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Loan Modification

: Mortgage Lender Implode-o-Meter

Bids due Thursday for struggling BankUnited

By Implode-Explode Heavy Industries

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Final bids are due Thursday for ailing BankUnited, the largest bank headquartered in Florida.

John Kanas, former chief executive of New York's North Fork Bancorp, is thought to be leading an effort to acquire the bank's parent, Coral Gables-based BankUnited Financial Corp.

Full post as published by Mortgage Lender Implode-o-Meter on May 14, 2009 (boomark / email).

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