The hits keep coming: Thursday morning’s mini-roundup*

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*Updated

-- Another Southern California bank on the brink? Scott Reckard reports that federal regulators have ordered Vineyard National Bank of Corona to stop accepting so-called hot-money deposits that are considered too risky. The 16-branch bank has been thumped by the giant losses of its home builder and developer clients.

-- 2007 wasn’t a very good year for mortgages, either: The delinquency rate of very young mortgages is rising, the WSJ reports. Home loans made in early 2007 are turning sour at a pace that surpasses the 2006 vintage.

-- First soaring mortgages, now climbing utility bills: Onerous energy prices are prompting a surge in the number of customers who can’t pay their bills. SoCal Edison alone shut off service to about 165,000 between January and May, a 14% increase over the same 2007 period.

-- Not done yet: Dr. Housing Bubble lays out 10 reasons why California is nowhere near the housing bottom.

-- New listing: The cavernous hangar in Playa Vista where Howard Hughes’ Spruce Goose was built is on the block. The site is valued at about $60 million. Check out the historic photos.

-- Annette Haddad

Email tips to annette.haddad@latimes.com