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6 Jan 2020, 2:28 pm
As of the end of the last federal government fiscal year on September 30, 2019, there were only 5,256 banking and savings institutions in the U.S., compared to 8,681 as of December 30, 2006, just before the first effects of the coming crisis began to emerge. [read post]
6 Jan 2020, 2:28 pm
As of the end of the last federal government fiscal year on September 30, 2019, there were only 5,256 banking and savings institutions in the U.S., compared to 8,681 as of December 30, 2006, just before the first effects of the coming crisis began to emerge. [read post]
14 Dec 2011, 2:46 pm
Background In the current economic environment, national banks and federal savings associations (collectively, banks) are facing challenges resulting from unprecedented numbers of troubled residential mortgage loans. [read post]
TIM CAVANAUGH: “It’s going to take a lot more than a trillion new dollars to bring the kind of infl…
17 Jul 2010, 5:22 am
Federal Reserve Bank thought he had the problem licked just a few months ago, but now, for the third straight month, the “core” consumer price index (excluding food and energy) has fallen. [read post]
19 May 2011, 1:58 pm
Now, long after the top banks were bailed out and recapitalized by taxpayers and the Federal Reserve, Wall Street continues to sell these dangerous complex products, which lie in wait, ready to unleash a shocking new wave of financial pain. [read post]
12 Jun 2012, 9:42 am
There doesn’t have to be a costly trial, saving taxpayer money, and it keeps the courts from getting clogged. [read post]
24 Feb 2015, 6:09 pm
FDIC news release: “Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $36.9 billion in the fourth quarter of 2014, down $2.9 billion (7.3 percent) from earnings of $39.8 billion that the industry reported a year earlier. [read post]
10 Sep 2013, 7:15 am
Sharrock, 71, Mansfield, Ohio, man was found guilty of more than two dozen charges in connection with a mortgage fraud scheme which caused approximately $1.3 million in losses to Geauga Savings Bank, J.P. [read post]
15 Mar 2010, 6:15 am
"The federal government has been subsidizing these banks and wasting taxpayer money for far too long. [read post]
22 Nov 2011, 11:55 am
WASHINGTON — The Office of the Comptroller of the Currency (OCC) issued a report today on the actions by 12 national bank and federal savings association mortgage servicers to comply with consent orders issued in April 2011 to correct deficient and unsafe or unsound foreclosure practices. [read post]
3 Apr 2012, 7:51 am
Recent surveys by Bibby Financial Services and the Federation of Small Businesses revealed that many owners of SMEs are financing their businesses through savings and loans from family members. [read post]
1 Mar 2021, 7:27 am
Each person’s eligibility depends on how his set of unique facts fits into a dozen bodies of law including real property, trusts and estates, banking, gifts and loans, federal law, state law, and county procedure. [read post]
10 Oct 2008, 12:58 pm
Costs to Consumers Federal regulators seem to be ignoring antitrust rules. [28] They even seem to be encouraging this climate forcing banks with thousands of branches and billions of dollars in deposits to sell at rock-bottom prices. [read post]
8 Sep 2017, 5:27 pm
We have not yet seen a prosecution under the SAVE Act, but it has been reported that prosecutors have empaneled a federal grand jury in Arizona to investigate Backpage.com. [read post]
16 Sep 2013, 1:49 am
Again, there is no rule that the federal insurance fund should always win. [read post]
12 Mar 2008, 7:20 pm
Under federal law, Social Security money is totally exempt from garnishment or seizure by a credit card lender. [read post]
13 Jul 2010, 7:47 am
The work was published by the Federal Reserve Bank of Atlanta (with research from the Boston Federal Reserve Bank). [read post]
13 Jul 2010, 6:47 am
The work was published by the Federal Reserve Bank of Atlanta (with research from the Boston Federal Reserve Bank). [read post]
2 Nov 2011, 7:37 pm
That includes state regulators who see their constituency being whittled away, one too-small-to-save community bank at a time. [read post]
10 Aug 2011, 6:57 am
Bank moved the case to federal court, then sought to dismiss it under the federal National Bank Act, arguing that the NBA and federal regulations put forth by the Office of the Comptroller of the Currency preempt the Act because they interfere with federal authority to regulate banking business. [read post]
