Search for: "FDIC-Receiver"
Results 301 - 320
of 1,202
Sorted by Relevance
|
Sort by Date
29 Apr 2013, 7:45 am
FDIC sued as receiver for Strategic Capital Bank. [read post]
17 Mar 2010, 5:00 am
The board of Federal Deposit Insurance Corporation has extended until Sept. 30 transitional safe harbor protections for securitizations and participations of failed banks under FDIC receivership. [read post]
16 Jul 2008, 5:46 am
Meanwhile, the last of the panicked insured depositors withdraw their insured deposits from IndyMac and receive an unpleasant surprise from the FDIC's uniformed and plainclothes "Withdrawal Discouragers" upon exiting the bank branch. [read post]
21 Aug 2015, 2:05 pm
The FDIC asserts claims for breach of contract, the federal Trust Indenture Act, and the New York Streit Act. [read post]
22 Aug 2017, 1:56 pm
FDIC Vice Chair Thomas H. [read post]
15 Jul 2020, 12:14 pm
That said, because of the criticism the OCC’s final rule has received, it is possible that the FDIC will assess that criticism before finalizing its rule. [read post]
1 Jul 2010, 12:40 pm
Loss-Sharing Video The FDIC produced this video about Loss-Sharing Agreements for the general public: Loss-Sharing Articles More technical are articles like the recently published FDIC Loss-Sharing Agreement: A Primer (PDF) in the FDIC's newsletter Supervisory Insights. [read post]
28 Dec 2020, 9:39 am
To be eligible for the “bank” exemption, an ILC must have received a charter from a state eligible to issue ILC charters and the law of the chartering state must have required federal deposit insurance as of March 5, 1987. [read post]
21 Jan 2017, 11:03 am
BancInsure, Security National Security Pacific Bank became insolvent, and the FDIC took over as receiver. [read post]
21 Jan 2017, 11:03 am
BancInsure, Security National Security Pacific Bank became insolvent, and the FDIC took over as receiver. [read post]
19 Nov 2009, 6:26 am
The distinction between a receiver and a conservator (or qualified receiver) is that a receiver is a liquidator whereas a conservator (or qualified receiver) simply takes control of the going concern to preserve its value. [read post]
8 Dec 2022, 7:29 am
The Act would make the following changes to current law: The BCHA provision that excepts ILCs from the definition of a “bank” would be amended to limit the exception to an ILC (1) that has been approved to receive FDIC deposit insurance on or before September 23, 2021, or (2) with a deposit insurance application pending on September 23, 2021 that is approved before September 23, 2023 by a 2/3 vote of FDIC Directors and for which the FDIC… [read post]
10 Jun 2009, 7:37 pm
At least, that's what anonymous e-mails we receive daily from the FDIC consistently promise. [read post]
16 Oct 2023, 1:20 pm
” According to the FTC, Voyager removed the FDI insurance claims from its advertising only after receiving a cease-and-desist letter from the FDIC. [read post]
27 Mar 2024, 9:01 pm
The underlined text is consistent with our own experience with the FDIC in recent years, in which the FDIC takes the position that, in order for the FDIC even to determine whether a BMA application is necessary, a BMA application must be filed. [read post]
19 Jan 2011, 12:24 am
Day, a former bank chairman, previously was a state senator and was at one time the Republican Candidate for lieutenant governor, and also once served on the Senate Banking Committee The FDIC, which filed the lawsuit in its capacity as Integrity Bank’s receiver, seeks to recover “over $70 million in losses” that the FDIC alleges the bank suffered on 21 commercial and residential acquisition, development and construction loans between… [read post]
14 Oct 2009, 6:31 am
While that lawsuit was pending, the bank failed, the FDIC stepped into the lawsuit as the bank's receiver and sold the loans to Fleet Bank. [read post]
21 Dec 2009, 1:53 am
" The court granted the stay until the earlier of the date on which the FDIC as receiver disallows the claims or until the 180-day administrative review period has expired. [read post]
15 Jul 2009, 5:07 pm
In the last bank insolvency post we talked about how after being appointed as receiver for a failed bank, the Federal Deposit Insurance Corporation (the "FDIC") may unilaterally insist on a stay of proceedings involving the bank (e.g., lawsuits). [read post]
19 Sep 2011, 1:15 am
The three newly publicized lawsuits, each of which were filed by the FDIC in its capacity as receiver of a failed bank, are as follows: First, on August 8, 2011, the FDIC filed a lawsuit in the Eastern District of Michigan against a single former loan officer at Michigan Heritage Bank, of Farmington Hills, Michigan, which failed on April 24, 2009 (about which refer here). [read post]
