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FDIC Settlement Nets Chase Over $600 Million - Agreement tied to WaMu acquisition ...
Insurance Corp. will cover more than $600 million in litigation costs paid by the bank. During ... JP Morgan Chase Bank, N.A., to take over ... Chase was Deutsche Bank National Trust Co. in
www.mortgagedaily.com/stories/SettlementChase082216.asp
 
4th Bank Failure of 2016 - The Woodbury Banking Co. fails | Aug. 22, 2016...
This time it was a financial institution out of the ... commercial real estate loans. The bank was founded in 1902 ... practices in connection with the bank," the state regulator said
www.mortgagedaily.com/stories/ClosingWoodbury082216.asp
 
Mortgage M&As Move Forward - Recent mortgage-related acquisitions and investments ...
July 28 in a deal valued at $7.1 million, the bank confirmed on its ... owned subsidiary of the bank. Oak Mortgage was ... Company Inc., Strategic Growth Bancorp, has agreed to a
www.mortgagedaily.com/stories/Mergers082216.asp
 
2 C-Suite Moves Among Mortgage Executive Activity - Recent mortgage executive...
Chen reportedly has 12 years' related experience. Fifth Third Bancorp fired Heather Russell, its general ... and met while working together at Bank of America Corp. next story back to
www.mortgagedaily.com/stories/Executives081216.asp
 
Nearly 70 Mortgage Events Scheduled Through October - Upcoming mortgage-related...
On Aug. 16, the Office of the Comptroller of the Currency is holding a risk governance workshop at the Westin Kansas City at Crown Center in Kansas City, Missouri. The event is
www.mortgagedaily.com/stories/Conferences081016.asp
 
Bankers Charged With TARP Crimes Reach 80 - Over 100 have faced civil or criminal ...
Bank of the Commonwealth, who was sentenced to 23 ... or presidents. SIGTARP touted civil cases against former Bank of America Corp. executives, including former chairman and CEO
www.mortgagedaily.com/stories/TarpCharges080916.asp
 
Mortgage Closures Include Wholesale, Correspondent - Recent mortgage-related...
31 of this year, the failed financial institution ... based financial institution. The ... is the bank-holding company for several financial institutions including the Bank of Oklahoma
www.mortgagedaily.com/stories/Closings080816.asp
 
The Business of Credit Scores - Consumer Confidential: Credit scores not created...
Joseph received recently from Bank of America after he ... of Alaska Airlines miles. The bank's decision, it said ... spokeswoman, said only that the bank uses "supplemental scores" such
www.mortgagedaily.com/consumers/TnsCredit080816.asp
 
Mortgage Business Expands at Navy FCU - Q2 production climbs 53% from previous...
The financial institution serviced 242,448 residential loans for $49.499 billion as of June 30, expanding from a portfolio of 237,963 loans for $46.267 billion three months
www.mortgagedaily.com/stories/NavyFcuProduction080816.asp
 
Stellar Growth for U.S. and Mortgage Employment - Non-bank mortgage jobs expand...
Daily estimates that total mortgage industry employment -- including jobs at financial institutions -- was around 642,600 as of the most-recent month. Estimated mortgage
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Federal Reserve
Announcements

Regulated institutions to submit self-assessments of diversity policies and practices

Agencies extend deadline for 38 resolution plan submissions

Agencies finalize rule exempting certain commercial and financial end users from initial and variation margin requirements

Federal Reserve Board invites comment on interim final rule adjusting the Board's maximum civil money penalties

Shared National Credit review finds risk remains high, but underwriting and risk management improve

Federal Reserve Board extends comment period for advanced notice of proposed rulemaking detailing conceptual frameworks for capital standards until September 16, 2016

Agencies issue proposal on method to adjust thresholds for exempting certain consumer credit and lease transactions

Agencies propose method to adjust threshold for exempting small loans from special appraisal requirements

Agencies release final revisions to interagency questions and answers regarding community reinvestment

Federal Reserve Board formalizes previously announced one-year conformance period extension for certain Volcker rule legacy fund investments

Federal Reserve Board releases annual determination of aggregate consolidated liabilities of financial companies

Federal Reserve releases results of Comprehensive Capital Analysis and Review (CCAR)

Federal Reserve releases results of supervisory bank stress tests

Agencies issue host state loan-to-deposit ratios

Agencies issue joint statement on new accounting standard on financial instruments-credit losses



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