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Tag Archives: FDIC

The Week Ahead: FDIC Discusses Affordable Mortgage Lending

This week, the Federal Deposit Insurance Corporation is conducting a webinar with the goal to increase lenders’ awareness and understanding of available mortgage lending products and services. See how to be a part of the event and what’s to come in The Week Ahead.

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Wells Fargo Repairs Resolution Plan

The FDIC and the Federal Reserve Board found that in December 2016, Wells Fargo had not yet remedied two of the three deficiencies the agencies had previously identified. Subsequently, the agencies imposed restrictions on the growth of Wells Fargo’s international and non-bank activities. The revised plan submitted by Wells Fargo in march adequately repaired the two deficiencies. Wells Fargo has remedied the deficiencies and will no longer be subject to the growth restrictions which were imposed.

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