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8 May 2008, 8:46 am
The FDIC has recently proposed that Congress allow the Treasury Department to make loans to borrowers with unaffordable mortgages to pay down up to 20% of principal, with the repayment and financing costs to be borne by mortgage investors and borrowers in an effort to stabilize mortgage and home prices and reduce foreclosures. [read post]
30 Apr 2008, 8:07 pm
Last night, a reader alerted me to Damian Paletta's breaking news in The Wall Street Journal that the FDIC's Sheila Bair had assisted the Treasury Department by proposing a dandy little scheme to spend $50 billion in taxpayer funds to... [read post]
11 Feb 2008, 8:39 pm
This could be similar to the partnership that exists between the FDIC and state banking commissioners in the oversight of state-chartered banks. [read post]
30 Oct 2007, 1:09 pm
The FDIC received 29 comments from financial institutions or holding companies, trade associations, businesses, community groups, the National Association of Attorneys General, and various individuals. [read post]
29 Oct 2007, 8:29 pm
The FDIC's new motto: "Legal responsibility? [read post]
28 Sep 2007, 8:15 am
  For more information, see this release from the FDIC. [read post]
22 Sep 2007, 9:45 am
  For an outline of the key provisions of Regulation R click here. [read post]
6 Jun 2007, 3:51 pm
Click here for full biography Joel R. [read post]
6 Jun 2007, 3:51 pm
Click here for full biography Joel R. [read post]
28 Jan 2007, 8:31 pm
Bob Bennett, R-Utah, made it clear he is not ready to compromise on the question of commercial firms' owning ILCs. [read post]