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watching the world (by silverback)

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Silverback | watching the world | silverbackblog.wordpress.com Reviews

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watching the world (by silverback)

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1

FDIC, CVBF, Flood Hazards and Fines | Silverback

https://silverbackblog.wordpress.com/2010/06/03/fdic-cvbf-flood-hazards-and-fines

FDIC, CVBF, Flood Hazards and Fines. CVB Financial, NASDAQ: CVBF. Important quotes from page 2. 8220;The FDIC has reason to believe that the Bank violated the Flood Act and Part 339.”. 8220;Specifically, the Bank violated sections 339.3(a) and 339.9 (a), and (d) which apply to loans secured by property located in a flood hazard area in which flood insurance has been made available under the National Flood Insurance Act of 1968”. Laquo; Extend and Pretend = CVBF and Garrett? The Ennis Homes Case.

2

Bloomberg Covers “Extend and Pretend” | Silverback

https://silverbackblog.wordpress.com/2010/05/15/bloomberg-covers-extend-and-pretend

Bloomberg Covers “Extend and Pretend”. There is a great article up at Bloomberg.com. Titled “Banks Embrace ‘Extend and Pretend’ as U.S. Hotels Await Rebound”. The article covers hotels but it actually lays out some of the current practices as they apply to commercial real estate in general. Because we’ve been covering CVB Financial. 8220;An estimated $1.4 trillion in commercial mortgages will mature through 2014, according to Deloitte’s O’Brien.”. There have been government directives and incentives that...

3

Predictive History? The Ennis Homes Case | Silverback

https://silverbackblog.wordpress.com/2010/06/06/predictive-history-the-ennis-homes-case

The Ennis Homes Case. CVB Financial, NASDAQ: CVBF. Close $9.36) We’ve brought to light a number of problems with The Garrett Group on this blog. Those problems are broad and deep and many of them are directly tied to their obligations to CVB Financial. They have. As detailed by BuilderOnline.com. 18 million loan goes into default, the bank makes ADDITIONAL loans totaling $6 million possibly collateralized by a single family home and… Good news! History repeats itself…. Our research efforts were unable to...

4

Silverback | watching the world | Page 2

https://silverbackblog.wordpress.com/page/2

Spike in Delinquencies, Nonaccruals and Problem Asset Inflow at CVBF. CVB Financial, NASDAQ: CVBF. If you haven’t checked out wlmlab.com. Commercial Real Estate Summary and Comparison. Drilling down into any of the loan types shows the same pattern, but the Commercial Real Estate. Commercial Real Estate Nonaccrual. Comments : Leave a Comment. CVBF Q1 Filings: 8-K Doesn’t Match 10-Q. CVB Financial, NASDAQ:. CVB FINANCIAL CORP - FORM 8-K - April 22, 2010. CVB FINANCIAL CORP - FORM 10-Q - MAY10, 2010. Quest...

5

Extend and Pretend = CVBF and Garrett? | Silverback

https://silverbackblog.wordpress.com/2010/05/17/extend-and-pretend-cvbf-and-garrett

Extend and Pretend = CVBF and Garrett? CVB Financial, NASDAQ: CVBF. Close $10.80) Last Friday I posted about a Bloomberg.com article that went over the practice of extend and pretend. In that article, the coverage focuses on the legal and even federally encouraged practice of extending commercial loan terms for borrowers who have remained current on debt, even when the properties in question have high or upside down loan to value (LTV) ratios. I. Behind, but this came up and I thought it was worth sharing.

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Silverback | watching the world

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