Search for: "FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of Washington Mutual Bank"
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9 Jun 2011, 9:00 am
The act of breaking into and entering the offices of the Government and public authorities or the offices of banks, banking houses, savings banks, trust-companies, insurance and other companies, or other buildings not dwellings with intent to commit a felony therein. 10. [read post]
2 Jun 2011, 9:00 am
The act of breaking into and entering the offices of the Government and public authorities, or the offices of banks, banking houses, saving banks, trust companies, insurance companies, or other buildings not dwellings with intent to commit a felony therein. 10. [read post]
26 May 2011, 9:00 am
Embezzlement of funds of a bank of deposit or savings bank, or trust company chartered under Federal or State laws, where the amount of money embezzled is not less than two hundred dollars. 17. [read post]
4 May 2011, 1:00 pm
The act of breaking into and entering into the offices of the Government and public authorities, or the offices of banks, banking houses, saving banks, trust companies, insurance companies, or other buildings not dwellings with intent to commit a felony therein. 10. [read post]
3 May 2011, 9:00 am
Embezzlement of funds of a bank of deposit or savings bank, or trust company chartered under Federal or State laws, where the amount of money embezzled is not less than two hundred dollars. 17. [read post]
19 Apr 2011, 1:00 pm
The act of breaking into and entering the offices of the Government and public authorities or the offices of banks, banking houses, savings banks, trust-companies, insurance and other companies, or other buildings not dwellings with intent to commit a felony therein. 10. [read post]
8 Apr 2011, 6:37 am
The FDIC, acting as the bank’s receiver, is seeking to recover from WaMu’s D&O insurance program. [read post]
20 Apr 2010, 8:52 am
The joint report (pdf, 415kb) of the inspectors general of the Treasury Department and the Federal Deposit Insurance Corporation (FDIC) said WaMu’s risky lending was the cause of the bank’s failure, but OTS failed to follow its own guidelines when rating WaMu’s asset qualities, and relied too heavily on WaMu’s self-reporting of actions it took to address examiner-identified weaknesses. [read post]
20 Apr 2010, 3:35 am
The Office of Thrift Supervision repeatedly identified poor underwriting practices and other problems with risky loan products offered by Washington Mutual Bank over a five-year period before the bank’s demise, but failed to take corrective action and even engaged in a “turf battle” when the Federal Deposit Insurance Corporation attempted to assert its backup enforcement… Read this… [read post]
14 Apr 2010, 3:55 am
Washington Mutual increased its securitization of sub-prime loans six-fold, primarily through its sub-prime lender, Long Beach Mortgage Corporation. [read post]
31 Jan 2010, 4:41 pm
In the United States, the insolvencies of depository institutions (i.e., banks and thrifts with deposits insured by the Federal Deposit Insurance Corporation (FDIC)) are not handled according to the procedures of the U.S. [read post]
19 Nov 2009, 6:26 am
They are both modeled on the resolution authority for insured depository institutions in the Federal Deposit Insurance Act. [read post]
17 Jun 2009, 4:08 am
In each case the Federal Deposit Insurance Corporation (the "FDIC") came in and took over those banks as they have many others. [read post]
29 Apr 2009, 12:29 pm
For further information on the PPIP, please visit: **** Public-Private Investment Program Updated: April 6, 2009 To address the challenge of legacy assets, Treasury - in conjunction with the Federal Deposit Insurance Corporation and the Federal Reserve - has announced the Public-Private Investment Program as part of its efforts to repair balance sheets throughout our financial system and ensure that credit is available to the households and businesses,… [read post]
20 Mar 2009, 4:38 am
As a matter of fact, it seems that the Federal Deposit Insurance Corporation has become the receiver of Washington Mutual. [read post]
2 Sep 2008, 8:03 pm
In mid-July, the Federal Deposit Insurance Corporation (FDIC) issued a final policy statement on how it would treat covered bonds in the event of a bank’s failure,[1] and at the end of July, the Treasury issued a long statement on best practices for covered bonds.[2] In a covered bond transaction, mortgages remain on the books of the bank or other depository institution but serve as collateral for bonds issued to finance the acquisition… [read post]
