NBH Holdings has become a go to Bank to Buy out distress Bank for the FDIC.

The interesting part is the President is a Tim Laney. Mr Laney skillfully managed Florida Operations for the Bank of America from 2001-2006.
Interestingly, Bank of America has advertised 1,980 bank owned properties that they are trying to sell -I wonder how many of these Mortgages were written while Mr Laney was at the helm of Florida Bank of America operations.

its an amazing world.