Builder loans

RF Regions Financial, which I have owned, a few times..

and some write offs in ...... Not CDO's but Builder loans, loans to home builders...

worst part is it creates to much "Fluidity" in the stock and now it's not as tradable.

Regions Financial Corp. (RF) said it plans to increase its loan loss provision to about $360 million in the fourth quarter, an increase of about $270 million from the third quarter, due to weakening credit quality mostly in its residential building loan portfolio.
The Birmingham, Ala., holding company expects fourth-quarter net loan charge- offs and non-performing assets to rise an annualized 46 basis points of average loans and 91 basis points of period-end loans.
The company expects to strengthen total allowance for credit losses to about 1.45% of net loans at Dec. 31, from the prior period's 1.19%.
Regions also expects to record about $131 of additional pre-tax charges in the fourth quarter, excluding