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Latest Federal Deposit Insurance Corporation News

  • Low-profile shop prices billions of dollars in commercial real estate loans 24 Nov 2009 09:58 GMT
    ... Several floors above a burrito shop in downtown Boston, more than $800 billion worth ... a Nov. 16 speech in New York. Bank executives didn’t like Bernanke’s downbeat tone, but ... So far in 2009, DebtX has announced FDIC loan auctions involving $2.6 billion worth of ...

  • Deep in debt, Advanta spends big on salaries 24 Nov 2009 09:24 GMT
    ... Deep in debt, Advanta spends big on salaries Tue. November 24, 2009; Posted: 03:50 AM ... operations in May and owns a Utah bank that has been severely restricted by regulators, ... to the Federal Deposit Insurance Corp. The FDIC ordered the bank in June to return ...

  • Bad loans still rising at Jacksonville banks 24 Nov 2009 07:12 GMT
    ... Some local banks did show improvement in the third quarter of this year. ... Co. in Jacksonville. Half of the 16 FDIC-insured banks headquartered in the Jacksonville area did ... banks rose by 4 percent. The Jacksonville Bank was one of two local banks to ...

  • Santa Claus, the Easter Bunny, and Federal Trust Funds 24 Nov 2009 06:47 GMT
    ... The national debt went up by a factor of 25+ in the 19th Century and ... commercial banks fail, will Congress allow the FDIC to renege on insured bank accounts? Or will Congress at long last ...

  • Fed in fresh talks with big banks on TARP repayment plans 24 Nov 2009 06:46 GMT
    ... Fed in fresh talks with big banks on TARP repayment plans By Matthew Smith, PK Semler ... funds, it is understood. Those banks include Bank of America (NYSE:BAC), Citigroup (NYSE:C), Fifth Third ... then other regulators like the OCC and FDIC assess the financial conditions of the banks ...

  • Freddie Mac fears big hit from lender 24 Nov 2009 06:11 GMT
    ... Washington Post Staff Writer Tuesday, November 24, 2009 , the government-backed mortgage ... Taylor, Bean & Whitaker and a regional bank with which it did business. McLean-based Freddie ... working with the debtor in possession, the FDIC and other creditors to quantify these exposures," ...

  • Solving Whose Problem? 24 Nov 2009 06:00 GMT
    ... with successive administrations of both parties pushing banks and other lenders to make mortgage loans ... nearly a million dollars. Why would a bank lend that kind of money to them ... an election coming up in 2010. The Federal Deposit Insurance Corporation is also running low ...

  • Freddie Mac fears big hit from failed lender 24 Nov 2009 05:34 GMT
    ... Washington Post Staff Writer Tuesday, November 24, 2009 , the government-backed mortgage ... Taylor, Bean & Whitaker and a regional bank with which it did business. McLean-based Freddie ... working with the debtor in possession, the FDIC and other creditors to quantify these exposures," ...

  • Freddie Mac trying to minimize exposure from failed lender, regional bank: Mortgage giant files claim with $1 billion in assets at risk 24 Nov 2009 05:34 GMT
    ... Washington Post Staff Writer Tuesday, November 24, 2009 , the government-backed mortgage ... Taylor, Bean & Whitaker and a regional bank with which it did business. McLean-based Freddie ... working with the debtor in possession, the FDIC and other creditors to quantify these exposures," ...

  • Taking from Peter to pay Paul 24 Nov 2009 05:33 GMT
    ... When the Federal Deposit Insurance Corp. acted recently to force banks to prepay their insurance fees through 2012, ... two warnings. One is simply that the FDIC is on the ropes. The other is ...

  • Freddie Mac trying to minimize exposure from failed lender, regional bank 24 Nov 2009 05:30 GMT
    ... Washington Post Staff Writer Tuesday, November 24, 2009 , the government-backed mortgage ... Taylor, Bean & Whitaker and a regional bank with which it did business. McLean-based Freddie ... working with the debtor in possession, the FDIC and other creditors to quantify these exposures," ...

  • Humberto Cruz: Keep watch over credit card, bank accounts to avoid fees 24 Nov 2009 04:36 GMT
    ... Keep watch over credit card, bank accounts to avoid fees Every weekday morning, ... website. Ostensibly to avoid such fees, many banks offer automatic "overdraft protection" programs that temporarily ... period, the Center estimates based on a Federal Deposit Insurance Corporation study, and 27 million ...

  • Business briefs 24 Nov 2009 04:35 GMT
    ... The U.S. personal savings rate has risen this year after dropping to levels near ... Klein, president and CEO of the State Bank of Defiance. "Consumers have also been more ... that their funds are protected through a FDIC insured account verses an uninsured investment. The ...

  • Chase shrugs off loss of CD investors 24 Nov 2009 04:33 GMT
    ... Since JPMorgan Chase took over Washington Mutual's banking operations last fall, billions of ... or CDs at WaMu, analysts say the bank is smart to rid itself of expensive, ... Chase took it over. "But they're all FDIC (insured), so what are you gonna do? ...

  • Go Ahead and Yell. He's Everyone's Punching Bag. 24 Nov 2009 04:32 GMT
    ... Sunday, November 22, 2009 at 5:18 a.m. Banks often hire Norman Radow to handle the ... regulators shut down in September after the Federal Deposit Insurance Corporation concluded that the bank’s ... get an extension but concedes that the bank isn’t making it easy for him. PB ...


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