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The Washington Post reports today that the FDIC is developing a program to test whether principal reduction on "underwater" mortgage balances owed by distressed homeowners "is an effective method for saving homeowners from foreclosure. [read post]
12 Jul 2011, 3:00 am by atussey@mortgagefraudblog.com
Brandewie, a Michigan resident, was charged via Information with making False Statement to the FDIC. [read post]
16 Mar 2009, 8:21 am
On January 1, 2010, FDIC deposit insurance for all deposit accountsâ€â [read post]
12 Jul 2013, 12:21 am by Kevin LaCroix
Judge Pregerson found that the FDIC’s allegations here come within the exceptions. [read post]
23 May 2023, 6:30 am by Nicholas Bagley
FDIC, the Supreme Court summarily reversed a Sixth Circuit decision that would have affirmed an FDIC sanction against a banker, even though the agency made two substantive errors in issuing that sanction. [read post]
23 Jul 2010, 3:36 pm by Greg Herman-Giddens
The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category. [read post]
15 Jan 2015, 8:41 pm by Sabrina I. Pacifici
The insured depository institution plans are required by a separate regulation issued by the FDIC. [read post]
6 Nov 2014, 2:55 pm by Pamela Foohey
Last week, the FDIC released its 2013 National Survey of Unbanked and Underbanked Households. [read post]
15 Jul 2010, 1:57 pm by Zach Lowe
Greenberg Traurig partner Thomas Galli advised a private equity firm that purchased a pool of bad bank loans from the FDIC. [read post]
2 Sep 2009, 6:46 pm
The Federal Reserve Bank of Dallas has published an excellent explanation of the FDIC's assessments on banks to restore losses to the insurance fund incurred by reason of bank failures during this Recession. [read post]
15 Mar 2021, 10:00 pm
The OCC, the Federal Reserve Bank, and the FDIC (collectively, the Banking Regulators) announced an interim final rule on March 9 that revises their capital rules to facilitate implementation of the US Treasury Department’s Emergency Capital Investment Program. [read post]
19 Jul 2010, 7:51 pm by Kevin Funnell
A reader asked me if I thought that last Friday's acquisition of three failed banks by a group of former senior Bank of America executives and backed by what the FDIC considers to be "private equity," as well as the... [read post]
15 Mar 2021, 10:00 pm
The OCC, the Federal Reserve Bank, and the FDIC (collectively, the Banking Regulators) announced an interim final rule on March 9 that revises their capital rules to facilitate implementation of the US Treasury Department’s Emergency Capital Investment Program. [read post]
28 Jun 2009, 3:52 pm
The federal banking agencies (OCC, FRB, OTS, and FDIC) are proposing amendments to their Community Reinvestment Act regulations. [read post]
17 Nov 2011, 6:46 am by Legal Profession
The West Virginia Supreme Court of Appeals affirmed the grant of summary judgment to Kutak Rock in an action brought by an accounting firm found liable to the FDIC for a negligent bank audit. [read post]