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The Federal Deposit Insurance Corp. issued prompt corrective actions against five banks in January, telling them to either raise capital or be acquired by another institution.
February 24 -
As the Transaction Account Guarantee program is such an important issue to community banks, I read with interest Ms. Barbara Rehm's column titled "Rehm on TAG: Don't Extend it, End it." The piece omitted discussion of the reasons the TAG was created by the FDIC in the first place and why those reasons are still valid today.
February 24
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The leadership of the American Bankers Association pushed attendees at this year's Conference for Community Bankers to stand united in public, while urging them to push lawmakers to sign onto a bill to address examination appeals.
February 24 -
Commerce National Bank & Trust in Winter Park, Fla., has entered into a consent order with the Officer of the Comptroller of the Currency that requires it to clean up its loan portfolio and bolster its capital levels.
February 24 -
Bank of America Corp. has stopped selling some residential mortgages to Fannie Mae, saying that it let its contract expire in part due to ongoing disputes over mortgage repurchase claims.
February 23 -
The Consumer Financial Protection Bureau received about 2,300 complaints from borrowers about mortgage servicers in December, and that pace has been steady ever since, a senior advisor at the agency said Wednesday.
February 23 -
A push by the nascent consumer bureau to make a small fix to the Dodd-Frank Act is drawing favorable reviews from the banking industry.
February 23 -
Banks strategizing about the best ways to unload real-estate owned properties face tough choices on whether to pay for costly repairs, auction off homes or attempt to sell them to investors.
February 23 -
A California judge gave former IndyMac Bancorp. Chief Executive Michael Perry time to appeal a ruling that puts him in the crosshairs of a $600 million lawsuit accusing him of negligence for signing off on risky mortgages at the time of the housing collapse.
February 23 -
The agency's research on the sector includes some larger institutions that still fit the community bank mold, while discounting smaller banks with a narrow focus.
February 23



