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7 Jan 2009, 7:00 pm
That's why, unlike a lot of loan-modification programs, such as those rolled out by Citigroup and IndyMac Bank, Ocwen's doesn't use broad guidelines--for instance, assuming that homeowners should be able to contribute 38% of their income to paying their mortgage. [read post]
16 Dec 2008, 3:26 am
While it may be easier to spend more hours in Bank A., those hours must be cut in Bank B or Bank C. [read post]
10 Dec 2008, 5:28 am
"It's kind of like thinking you're going to stop bank robbers by not letting them live in close proximity to a bank," says Fred S. [read post]
9 Dec 2008, 3:53 am
Dugan had this to say about a soon-to-be -released study by the federal bank regulators:The results, I confess, were somewhat surprising, and not in a good way. [read post]
8 Dec 2008, 3:37 am
In yet another sign of the Apocalypse, Sheila Bair and I agree on something. [read post]
8 Dec 2008, 12:59 am
The litigation has apparently caught the attention of FDIC chairman Sheila Bair. [read post]
25 Nov 2008, 10:19 pm
A November 25, 2008 CFO.com article discussing the FDIC’s report (here) quotes FDIC chairperson Sheila Bair as saying "we expect more banks to fail. [read post]
18 Nov 2008, 2:26 pm
  According to industry reports, at the annual conference of the International Association of Deposit Insurers, FDIC Chairman Sheila Blair commented on the potential expansion of the FDIC’s powers, noting that such expansion would likely authorize the FDIC to guarantee insurance products in a manner similar to the way in which it guarantees bank deposits. [read post]
14 Nov 2008, 8:30 pm
According to Sheila Bair, head of the Federal Deposit Insurance Corporation (the regulator of most of the nation's banks), this policy only addresses the tip of the foreclosure iceberg. [read post]
12 Nov 2008, 3:01 am
  The agency appears to have reveled in its centrality; it insures bank deposits, and now appears to think that it can offer widespread mortgage relief to bank borrowers. [read post]
7 Nov 2008, 3:22 am
Well, that just goes to show you that good things happen to bad people.More good news came the way of our favorite bank regulator, Sheila ("Bear") Bair. [read post]
31 Oct 2008, 9:20 pm
FDIC chairman Sheila Bair called Chase's new plan "a welcome development. [read post]
30 Oct 2008, 12:02 pm
But since we're in the world of politics, it's worth noting that FDIC head Sheila Bair is doing very well out of this crisis; better, I would warrant, than Christopher Cox, in that it looks like she's actually participating in shaping the government response. [read post]
27 Oct 2008, 2:46 am
He/she was quite complimentary of Sheila, and told me that Ms. [read post]
26 Oct 2008, 4:26 pm
The NYTimes Ed Board approves of the slouching towards a new HOLC: At a hearing on Thursday in the Senate Banking Committee, Sheila Bair, the chairwoman of the Federal Deposit Insurance Corporation, confirmed that the F.D.I.C. is working with the Treasury to streamline the reworking of troubled mortgages. [read post]