Real Estate

Calif. bank becomes 99th in US to be shut in 2009
Saturday, Oct. 17
NEW YORK (AP) - Regulators shut down San Joaquin Bank in California on Friday, marking the 99th failure this year of a federally insured bank. 
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Pending home sales hit 2 1/2-year high
Sunday, Oct. 04
WASHINGTON -- Aspiring homebuyers rushed to take advantage of a tax credit for first-time owners that expires in November, driving up the number of signed sales contracts for the seventh straight month in August. 
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Regulators seize 2 banks; 94 failures this year
Saturday, Sept. 19
NEW YORK (AP) - Regulators shut down two banking units of Irwin Financial Corp. Friday, marking the 93rd and 94th failures this year of federally insured banks. 
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Fed plan would police banks' pay for 1st time
Friday, Sept. 18
WASHINGTON (AP) - The Federal Reserve for the first time would police banks' pay policies to make sure they don't encourage excessive risk taking under a plan the Fed is drafting. 
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