Nov 8, 2012 12:07PM Lender Processing Services (LPS) notes a "marked upturn" in delinquency rates in its September Mortgage Monitor released this morning. The company said that there is usually a seasonal rise in delinquencies in September, but the 7.7 percent increase from the August rate is the largest monthly increase since 2008. However, Senior Vice President Herb Blecher said it is important to view the date in its proper context. "September's increase in the delinquency rate was indeed significant , but the overall... Nov 8, 2012 12:49PM Yesterday the commentary reported on the news that New Traditions National Bank will become a subsidiary of Old Florida Bancshares, prompting one punster to write, "Does that make it 'New Old Florida Bank' kinda like Fifth Third Bank? (Most in the industry know that Fifth Third's name is the result of the 1908 merger of Third National Bank and Fifth National Bank, to become the Fifth Third National Bank of Cincinnati. Per good ol' Wikipedia, "while Third National was the senior partner, the merger...
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