Equity Bancshares Bank Kan. $8,750,000 $1,644,872
Georgia Commerce Bancshares Bank Ga. $8,700,000 $1,385,366
United American Bank Bank Calif. $8,700,000 -$8,700,000
First Freedom Bancshares, Inc. Bank Tenn. $8,700,000 $929,360
Sonoma Valley Bancorp Bank Calif. $8,653,000 -$8,305,836
BancStar, Inc. Bank Mo. $8,600,000 $1,887,922
Summit State Bank Bank Calif. $8,500,000 $1,430,625
Great River Holding Company Bank Minn. $8,400,000 -$7,640,425
HomEq Servicing Mortgage Servicer Calif. $8,308,819 -$8,308,819
Private Bancorporation Bank Minn. $8,222,000 -$7,614,786
Annapolis Bancorp Bank Md. $8,152,000 $1,428,298
F&M Bancshares Bank Tenn. $8,144,000 $1,163,916
IBC Bancorp, Inc. Bank Ill. $8,086,000 -$7,112,190
Fairfax County Federal Credit Union Bank Va. $8,044,000 -$7,699,449
Syringa Bancorp Bank Idaho $8,000,000 -$7,746,878
The Magnolia State Corporation Bank Miss. $7,922,000 -$7,399,453
First Eagle Bancshares, Inc. Bank Ill. $7,875,000 -$6,332,683
MS Financial Bank Texas $7,723,000 $1,483,290
Commonwealth Business Bank Bank Calif. $7,701,000 -$7,150,727
Metro City Bank Bank Ga. $7,700,000 $1,106,301
Oak Ridge Financial Services Bank N.C. $7,700,000 $892,337
Valley Commerce Bancorp Bank Calif. $7,700,000 $1,703,403
First Gothenburg Bancshares Bank Neb. $7,570,000 $1,132,024
Country Bank Shares Bank Neb. $7,525,000 $1,256,210
Centrix Bank & Trust Bank N.H. $7,500,000 $1,387,792
Emclaire Financial Corp Bank Pa. $7,500,000 $1,045,904
The Little Bank Bank N.C. $7,500,000 $1,732,655
BNB Financial Services Corp Bank N.Y. $7,500,000 -$7,059,458
Gulfstream Bancshares Bank Fla. $7,500,000 $1,251,543
GulfSouth Private Bank Bank Fla. $7,500,000 -$6,818,689
Somerset Hills Bancorp Bank N.J. $7,414,000 $402,685
Avenue Financial Holdings Bank Tenn. $7,400,000 $1,398,415
First Sound Bank Bank Wash. $7,400,000 -$3,369,056
First BancTrust Corp Bank Ill. $7,350,000 $1,700,518
CCO Mortgage Mortgage Servicer Va. $7,345,365 -$7,345,365
Western Community Bancshares Bank Calif. $7,290,000 -$6,735,917
FFW Corp Bank Ind. $7,289,000 $1,152,840
Millenium Bancorp Bank Colo. $7,260,000 -$2,963,577
Central Federal Corp Bank Ohio $7,225,000 -$3,612,882
NC Bancorp Bank Ill. $7,186,000 -$6,853,744
TriSummit Bank Bank Tenn. $7,002,000 -$505,582
Central Valley Community Bancorp Bank Calif. $7,000,000 $1,077,516
Fidelity Bancorp, Inc. Bank Pa. $7,000,000 $1,388,333
Hamilton State Bancshares Bank Ga. $7,000,000 $1,169,166
Old Line Bancshares Bank Md. $7,000,000 $438,888
Chicago Shore Corporation Bank Ill. $7,000,000 -$5,744,230
Heartland Bancshares, Inc. Bank Ind. $7,000,000 $1,321,471
Community Financial Shares, Inc. Bank Ill. $6,970,000 -$2,729,256
Guaranty Bancorp Bank N.H. $6,920,000 $1,315,040
Idaho Bancorp Bank Idaho $6,900,000 -$6,775,695
Security California Bancorp Bank Calif. $6,815,000 $1,337,698
Pierce County Bancorp Bank Wash. $6,800,000 -$6,592,053
Harbor Bankshares Corporation Bank Md. $6,800,000 -$6,517,256
Monarch Community Bancorp Bank Mich. $6,785,000 -$6,522,081
Premier Bancorp Bank Ill. $6,784,000 -$6,123,785
Pathfinder Bancorp, Inc. Bank N.Y. $6,771,000 $1,205,330
Highlands Independent Bancshares Bank Fla. $6,700,000 -$6,082,288
Fidelity Federal Bancorp Bank Ind. $6,657,000 -$6,657,000
Alarion Financial Services Bank Fla. $6,514,000 -$5,515,944
Catskill Hudson Bancorp Bank N.Y. $6,500,000 $948,073
Pacific International Bancorp Bank Wash. $6,500,000 $463,125
Liberty Bancshares, Inc. (TX) Bank Texas $6,500,000 -$5,490,164
Biscayne Bancshares, Inc. Bank Fla. $6,400,000 $1,751,883
First Intercontinental Bank Bank Ga. $6,398,000 -$5,640,547
Premier Financial Corp Bank Iowa $6,349,000 -$5,826,738
Citizens Commerce Bancshares Bank Ky. $6,300,000 -$6,119,742
Carter Federal Credit Union Bank La. $6,300,000 -$3,531,900
Cardinal Bancorp II, Inc. Bank Mo. $6,251,000 $1,296,478
First Vernon Bancshares Bank Ala. $6,245,000 -$5,566,271
Randolph Bank & Trust Company Bank N.C. $6,229,000 -$5,620,837
Moscow Bancshares Bank Tenn. $6,216,000 $1,587,380
Union Bank & Trust Company Bank N.C. $6,191,000 $840,293
OSB Financial Services Bank Texas $6,100,000 $1,562,316
Centric Financial Corporation Bank Pa. $6,056,000 $683,821
American State Bancshares Bank Kan. $6,000,000 $1,220,142
Beach Business Bank Bank Calif. $6,000,000 $1,263,316
IBW Financial Corporation Bank D.C. $6,000,000 -$5,282,933
ICB Financial Bank Calif. $6,000,000 $1,194,458
Patapsco Bancorp Bank Md. $6,000,000 -$5,622,134
Peninsula Bank Holding Co Bank Calif. $6,000,000 -$4,841,057
Gateway Bancshares Bank Ga. $6,000,000 $1,260,795
McLeod Bancshares, Inc. Bank Minn. $6,000,000 $870,433
Howard Bancorp Bank Md. $5,983,000 $1,136,793
Rising Sun Bancorp Bank Md. $5,983,000 -$5,787,363
IA Bancorp, Inc. Bank N.J. $5,976,000 -$5,059,770
Leader Bancorp Bank Mass. $5,830,000 $894,016
Security Business Bancorp Bank Calif. $5,803,000 $1,085,019
Central Bancshares Bank Texas $5,800,000 $1,059,177
FPB Bancorp Bank Fla. $5,800,000 -$5,526,112
CFBanc Corporation Bank D.C. $5,781,000 -$5,531,132
Midland Mortgage Company Mortgage Servicer Okla. $5,704,623 -$5,704,623
Seaside National Bank & Trust Bank Fla. $5,677,000 $844,349
United Financial Banking Companies Bank Va. $5,658,000 $991,965
Waukesha Bankshares Bank Wis. $5,625,000 $706,359
Boscobel Bancorp, Inc Bank Wis. $5,586,000 $1,361,457
First Southwest Bancorporation Bank Colo. $5,500,000 -$140,227
Valley Community Bank Bank Calif. $5,500,000 -$4,870,524
One Georgia Bank Bank Ga. $5,500,000 -$5,500,000
Legacy Bancorp Bank Wis. $5,498,000 -$5,142,921
American Bancorp of Illinois, Inc. Bank Ill. $5,457,000 -$5,091,410
The Private Bank of California Bank Calif. $5,450,000 $1,024,753
Highlands State Bank Bank N.J. $5,450,000 $761,927
Connecticut Bank and Trust Company Bank Conn. $5,448,000 $1,454,866
BankAsiana Bank N.J. $5,250,000 -$5,026,583
Residential Credit Solutions Mortgage Servicer Texas $5,233,189 -$5,233,189
Midtown Bank & Trust Company Bank Ga. $5,222,000 -$4,946,896
First Choice Bank Bank Calif. $5,146,000 $631,063
Mission Community Bancorp Bank Calif. $5,116,000 $759,584
Capital Commerce Bancorp, Inc. Bank Wis. $5,100,000 -$4,795,027
Franklin Bancorp, Inc. Bank Mo. $5,097,000 -$677,129
First Resource Bank Bank Pa. $5,017,000 $714,794
Blue River Bancshares Bank Ind. $5,000,000 -$4,470,895
Commerce National Bank Bank Calif. $5,000,000 $36,111
Financial Security Corp Bank Wyo. $5,000,000 $914,597
First Express of Nebraska Bank Neb. $5,000,000 $1,074,313
Southern Illinois Bancorp Bank Ill. $5,000,000 $955,472
BlackRidge Financial, Inc. Bank N.D. $5,000,000 $1,127,326
Covenant Financial Corporation Bank Miss. $5,000,000 -$4,052,761
AmFirst Financial Services, Inc. Bank Neb. $5,000,000 $1,368,260
Germantown Capital Corporation Bank Tenn. $4,967,000 $732,104
First ULB Corp Bank Calif. $4,900,000 $311,020
York Traditions Bank Bank Pa. $4,871,000 $834,023
Southern Heritage Bancshares, Inc. Bank Tenn. $4,862,000 $856,113
BNC Financial Group Bank Conn. $4,797,000 $876,922
First Menasha Bancshares Bank Wis. $4,797,000 $916,867
Alaska Pacific Bankshares Bank Alaska $4,781,000 $349,976
Monument Bank Bank Md. $4,734,000 $889,960
Capital Bancorp Bank Md. $4,700,000 $752,281
Western Reserve Bancorp, Inc Bank Ohio $4,700,000 $1,142,202
Virginia Company Bank Bank Va. $4,700,000 -$3,913,010
CalWest Bancorp Bank Calif. $4,656,000 -$4,259,837
MorEquity, Inc. Mortgage Servicer Ind. $4,628,164 -$4,628,164
Lafayette Bancorp Bank Miss. $4,551,000 -$3,990,196
Hope Federal Credit Union Bank Miss. $4,520,000 -$4,324,636
First Colebrook Bancorp Bank N.H. $4,500,000 $839,489
Puget Sound Bank Bank Wash. $4,500,000 $855,158
Georgia Primary Bank Bank Ga. $4,500,000 -$4,500,000
Mainline Bancorp, Inc. Bank Pa. $4,500,000 $763,190
Community Pride Bank Corporation Bank Minn. $4,400,000 -$3,951,747
CBB Bancorp Bank Ga. $4,397,000 $585,145
Pinnacle Bank Holding Company Bank Fla. $4,389,000 -$4,104,001
Metropolitan Capital Bancorp, Inc. Bank Ill. $4,388,000 -$3,637,491
Northeast Bancorp Bank Maine $4,227,000 $1,262,384
Pacific Coast National Bancorp Bank Calif. $4,120,000 -$4,101,913
CB Holding Corp. Bank Ill. $4,114,000 -$3,842,421
Community Bank of the Bay Bank Calif. $4,060,000 -$3,831,336
Pacific Commerce Bank Bank Calif. $4,060,000 -$3,672,777
The Bank of Currituck Bank N.C. $4,021,000 -$2,108,316
California Bank of Commerce Bank Calif. $4,000,000 $755,900
Capital Pacific Bancorp Bank Ore. $4,000,000 $804,256
Carolina Trust Bank Bank N.C. $4,000,000 -$5,548
Hilltop Community Bancorp Bank N.J. $4,000,000 $467,049
Naples Bancorp Bank Fla. $4,000,000 -$3,043,934
Premier Service Bank Bank Calif. $4,000,000 -$3,945,500
Santa Lucia Bancorp Bank Calif. $4,000,000 -$868,889
SBT Bancorp Bank Conn. $4,000,000 $717,144
Todd Bancshares Bank Ky. $4,000,000 -$3,177,050
SV Financial, Inc. Bank Ill. $4,000,000 $721,382
Grand Capital Corporation Bank Okla. $4,000,000 $717,145
Investors Financial Corporation of Pettis County Bank Mo. $4,000,000 -$3,825,676
Enterprise Financial Services Group Bank Pa. $4,000,000 $680,205
KS Bancorp, Inc. Bank N.C. $4,000,000 $137,336
Providence Bank Bank N.C. $4,000,000 $596,313
Texas National Bancorporation Bank Texas $3,981,000 $494,307
Community Business Bank Bank Calif. $3,976,000 $698,053
Fidelity Bancorp, Inc (LA) Bank La. $3,942,000 $1,341,660
Peoples Bancshares of TN Bank Tenn. $3,900,000 -$90,123
Community Bancshares, Inc. Bank Ariz. $3,872,000 -$3,196,968
Redwood Capital Bancorp Bank Calif. $3,800,000 $710,626
Tifton Banking Company Bank Ga. $3,800,000 -$3,576,792
Pascack Community Bank Bank N.J. $3,756,000 $741,313
First Financial Bancshares Bank Kan. $3,756,000 $807,302
Financial Services of Winger, Inc. Bank Minn. $3,742,000 $745,324
Pathway Bancorp Bank Neb. $3,727,000 -$3,649,149
Triad Bancorp Bank Mo. $3,700,000 $686,326
Patterson Bancshares Bank La. $3,690,000 $912,985
AMB Financial Corp Bank Ind. $3,674,000 $713,576
Allied First Bancorp Bank Ill. $3,652,000 -$3,242,246
CedarStone Bank Bank Tenn. $3,564,000 -$2,830,819
Merchants and Manufacturers Bank Corporation Bank Ill. $3,510,000 $600,668
AB&T Financial Corp Bank N.C. $3,500,000 -$3,139,306
Mercantile Capital Corp Bank Mass. $3,500,000 $650,816
First Alliance Bancshares Bank Tenn. $3,422,000 -$418,323
Birmingham Bloomfield Bancshares Bank Mich. $3,379,000 $424,024
Bainbridge Bancshares, Inc. Bank Ga. $3,372,000 -$3,227,566
Madison Financial Corp Bank Ky. $3,370,000 -$3,200,579
First Bank of Charleston Bank W.Va. $3,345,000 $615,105
California Oaks State Bank Bank Calif. $3,300,000 $502,219
Mountain Valley Bancshares, Inc. Bank Ga. $3,300,000 -$2,735,467
Bancorp of Okolona, Inc. Bank Miss. $3,297,000 $217,475
Congaree Bancshares Bank S.C. $3,285,000 $198,631
Treaty Oak Bancorp Bank Texas $3,268,000 -$2,575,585
Border Federal Credit Union Bank Texas $3,260,000 -$3,121,269
Hometown Bancorp of Alabama Bank Ala. $3,250,000 -$2,588,069
FPB Financial Corp Bank La. $3,240,000 $383,721
First Independence Corporation Bank Mich. $3,223,000 -$402,739
Oregon Bancorp Bank Ore. $3,216,000 -$2,592,256
First Bank Mortgage Servicer Mo. $3,172,016 -$3,172,016
Kilmichael Bancorp, Inc. Bank Miss. $3,154,000 -$2,938,894
Crazy Woman Creek Bancorp Bank Wyo. $3,100,000 -$2,468,781
Fortune Financial Corporation Bank Mo. $3,100,000 $568,929
Grand Mountain Bancshares, Inc. Bank Colo. $3,076,000 -$3,076,000
Lone Star Bank Bank Texas $3,072,000 -$3,072,000
Sound Banking Company Bank N.C. $3,070,000 $566,309
FBHC Holding Company Bank Colo. $3,035,000 -$2,230,408
Citizens Community Bank Bank Va. $3,000,000 $574,645
Clover Community Bankshares Bank S.C. $3,000,000 $318,586
Marine Bank & Trust Company Bank Fla. $3,000,000 -$2,764,287
PGB Holdings Bank Ill. $3,000,000 -$2,741,751
St. Johns Bancshares Bank Mo. $3,000,000 -$2,399,592
Tennessee Valley Financial Holdings Bank Tenn. $3,000,000 $331,713
Frontier Bancshares Bank Texas $3,000,000 $408,191
Freeport Bancshares Bank Ill. $3,000,000 -$2,114,157
Fidelity Resources Company Bank Texas $3,000,000 $503,795
Bank of Commerce Bank N.C. $3,000,000 $87,573
Layton Park Financial Group Bank Wis. $3,000,000 -$67,838
Redwood Financial Bank Minn. $2,995,000 $575,812
F & C Bancorp, Inc. Bank Mo. $2,993,000 $930,566
Alliance Bancshares Bank Ga. $2,986,000 $535,295
Vericrest Financial, Inc. Mortgage Servicer Okla. $2,982,621 -$2,982,621
Santa Clara Valley Bank Bank Calif. $2,900,000 -$178,674
Berkshire Bancorp Bank Pa. $2,892,000 $509,124
US Metro Bank Bank Calif. $2,861,000 -$2,428,322
Santa Cruz Community Credit Union Bank Calif. $2,828,000 -$2,706,867
Omega Capital Corp Bank Colo. $2,816,000 -$2,765,690
Prairie Star Bancshares Bank Kan. $2,800,000 -$2,667,747
Cooperative Center Federal Credit Union Bank Calif. $2,799,000 -$2,679,109
Tri-State Bank of Memphis Bank Tenn. $2,795,000 -$2,478,699
SouthFirst Bancshares Bank Ala. $2,760,000 -$2,395,204
Worthington Financial Holdings, Inc. Bank Ala. $2,720,000 -$2,349,400
DeSoto County Bank Bank Miss. $2,681,000 -$2,223,811
Bank of George Bank Nev. $2,672,000 -$2,392,009
Regent Capital Corporation Bank Okla. $2,655,000 $480,328
Community First Guam Federal Credit Union Bank Guam $2,650,000 -$2,536,492
Shreveport Federal Credit Union Bank La. $2,646,000 -$2,533,398
Deerfield Financial Corporation Bank Wis. $2,639,000 $644,339
Manhattan Bancshares, Inc. Bank Ill. $2,639,000 $822,607
Community Investors Bancorp Bank Ohio $2,600,000 $515,616
Northern State Bank Bank N.J. $2,571,000 $416,782
Goldwater Bank Bank Ariz. $2,568,000 -$2,422,250
Community 1st Bank Bank Calif. $2,550,000 $349,660
Plato Holdings Inc. Bank Minn. $2,500,000 $603,620
Atlantic City Federal Credit Union Bank Wyo. $2,500,000 $100,277
Pyramid Federal Credit Union Bank Ariz. $2,500,000 -$2,392,917
AmeriBank Holding Company Bank Okla. $2,492,000 $468,023
Grand Financial Corporation Bank Miss. $2,443,320 -$1,799,938
Citizens Bank & Trust Company Bank La. $2,400,000 -$2,085,717
CSRA Bank Corp Bank Ga. $2,400,000 -$2,219,060
Green Circle Investments Bank Iowa $2,400,000 $606,029
Brogan Bankshares, Inc. Bank Wis. $2,400,000 $622,880
NEMO Bancshares Inc. Bank Mo. $2,330,000 $782,976
IBT Bancorp Bank Texas $2,295,000 $569,530
Columbine Capital Corp Bank Colo. $2,260,000 $429,480
CenterBank Bank Ohio $2,250,000 $94,665
Alternatives Federal Credit Union Bank N.Y. $2,234,000 -$2,138,310
Union Financial Corporation Bank N.M. $2,179,000 -$1,257,799
Marix Servicing, LLC Mortgage Servicer Ariz. $2,162,025 -$2,162,025
Security Bancshares of Pulaski County Bank Mo. $2,152,000 -$134,090
Titonka Bancshares Bank Iowa $2,117,000 $452,493
Ojai Community Bank Bank Calif. $2,080,000 -$1,706,857
Market Bancorporation Bank Minn. $2,060,000 -$1,921,222
The Victory Bank Bank Pa. $2,046,000 $276,184
Surrey Bancorp Bank N.C. $2,000,000 $314,972
TCNB Financial Corp Bank Ohio $2,000,000 $384,611
Nationwide Bankshares, Inc. Bank Neb. $2,000,000 $276,190
Atlantic Bancshares, Inc. Bank S.C. $2,000,000 -$1,877,276
Northwest Commercial Bank Bank Wash. $1,992,000 $372,103
Fresno First Bank Bank Calif. $1,968,000 $469,100
Virginia Community Capital, Inc. Bank Va. $1,915,000 -$1,832,974
Hometown Bancshares Bank Ky. $1,900,000 $329,804
Merchants and Planters Bancshares Bank Tenn. $1,881,000 $350,562
Monadnock Bancorp Bank N.H. $1,834,000 $505,348
Seacoast Commerce Bank Bank Calif. $1,800,000 $353,780
American Premier Bancorp Bank Calif. $1,800,000 $252,682
Southern Chautauqua Federal Credit Union Bank N.Y. $1,709,000 -$1,636,274
BCB Holding Company Bank Ala. $1,706,000 -$1,532,492
Manhattan Bancorp Bank Calif. $1,700,000 $129,711
Maryland Financial Bank Bank Md. $1,700,000 -$1,456,018
Signature Bancshares Bank Texas $1,700,000 $294,588
The State Bank of Bartley Bank Neb. $1,697,000 $333,299
Navy Federal Credit Union Mortgage Servicer Va. $1,672,565 -$1,672,565
Gateway Community Federal Credit Union Bank Mont. $1,657,000 $68,397
Gold Canyon Bank Bank Ariz. $1,607,000 -$1,553,141
Tongass Federal Credit Union Bank Alaska $1,600,000 -$1,531,467
Hyperion Bank Bank Pa. $1,552,000 -$214,834
Saigon National Bank Calif. $1,549,000 -$1,549,000
D.C. Federal Credit Union Bank D.C. $1,522,000 -$1,457,230
Franklin Credit Management Corporation Mortgage Servicer N.J. $1,505,724 -$1,505,724
Regional Bankshares Bank S.C. $1,500,000 $272,618
Vision Bank - Texas Bank Texas $1,500,000 -$416,899
PFSB Bancorporation, Inc. Bank Wis. $1,500,000 $230,164
Fay Servicing, LLC Mortgage Servicer Ill. $1,315,858 -$1,315,858
Indiana Bank Corp Bank Ind. $1,312,000 -$1,146,861
Fort Lee Federal Savings Bank Bank N.J. $1,300,000 -$1,212,816
Valley Financial Group, Ltd., 1st State Bank Bank Mich. $1,300,000 $189,776
Servis One, Inc. Mortgage Servicer Pa. $1,287,912 -$1,287,912
Vigo County Federal Credit Union Bank Ind. $1,229,000 -$1,176,699
Scotiabank de Puerto Rico Mortgage Servicer Puerto Rico $1,190,877 -$1,190,877
First Advantage Bancshares Inc. Bank Minn. $1,177,000 $151,320
The Golden 1 Credit Union Mortgage Servicer Calif. $1,125,750 -$1,125,750
Riverside Bancshares, Inc. Bank Ark. $1,100,000 -$823,127
Southside Credit Union Bank Texas $1,100,000 -$1,053,189
Brewery Credit Union Bank Wis. $1,096,000 $44,388
Opportunities Credit Union Bank Vt. $1,091,000 -$1,044,572
Independence Bank Bank R.I. $1,065,000 -$841,623
Vantium Capital, Inc. dba Acqura Loan Services Mortgage Servicer Texas $1,050,606 -$1,050,606
Community Bancshares Of Mississippi, Inc. (Community Holding Company Of Florida, Inc.) Bank Fla. $1,050,000 $170,301
Calvert Financial Corp Bank Mo. $1,037,000 -$821,554
Bank Financial Services, Inc. Bank Minn. $1,004,000 $110,680
BankGreenville Bank S.C. $1,000,000 $153,905
Butte Federal Credit Union Bank Calif. $1,000,000 -$957,167
First Legacy Community Credit Union Bank N.C. $1,000,000 -$957,444
Bern Bancshares Bank Kan. $985,000 $187,064
Wescom Central Credit Union Mortgage Servicer Calif. $965,333 -$965,333
Lower East Side People's Federal Credit Union Bank N.Y. $898,000 -$859,536
PNC Bank, National Association Mortgage Servicer Pa. $825,054 -$825,054
Gregg Bancshares Bank Mo. $825,000 -$779,810
Banner County Bank Corp Bank Neb. $795,000 $147,412
RG Mortgage Corporation Mortgage Servicer Puerto Rico $793,769 -$793,769
UNO Federal Credit Union Bank La. $743,000 -$711,175
First State Bank of Mobeetie Bank Texas $731,000 $82,086
Farmers State Bancshares Bank Kan. $700,000 $130,174
Midwest Regional Bancorp Bank Mo. $700,000 $63,294
Independent Employers Group Federal Credit Union Bank Hawaii $698,000 -$668,296
Quantum Servicing Corporation Mortgage Servicer Fla. $653,885 -$653,885
Green City Bancshares Bank Mo. $651,000 $82,037
RoundPoint Mortgage Servicing Corporation Mortgage Servicer N.C. $639,167 -$639,167
Corning Savings and Loan Association Bank Ark. $638,000 $21,705
Butler Point Bank Ill. $607,000 $117,125
Colonial American Bank Bank Pa. $574,000 $94,143
Bethex Federal Credit Union Bank N.Y. $502,000 -$480,637
Community Bancshares of Kansas Bank Kan. $500,000 $116,745
Mortgage Center, LLC Mortgage Servicer Mich. $471,295 -$471,295
Kirksville Bancorp Bank Mo. $470,000 -$376,270
Sterling Savings Bank Mortgage Servicer Wash. $463,828 -$463,828
Community Plus Federal Credit Union Bank Ill. $450,000 -$430,850
Farmers & Merchants Financial Corp Bank Kan. $442,000 -$354,041
Liberty County Teachers Federal Credit Union Bank Texas $435,000 -$416,367
Urban Partnership Bank Mortgage Servicer Ill. $428,986 -$428,986
Haviland Bancshares Bank Kan. $425,000 $62,524
Tulane-Loyola Federal Credit Union Bank La. $424,000 -$405,839
Northeast Community Federal Credit Union Bank Calif. $350,000 -$335,008
Greater Kinston Credit Union Bank N.C. $350,000 $10,714
ShoreBank Mortgage Servicer Ill. $346,986 -$346,986
Central Florida Educators Federal Credit Union Mortgage Servicer Fla. $330,543 -$330,543
North Side Community Federal Credit Union Bank Ill. $325,000 -$311,169
The Freeport State Bank Bank Kan. $301,000 $78,459
Genesee Co-op Federal Credit Union Bank N.Y. $300,000 -$287,033
Brooklyn Cooperative Federal Credit Union Bank N.Y. $300,000 -$287,250
Union Settlement Federal Credit Union Bank N.Y. $295,000 -$282,446
Silver State Schools Credit Union Mortgage Servicer Nev. $283,921 -$283,921
Neighborhood Trust Federal Credit Union Bank N.Y. $283,000 -$270,878
Prince Kuhio Federal Credit Union Bank Hawaii $273,000 -$261,306
Wachovia subsidiaries Mortgage Servicer Iowa $238,889 -$238,889
Mission Federal Credit Union Mortgage Servicer Calif. $236,120 -$236,120
Greater Nevada Mortgage Services Mortgage Servicer Nev. $217,451 -$217,451
CUC Mortgage Corporation Mortgage Servicer N.Y. $215,957 -$215,957
Rushmore Loan Management Services LLC Mortgage Servicer Calif. $215,043 -$215,043
Technology Credit Union Mortgage Servicer Calif. $206,965 -$206,965
Selene Financial, L.P. Mortgage Servicer Texas $186,698 -$186,698
Phenix Pride Federal Credit Union Bank Ala. $153,000 -$146,446
Gregory Funding, LLC Mortgage Servicer Ore. $152,745 -$152,745
Buffalo Cooperative Federal Credit Union Bank N.Y. $145,000 -$138,789
United Bank Mortgage Corporation Mortgage Servicer Mich. $132,914 -$132,914
Hill District Federal Credit Union Bank Pa. $100,000 -$95,744
Episcopal Community Federal Credit Union Bank Calif. $100,000 -$95,744
Hillsdale County National Bank Mortgage Servicer Mich. $86,649 -$86,649
Schools Financial Credit Union Mortgage Servicer Calif. $84,901 -$84,901
Citizens 1st National Bank Mortgage Servicer Ill. $79,560 -$79,560
Thurston Union of Low-Income People (TULIP) Cooperative Credit Union Bank Wash. $75,000 -$71,787
FCI Lender Services, Inc. Mortgage Servicer Calif. $74,728 -$74,728
Yadkin Valley Bank Mortgage Servicer N.C. $74,027 -$74,027
M&T Bank Mortgage Servicer N.Y. $72,110 -$72,110
Los Alamos National Bank Mortgage Servicer N.M. $64,889 -$64,889
AmTrust Bank, A Division of New York Community Bank Mortgage Servicer Ohio $64,726 -$64,726
IC Federal Credit Union Mortgage Servicer Mass. $64,470 -$64,470
AMS Servicing, LLC Mortgage Servicer N.Y. $60,320 -$60,320
Western Federal Credit Union Mortgage Servicer Calif. $58,880 -$58,880
Workers United Federal Credit Union Bank N.Y. $57,000 $2,426
Idaho Housing and Finance Association Mortgage Servicer Idaho $54,755 -$54,755
Park View Federal Savings Bank Mortgage Servicer Ohio $53,936 -$53,936
Aurora Financial Group, Inc Mortgage Servicer N.J. $52,533 -$52,533
Statebridge Company, LLC Mortgage Servicer Colo. $51,003 -$51,003
IBM Southeast Employees' Federal Credit Union Mortgage Servicer Fla. $48,589 -$48,589
ORNL Federal Credit Union Mortgage Servicer Tenn. $45,447 -$45,447
DuPage Credit Union Mortgage Servicer Ill. $36,028 -$36,028
Renaissance Community Development Credit Union Bank N.J. $31,000 -$29,681
The Bryn Mawr Trust Company Mortgage Servicer Pa. $30,059 -$30,059
Faith Based Federal Credit Union Bank Calif. $30,000 -$28,723
Great Lakes Credit Union Mortgage Servicer Ill. $29,181 -$29,181
Horicon Bank Mortgage Servicer Wis. $26,210 -$26,210
Iberiabank Mortgage Servicer Fla. $25,502 -$25,502
Fresno County Federal Credit Union Mortgage Servicer Calif. $24,954 -$24,954
Lake City Bank Mortgage Servicer Ind. $22,661 -$22,661
Allstate Mortgage Loans & Investments, Inc. Mortgage Servicer Fla. $21,373 -$21,373
First Keystone Bank Mortgage Servicer Pa. $14,916 -$14,916
Fidelis Federal Credit Union Bank N.Y. $14,000 -$13,404
Pathfinder Bank Mortgage Servicer N.Y. $13,797 -$13,797
HomeStar Bank & Financial Services Mortgage Servicer Ill. $13,322 -$13,322
Community Credit Union of Florida Mortgage Servicer Fla. $12,631 -$12,631
Glass City Federal Credit Union Mortgage Servicer Ohio $12,359 -$12,359
Lake National Bank Mortgage Servicer Ohio $10,651 -$10,651
Oakland Municipal Credit Union Mortgage Servicer Calif. $10,068 -$10,068
Union Baptist Church Federal Credit Union Bank Ind. $10,000 -$9,572
Marsh Associates, Inc. Mortgage Servicer N.C. $8,896 -$8,896
United Bank Mortgage Servicer Ga. $7,472 -$7,472
James B. Nutter & Company Mortgage Servicer Mo. $7,233 -$7,233
East End Baptist Tabernacle Federal Credit Union Bank Conn. $7,000 -$6,702
Franklin Savings Mortgage Servicer Ohio $6,462 -$6,462
Midwest Community Bank Mortgage Servicer Ill. $4,726 -$4,726
Purdue Employees Federal Credit Union Mortgage Servicer Ind. $3,795 -$3,795
First Mortgage Corporation Mortgage Servicer Calif. $2,000 -$2,000
Guaranty Bank Mortgage Servicer Minn. $1,916 -$1,916
QLending, Inc. Mortgage Servicer Fla. $0 $0
Community Bank & Trust Company Mortgage Servicer Pa. $0 $0
Horizon Bank, NA Mortgage Servicer Ind. $0 $0
Fidelity Homestead Savings Bank Mortgage Servicer La. $0 $0
Hartford Savings Bank Mortgage Servicer Wis. $0 $0
iServe Residential Lending, LLC Mortgage Servicer Calif. $0 $0
iServe Servicing, Inc. Mortgage Servicer Texas $0 $0
Vist Financial Corp Mortgage Servicer Pa. $0 $0
Wealthbridge Mortgage Corp Mortgage Servicer Ore. $0 $0
First Financial Bank, N.A. Mortgage Servicer Idaho $0 $0
RBC Bank (USA) Mortgage Servicer N.C. $0 $0
Amarillo National Bank Mortgage Servicer Texas $0 $0
American Financial Resources Inc. Mortgage Servicer N.J. $0 $0
Banco Popular de Puerto Rico Mortgage Servicer Puerto Rico $0 $0
Capital International Financial, Inc. Mortgage Servicer Fla. $0 $0
CU Mortgage Services, Inc. Mortgage Servicer Minn. $0 $0
First Federal Bank of Florida Mortgage Servicer Fla. $0 $0
Flagstar Capital Markets Corporation Mortgage Servicer Mich. $0 $0
Gateway Mortgage Group, LLC Mortgage Servicer Okla. $0 $0
Liberty Bank and Trust Co Mortgage Servicer La. $0 $0
Magna Bank (servicing) Mortgage Servicer Tenn. $0 $0
Schmidt Mortgage Company Mortgage Servicer Ohio $0 $0
Stockman Bank of Montana Mortgage Servicer Mont. $0 $0
Weststar Mortgage, Inc. Mortgage Servicer Va. $0 $0
SunTrust Mortgage, Inc. Mortgage Servicer Va. $0 $0
Bangor Savings Bank Mortgage Servicer Maine $0 $0
PHH Mortgage Corporation Mortgage Servicer N.J. $0 $0
Sun West Mortgage Company, Inc Mortgage Servicer Calif. $0 $0
PrimeWest Mortgage Corporation Mortgage Servicer Texas $0 $0