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Home » Authors » Kirsten Grind

Articles by Kirsten Grind

West Side startup sees big value in buying troubled loans

Financial group seeks to garner part of national market put at $36 billion
February 25, 2010
Kirsten Grind
When a bank fails somewhere across the country, its closure is good news for one new Seattle company.Roanoke Financial Group plans to capture part of the $36 billion nationwide market for failed bank assets left behind by banks when they are and
Read More

West Side seekers of luxury homes bask in buyer's market

Sales of $1 million-plus homes in King County fell 43 percent last year
August 20, 2009
Kirsten Grind
There was never a better time for Lars Knudsen to realize one of his goals: to buy a home on Lake Sammamish.The 51-year-old financial planner is taking advantage of the battered home market across the Puget Sound region. He has snapped up a a
Read More

Credit unions facing next wave of crisis

State's biggest institution reports largest loss ever; capital-level fears emerge
June 4, 2009
Kirsten Grind
Washington credit unions, once seemingly sheltered from the financial crisis, now are facing one of the biggest challenges to their health since they were formed in the wake of the Great Depression.As a result of a trio of problems, stemming the
Read More

Some West Side community banks suspend dividends

Holding onto their cash becomes paramount, despite some backlash
January 29, 2009
Kirsten Grind
Bracing themselves for at least several more months of economic misery, some community banks across the Puget Sound region are taking the unprecedented step of suspending their quarterly shareholder dividends or slashing them to several cents on to
Read More

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