Bank Failure Friday. Four more go down

Four banks went down yesterday and were seized by the FDIC, among them Temecula Valley Bank of Temecula, CA and Vineyard Bank of Rancho Cucamonga, CA.

Both are in areas especially hard hit by the housing collapse. People there bought homes for less there than in the more urban areas, probably with extremely dicey mortgages and then had horrific commutes to work, like hours each way. Temecula has large tracts of newish homes that are virtual ghost towns now. What will happen to them?