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Is Regions Bank next?

Posted on 3/12/23 at 3:36 pm
Posted by hikingfan
Member since Jun 2013
1709 posts
Posted on 3/12/23 at 3:36 pm
Note that its not the first floor....Are they in trouble or are they buying SVB?

Posted by Cosmo
glassman's guest house
Member since Oct 2003
125548 posts
Posted on 3/12/23 at 3:37 pm to
Wut
Posted by tigerjjs
Baton Rouge
Member since Sep 2006
1331 posts
Posted on 3/12/23 at 3:37 pm to
Or it might be the cleaning lady?
Posted by Street Hawk
Member since Nov 2014
3551 posts
Posted on 3/12/23 at 3:38 pm to
Margin Call IRL?
Posted by dukke v
PLUTO
Member since Jul 2006
213423 posts
Posted on 3/12/23 at 3:38 pm to
I hope not. But I doubt it will affect my $150 I got in there.
Posted by lsuguy84
CO
Member since Feb 2009
24940 posts
Posted on 3/12/23 at 3:39 pm to
Posted by fallguy_1978
Best States #50
Member since Feb 2018
51557 posts
Posted on 3/12/23 at 3:39 pm to
That's my main bank for everything
Posted by RazorBroncs
Possesses the largest
Member since Sep 2013
14883 posts
Posted on 3/12/23 at 3:41 pm to
quote:

I hope not. But I doubt it will affect my $150 I got in there.




I heard SVB was insured up to $250, so I bet you're good at Regions
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
86579 posts
Posted on 3/12/23 at 3:43 pm to
quote:

Margin Call IRL?


Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
37631 posts
Posted on 3/12/23 at 3:44 pm to
quote:

But I doubt it will affect my $150 I got in there.
Posted by Bruco
Charlotte, NC
Member since Aug 2016
2965 posts
Posted on 3/12/23 at 3:46 pm to
The feds have asked all the banks to report a number of things by Monday am. It’s been an interesting weekend.

And yeah could also be a cleaning crew

And their deposit base couldn’t be more different than SVB

I spent Friday on an SVB counterparty risk scrub. My employer effectively has zero exposure to SVB. That’s just one of the things they want
This post was edited on 3/12/23 at 3:50 pm
Posted by Earthquake 88
Mobile
Member since Jan 2010
3132 posts
Posted on 3/12/23 at 3:46 pm to
I’d be concerned if I had money in the Bank Of The Ozarks. Strong possibility they might be next.
Posted by Gaggle
Member since Oct 2021
7278 posts
Posted on 3/12/23 at 3:50 pm to
Wait til they start jumping. Then you know
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68123 posts
Posted on 3/12/23 at 3:54 pm to
quote:

I’d be concerned if I had money in the Bank Of The Ozarks. Strong possibility they might be next.


Posted by Kracka
Lafayette, Louisiana
Member since Aug 2004
41603 posts
Posted on 3/12/23 at 3:55 pm to
what happens to the mortgages that a bank owns if they fold like SVB?
Posted by Adam Banks
District 5
Member since Sep 2009
34681 posts
Posted on 3/12/23 at 3:56 pm to
If they go out of business do I have to pay my mortgage?

Posted by Bruco
Charlotte, NC
Member since Aug 2016
2965 posts
Posted on 3/12/23 at 3:56 pm to
quote:

what happens to the mortgages that a bank owns if they fold like SVB?


They will be sold and serviced by someone else
Posted by Adam Banks
District 5
Member since Sep 2009
34681 posts
Posted on 3/12/23 at 3:57 pm to
quote:

They will be sold and serviced by someone else


Boooo


They can’t do that.


If the can well Regions might as well stay in business I guess
This post was edited on 3/12/23 at 3:58 pm
Posted by Captain Lafitte
Barataria Bay
Member since Nov 2012
6505 posts
Posted on 3/12/23 at 3:59 pm to
quote:

Or it might be the cleaning lady?

Posted by fallguy_1978
Best States #50
Member since Feb 2018
51557 posts
Posted on 3/12/23 at 3:59 pm to
If our mortgages disappeared with a bank failure we'd be cheering all of this on from the sidelines. I'd want my mortgage company to put their reserves in some shady crypto or penny stock
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