Truemors
is reporting from
Member
NP Rank:
NP Rank:
Interesting FDIC Charts
http://yourmortgageoryourlife.wordpress.com/2008/08/28/graphs-show-gaffes-more-from-the-fdic-report/ When you hear figures from the government, the numbers do not seem so bad. Numbers like 3 percent of loans are bad are turned around by positive thinkers who say 97...
Schumer Might be Investigated Over His Role in Bank Failure
Let's start out with a little background. Senator Schumer writes a letter to federal bank regulators warning about the imminent failure of IndyMac."The U.S. Senator who leads the Senate subcommittee that oversees the Federal Reserve and economic policy has written letters to... Is my bank safe ?
" Hearing about bank closings will make any optimist uneasy about the future. so I thought this might be a good time for everyone to know if their accounts are insured and if their bank is healthy or not. Here is some info about FDIC..from FDIC.gov.What Is the FDIC? ...How to Fix the US Economy [A Personal Reflection]
There is no doubt that the Economy of our great United States of America is going from bad to worse. The culprits are many ranging from failed Government Policies to Businessmen and the people. The culprits can also include a war against terrorism which is draining the... Did Chucky Schumers Loose Lips Sink Bank?
" Chuck Schumer may have caused panic and made a bad situation a disaster. The banking regulator said it closed IndyMac after customers began a run on the lender following the June 26 release of a letter by... US Fed seized IndyMac Bank (Updated)
" UPDATES: " Troubled mortgage giant Freddie Mac is aiming to sell off three billion dollars in securities on Monday following last week's meltdown, in a potentially decisive move to heal shattered investor confidence." ..."Monday's auction comes at a time of turmoil in the... IndyMac Bank 33rd to Fail Since October 2000
On the heels of yesterday’s post about what many in news media and financial sectors are describing as the second-largest bank failure in U.S. history, I wondered how many other banks had failed in recent years. A page at the FDIC web site offered a list of 33 banks which... BANK FAILURE! IndyMac Bank Closed by FDIC
Below is the text of an FDIC news release about today’s collapse of IndyMac Bank:IndyMac Bank, F.S.B., Pasadena, CA, was closed today by the Office of Thrift Supervision. The Federal Deposit Insurance Corporation (FDIC) was named conservator. The FDIC will transfer insured... ANB Financial closure , third bank failure of the year
ANB Financial Closes doors. Third Bank Failure this Year"ANB Financial N.A., a Bentonville, Ark.-based bank, has been closed by the Office of the Comptroller of the Currency and the Federal Deposit Insurance...Foreclouser - bailout is going to be dead-on-arrival
" According to the The Associated Press (Alan Zibel 03/02/08). The word bailout isn’t popular in Washington, D.C., these days, so the efforts by both political parties to clean up the housing mess are all skirting the issue. "Anything that can be described as a...The FDIC Issues Tips on Shopping for and Negotiating a Good Mortgage
" While it may be tougher to get mortgages because of recent problems in the housing market, the latest issue of the Federal Deposit Insurance Corporation's quarterly newsletter for consumers says that "many good loan programs are still available" and offers tips to help...FDIC puts 6-mos. halt on bank approvals (AP)
" WASHINGTON - Federal bank regulators have halted for six months any new approvals of the sort of industrial banks that Wal-Mart, Home Depot and 12 other companies are seeking to establish. The directors of the Federal Deposit Insurance Corp. made the decision to impose the...The right for the whole world to own a piece of the American Dream
It may come as a terrible shock to some, but the whole world doesn't want a piece of the American Dream.
Recent Comments
Top Members Today
Top Rookies
Top Veterans
6,819
pointssweidre
Idre Mountain Resort, arna County, Sweden
233
pointsWorld_Groove
Cheney, Washington, United States
206
pointsGh0s7
Boone, North Carolina, United States