This won't impact me a bit (or most community banks), as I hold all of my own paper, and I literally follow every property from cradle to grave in the loan process. I'll be taking 5 properties into possession in the next 4 weeks. All "I's" are dotted and all "T's" are crossed.

The bummer of it is that I've banked these folks for 5-12 years, and I know their families. Tried everything to help them save their properties, but at some point in time, some loans are due to fail regardless of restructuring, etc. Three of these were restructured twice. Only one of these is judicial (40 arce farm), while the rest are straight forward.