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14 Jul 2011, 12:26 pm by Michael Froomkin
And if there is, would the dept ceiling impose any limits on the FDIC’s ability to raise funds in the event of a bank failure? [read post]
28 Jun 2011, 12:05 pm by admin
The SPIC insures fraud victims similar to how the FDIC insures bank depositors. [read post]
9 Jun 2011, 10:20 am by James Hamilton
An amendment offered to the Economic Development Revitalization Act, S 782, by Senators John Tester (D-MT) and Robert Corker (R-TN) to delay implementation of the Dodd-Frank interchange fee provisions in Section 1075 for up to one year while the Fed and other financial regulators study the impact of the provisions on small financial institutions did not receive 60 votes in the Senate and was defeated. [read post]
8 Jun 2011, 7:54 am by James Hamilton
An amendment offered to the Economic Development Revitalization Act, S 782, by Senators John Tester (D-MT) and Robert Corker (R-TN) would delay implementation of the Dodd-Frank interchange fee provisions in Section 1075 for up to one year while the Fed and other financial regulators study the impact of the provisions on small financial institutions. [read post]
26 May 2011, 5:29 am by Mandelman
 And we have multiple regulators in the Fed, the OCC, the OTS, the FDIC. [read post]
28 Apr 2011, 8:55 am by Stephen Lubben
In a little noticed footnote in the FDIC's recent report on a hypothetical liquidtion of Lehman under Dodd-Frank resolution authority, the FDIC states The exemption from the automatic stay under the Bankruptcy Code in the case of qualified financial contracts generally works well in most cases. [read post]
20 Apr 2011, 12:18 pm by Steve Bainbridge
The FDIC would like us to believe that Dodd-Frank would have prevented the financial crisis. [read post]
7 Apr 2011, 7:38 pm by Kevin Funnell
Of what value will be the loss and recovery experience on FDIC loss-sharing agreements? [read post]
31 Mar 2011, 10:55 am by James Hamilton
It would also have set into law a 6 percent leverage limit for bank holding companies and selected nonbank financial institutions.The Brown-Kaufman Amendment was defeated 61-33, but Banking Committee Ranking Member Richard Shelby (R-AL) and Majority Leader Harry Reid (D-NV) voted for the amendment. [read post]
18 Mar 2011, 6:58 pm by James Hamilton
Carolyn Maloney (D-NY) and Scott Garrett (R-NJ), Chair of the Capital Markets Subcommittee. [read post]
18 Mar 2011, 7:49 am by David Zaring
  And the FDIC hasn't only sued the individuals for disgorgement, but also, in two cases, their wives. [read post]
16 Mar 2011, 11:42 am by James Hamilton
This proposed structure of the CFPB is the same structure that has worked well for many other federal regulators, including the FTC, FDIC and the SEC. [read post]
11 Mar 2011, 12:53 pm by James Hamilton
An analysis conducted by the Committee on Capital Markets Regulation revealed that comment periods for rulemakings from the independent financial regulators (SEC, CFTC, FDIC and Federal Reserve) lasted more than 60 days on average between 2005 and 2006. [read post]
14 Feb 2011, 8:43 am by Darrin Mish
Did you know that the Federal Deposit Insurance Corporation (FDIC) regards RALs ‘unsafe and unsound’? [read post]
10 Feb 2011, 4:51 pm by Patti Spencer
The FDIC, which governs the bank funding Jackson Hewitt’s RALs, hasn’t made the same determination. [read post]
8 Feb 2011, 7:53 am by James Hamilton
Scott Garrett (R-NJ) has called for the prompt reform of Fannie Mae and Freddie Mac along the lines of what he calls the Cantor Rules after House Majority Leader Eric Cantor (R-VA). [read post]
28 Jan 2011, 4:27 pm by James Hamilton
The same letter was also sent to the FDIC and the Fed and Professor Elizabeth Warren, who is assisting Treasury in setting up the Bureau of Consumer Financial Protection. [read post]
28 Jan 2011, 5:15 am
Chairman of the FDIC Shelia Blair is made an interesting proposal during her speech at the Mortgage Bankers Association meeting in Washington, D.C. last week; setting up a commission to pay monetary settlements to those homeowner who have been damaged by the national foreclosure mess. [read post]
20 Jan 2011, 11:27 am
., (FDIC) has accused the banking and mortgage-lending industries of studied incompetence, saying that the nation's biggest mortgage-servicing companies helped turn the housing bust into a full-blown foreclosure crisis, "The biggest adversary has been inertia in the servicing and foreclosure practices applied to problem loans," Sheila Bair head of the FDIC said. [read post]