Tag Archives: Federal Deposit Insurance Corporation

Although women holding key leadership positions in the housing industry is a rarity, there are a number of female trailblazers that have established a name for themselves in a male-dominated market.

Recent updates to reverse mortgage rules places borrowers' well-being first and helps with unanticipated issues, according to the Federal Deposit Insurance Corporation's Summer 2015 newsletter released Thursday.

Lawsuits filed by the Federal Deposit Insurance Corp., accusing Deutsche Bank, Goldman Sachs, and the Royal Bank of Scotland of fraud with regards to $840 million worth of mortgage-backed securities have been revived by the 5th U.S. Circuit Court of Appeals in New Orleans.

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) recently issued the host state loan-to-deposit ratios that the agencies will use to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. The agencies reported that Utah had the highest loan-to-deposit ratio at 101 percent, while Delaware had the lowest ratio at 47 percent.

Today, in joint release the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the Securities and Exchange Commission (SEC) agencies issued a final interagency policy statement establishing joint standards for assessing the diversity policies and practices of the entities they regulate.

The Federal Deposit Insurance Corporation (FDIC) reported in a recent press release that commercial banks and saving institutions insured by the corporation aggregate net income was $39.8 billion for Q1 2015, a 6.9 percent or $2.6 billion increase from the previous year.

Federal Deposit Insurance Corporation (FDIC) Director Jeremiah O. Norton has resigned from that position effective June 5, according to an announcement from the FDIC. Norton has served as FDIC director since April 2012.