Former Regulator May Be Tapped To Monitor Foreclosure Settlement
An outspoken critic of big banks and their mortgage practices leading up to the financial crisis may be tasked with making sure they comply with a lon...
An outspoken critic of big banks and their mortgage practices leading up to the financial crisis may be tasked with making sure they comply with a lon...
The Huffington Post | Bonnie Kavoussi | Posted 08.25.2011
Sheila Bair, outgoing chair of the Federal Deposit Insurance Corp., said on Friday that the American government and financial system are in danger of ...
Tom Silva | Posted 05.25.2011
America is a nation of optimists. Just two years after declaring this the worst financial crisis since the Depression, it now appears that we are starting to ante up again by releasing our cash.
Halsey Minor | Posted 05.25.2011
The FDIC is presiding over one of the greatest wealth transfers in American history. And if no one speaks up, it will continue to hand American businesses off to international bankers for pennies on the dollar.
Halsey Minor | Posted 05.25.2011
Banks bailed out because they were too big to fail get bigger as they swallow the portfolios of smaller banks the government decides are expendable. Projects like mine are considered collateral damage.
AP | JIM KUHNHENN | Posted 05.25.2011
WASHINGTON — A top government banking regulator wants Senate Democrats to let banks keep most of their business in complex – and profitabl...
Shan Wells | Posted 05.25.2011
The upcoming battle over banking regulations promises to have every bit of the nutty gasbagging we witnessed last summer as the health care debate raged.
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
Only about a third of the homeowners who have successfully completed the trial period of the Obama administration's mortgage modification program have...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
One of the nation's top banking regulators reiterated her support for an independent agency to protect borrowers from predatory lenders, putting her a...
washingtonpost.com | Binyamin Appelbaum | Posted 05.25.2011
Lending by the banking industry fell by $587 billion, or 7.5 percent, in 2009, the largest annual decline since the 1940s, the Federal Deposit Insuran...
Posted 05.25.2011
WASHINGTON (MARCY GORDON -- AP) -- Federal banking regulators are considering a plan to link the insurance premiums U.S. banks must pay to the degree ...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
FDIC Chairman Sheila Bair indicated Thursday that she is exploring the idea of reducing the principal on as much as $45 billion in mortgages her agenc...
wsj.com | SIMMI AUJLA and SARA LIN | Posted 05.25.2011
The property slump is hitting home for Sheila Bair, chairman of the Federal Deposit Insurance Corp. -- one of the few regulators who saw trouble in th...
bloomberg.com | Margaret Chadbourn and Alison Vekshin | Posted 05.25.2011
May 27 (Bloomberg) -- U.S. "problem" banks climbed 21 percent to the highest total in 15 years in the first quarter, and provisions set aside for loan...
AP | MARCY GORDON | Posted 05.25.2011
WASHINGTON — The nation's banks turned a profit in the first quarter, but the number of problem banks jumped to the highest level in 15 years an...
Robert Kuttner | Posted 05.25.2011
The JFK Presidential Library gives a Profile in Courage Award to public officials who took a stand that took a lot of integrity and nerve.
AP | MARCY GORDON | Posted 05.25.2011
WASHINGTON — Federal regulators now say the nation's banks lost $32.1 billion in the final quarter of last year, even worse than the $26.2 billi...
Don McNay | Posted 05.25.2011
There has been talk about appointing a new "Systemic Risk Regulator." This "Super Czar" would oversee all of the financial services industry. We had a "Super Czar" last year. His name was Henry Paulson.
Michael Pento | Posted 05.25.2011
We all should be painfully aware by now that there is nothing held inside the Social Security and Medicare trust funds but a bunch of IOUs. But the FDIC's Deposit Insurance Fund as well?
Huffington Post | Posted 05.25.2011
Television news magazine 60 Minutes went behind-the-scenes to show viewers what happens when a bank fails. 60 Minutes correspondent Scott Pelley fol...
Bloomberg | Alison Vekshin | Posted 05.25.2011
March 4 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair said the deposit insurance fund could dry up amid a surge in bank failures...
Wall Street Journal | Posted 05.25.2011
The Obama administration intends to keep Federal Deposit Insurance Corp. Chairman Sheila Bair in her post, Democrat officials said Wednesday. Ms. Bai...
William Fisher | Posted 05.25.2011
According to the Mortgage Bankers Association, some 1.2 million homes were in foreclosure during the second quarter of 2008, and that number is expected to increase.
Robert Reed | Posted 05.25.2011
Some infighting is considered good sport, even in the Obama era. But pushing out Federal Deposit Insurance Corp. Chairman Sheila Bair is not a wise, nor politically astute, decision.
Wall Street Journal | Posted 05.25.2011
WASHINGTON -- Disagreements over how to structure a federal foreclosure-prevention program are complicating and potentially delaying what is likely to...
The Huffington Post | Jillian Berman | Posted 12.12.2011