Are appraisals accurate enough to impose death sentences on banks when there is such confusion in value terminology, assumptions and interagency appraisal guidance? Recent evidence from the commercial mortgage-backed security market suggests not.
Are appraisals accurate enough to impose death sentences on banks when there is such confusion in value terminology, assumptions and interagency appraisal guidance? Recent evidence from the commercial mortgage-backed security market suggests not.
It's become a tool for enforcing the Fair Housing and Equal Credit Opportunity Acts, but regulators haven't provided a framework for banks to carry out the actual intent of the CRA - prudently serving community credit needs.
It's become a tool for enforcing the Fair Housing and Equal Credit Opportunity Acts, but regulators haven't provided a framework for banks to carry out the actual intent of the CRA - prudently serving community credit needs.
The FDIC's job in this instance is simply to recover as much taxpayer money as possible from a bank failure, not to right the scales of justice, a D&O insurance lawyer says.
Let's turn the playbook inside out and attack the Democrats as the 1%, as Wall Street and as favoring irresponsible deregulation and dismantling of consumer protections.
The Office of Financial Research and the Department of Homeland Security bear uncanny similarities of purpose and origin, rising out of the ashes of two national catastrophes.
