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12 Oct 2005, 8:38 am
[JURIST] A federal judge on Wednesday blocked New York Attorney General Eliot Spitzer [official website] from investigating national banks' lending practices, which Spitzer believed to be charging minorities higher interest rates on home mortgage loans. [read post]
5 Nov 2011, 5:55 am
Banks are expected to dole out $1,500 to homeowners whose homes were lost to foreclosure. [read post]
6 May 2008, 6:21 pm
Would federally-charted banks start buying up troubled loans from other banks, then doing their own vigilante expulsions? [read post]
11 Mar 2011, 8:11 am
Federal and state regulators recently stated that many banks and mortgage lenders could expect to be fined for their inaccurate and messy home foreclosure practices. [read post]
24 Nov 2011, 5:43 am
HMM: Government Stress Tests For Banks May Hurt Recovery. “: Federal regulators have ordered Bank of America and other large banks to undergo stress tests to prove they’re financially sound. [read post]
5 Aug 2011, 6:25 am
The attorney for the homeowners is basing the claim on the theory that Bank of America, by not modifying these loans, is taking Federal (TARP) bailout funds without helping struggling homeowners in return. [read post]
7 Jan 2014, 8:34 am
Here’s Judge Alsup’s written decision While the foreclosing bank was Wells Fargo, the loan had originated with World Savings and World Savings was a federal savings bank subject to the federal Home Owners Loan Act of 1933. [read post]
19 Aug 2008, 12:15 pm
Because commercial banks have natural advantages, including lower cost funding sources and the perceived safety of the Federal Reserve Board. [read post]
15 May 2012, 7:09 am
The FBSEA, which increased federal supervision of foreign banks operating in the United States, requires the FRB to make a finding that a foreign bank seeking to acquire control of a U.S. bank is subject to comprehensive supervision on a consolidated basis ("CCS") by its home country supervisor. [read post]
30 Nov 2011, 5:04 am
Following the housing crisis of 2008, congress and President Bush created the Federal Housing Finance Agency, which is an independent agency that oversees Fannie Mae, Freddie Mac, and Federal Home Loan Banks. [read post]
20 Oct 2014, 5:00 am
Kim Liddell, chairman, president and CEO of The National Bank of Cambridge, has been named Maryland’s representative on the 14-member board of directors of the Federal Home Loan Board of Atlanta. [read post]
14 Mar 2009, 5:46 am
Taylor, who for six months in 1984 led one of the nation's largest banks with a steady hand as it faced collapse and who helped negotiate what was then the biggest federal bailout of a financial institution, died Feb. 23 at his home in Rancho Mirage, Calif. [read post]
10 Jan 2014, 9:11 am
They may need help finding a place to live, establishing a bank account, making a home accessible and locating home care. [read post]
11 Jul 2018, 9:34 am
Here’s Judge Alsup’s written decision While the foreclosing bank was Wells Fargo, the loan had originated with World Savings and World Savings was a federal savings bank subject to the federal Home Owners Loan Act of 1933. [read post]
9 Jan 2013, 6:47 pm
The second settlement arises from a suit brought by the federal government against Bank of America and a host of other mortgage lenders. [read post]
22 Apr 2011, 12:09 pm
The consent decrees issued by federal financial regulators force the banks to be more transparent with homeowners about the foreclosure process, but the new standards do not address the mismanagement of home mortgages in the past and require no bank apologies or acknowledgments of wrongdoing. [read post]
18 Oct 2017, 8:21 am
The federal banking agencies have issued guidance to financial institutions on the key data fields under the revised Home Mortgage Disclosure Act (HMDA) rules that will be used to test and validate the accuracy and reliability of the HMDA data. [read post]
27 Jan 2011, 7:51 am
The primary regulatory obstacle has been that, by law, the Federal Reserve may not approve an acquisition by a foreign bank of a U.S. bank unless the Federal Reserve determines that the foreign bank is subject to comprehensive supervision or regulation on a consolidated basis by its home country supervisor. [read post]
21 Jan 2017, 8:01 am
Bank robbery is a Federal crime in the United States. [read post]
21 Jan 2017, 8:01 am
Bank robbery is a Federal crime in the United States. [read post]
