New LaneGuide Data -- Commercial REO’s Match Residential

November 17, 2011 (Reno, NV) by LaneGuide Staff -- The 2011 Q3 data has been published and shows an increase in commercial  (non-farm) REO dollar inventory and residential conventional nearly equal.  This is further evidence that the commercial REO sector is growing past the $10B mark for the first time.

2011 3rd Quarter Industry REO Inventory Breakdown

Lane Guide tracks the total changes in the industry, based upon the FDIC quarterly Call Report data, from quarter-to-quarter, and offers the collective industry-wide reports at

http://www.laneguide.com/PublicContent/industryTrack.aspx

Additionally, Lane Guide has the data and quarterly change factors available to subscribers for each institution along with asset manager/REO department contacts along with other vital banking departments.

Hey Big Fish: Where Did All the Little Banks Go?

November 9, 2011 (Reno, NV) by Lane Guide --

 
Ever wonder why they don’t put the bank names on the side of the branch with stick-on letters?  It would be so much easier change the bank names each month.  You might be interested to learn how the BIGGEST banks got so big, by swallowing up smaller ones, of course.

In the tank with the mega banks

The chart below to see how these largest mega-banks have by purchase, government actions, succession or serendipity have ended up, swallowing up, so many local and regional banking institutions.  Thousands upon thousands of small communities have lost their local bank to the conglomeration. 

“The Big Banking Fish”

J.P. Morgan Chase	2239 Institutions acquired
Wells Fargo Bank	2219 Institutions acquired
Bank of America	1488 Institutions acquired
Regions Bank	1015 Institutions acquired
U.S. Bank	1011 Institutions acquired
PNC Bank	885 Institutions acquired
Branch Banking & Trust (BBT)	709 Institutions acquired
BMO Harris Bank	490 Institutions acquired
Keybank	487 Institutions acquired
Data source: Lane Guide

Special Mention:  Federal Deposit Insurance Corp. with 1454 institutions in which they took over without a successor, closed or held certain assets (e.g., loans) of.