Items Tagged with 'Federal Insurance Deposit Corp.'


FDIC prepared to dismantle top banks

The Federal Insurance Deposit Corp. is allowed to dismantle a firm if it cannot pass through bankruptcy without posing a significant threat to the financial system. Dodd-Frank gives the FDIC the power to do that, and they plan to use it if needed.
Read More

The true price of bank failures

Estimated cost versus actual cost
The Federal Deposit Insurance Corp. estimates how much it will cost the insurance fund every time it seizes a bank. But the estimated cost and the actual cost don't always match up, leading to deeper losses than expected.
Read More

Judge tosses out BofA suit against FDIC

Lawsuit is over $1.7 million in investor losses
A federal judge dismissed Bank of America’s lawsuit against the Federal Deposit Insurance Corp. over $1.7 billion in investor losses stemming from the collapse of a large regional bank and a large mortgage lender back in 2009.
Read More

Bank regulators debate lender risk rules

How much skin-in-the-game should a bank have?
The Federal Insurance Deposit Corp. is finally meeting on Aug. 28 to address the issue of how much skin-in-the-game lenders should carry after originating mortgages sold off onto the secondary market.
Read More