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News About (OTS) OR ("Office of Thrift Supervision")
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Senate Committee Approves Comptroller, Fed Official - 2 Trump nominees approved...
Republicans want to dismantle. Otting came under fire ... At the confirmation hearing, Otting defended his tenure and ... North Dakota -- voted against Otting's nomination. "Instead of
Bank Unloads Mortgage Business - New York Community Bank acquired business from...
In late 2009, the Office of Thrift Supervision seized and closed down AmTrust Bank. The ... was appointed conservator of AmTrust by the OTS, accepted a bid by New York Community
Former OneWest CEO Tapped to Head OCC - Trump to nominate Joseph Otting | June 6, ...
Paulson bought the company in 2009 through a government auction. OneWest named Otting CEO in ... before being replaced. Otting will probably face ... As CEO, Otting arguably had
Democrats Hammer Mnuchin on One West Bank - Confirmation hearing held by Senate...
Office of Thrift Supervision that OneWest failed to follow procedures when foreclosing on homeowners. During a forum Wednesday by Senate Democrats, Christina Clifford, of Carlsbad
Treasury Secretary Candidate Has Mortgage History - Steven Mnuchin contender for...
Joseph Otting, CEO of OneWest ... ranking other banks worse. Otting said at the Los ... years later, the U.S. Office of Thrift Supervision, citing questionable foreclosure practices across
FDIC Settlement Nets Chase Over $600 Million - Agreement tied to WaMu acquisition ...
Bank was seized by the Office of Thrift Supervision -- becoming the biggest bank failure in U.S. history. The now-defunct OTS appointed the Federal Deposit Insurance Corp. as
Consent Orders Against Servicers Terminated - Servicing orders originally issued...
Board and the Office of Thrift Supervision, there were 14 consent orders issued. ... was hit with an order from the Office of Thrift Supervision -- an entity that was folded into the
Big Decision in Repurchase Lawsuit - Case involves loans originated by WaMu...
Bank was seized by the Office of Thrift Supervision and handed over to the Federal Deposit Insurance Corp. as receiver. The failure of the Seattle-based financial institution,
Supreme Court Sides With LOs in Overtime Lawsuit - Mortgage Bankers Association's ...
Court has agreed to hear the issue. LOs Challenging OT Appeals Decision (Sept. ... Win Appeal in LO OT Case (July 3, 2013 ... formal rulemaking process. OT Still Dominates Mortgage
FIRREA Saves Chase Again in Lawsuit - Lawsuit by city of Los Angeles dismissed...
Office of Thrift Supervision. The OTS, which has since been merged into the Office of the Comptroller of the Currency, appointed the Federal Deposit Insurance Corp. as receiver of
Former IndyMac to Be Acquired - Deal announced Tuesday | July 21, 2014 | Mortgage ...
D-N.Y.), the Office of Thrift Supervision seized and closed down the Pasadena, Calif.-based company in July 2008. At the time, it was the biggest thrift failure in U.S. history.
Supreme Court to Hear LO Overtime Case - Decision in favor of Mortgage Bankers...
Related: LOs Challenging OT Appeals Decision (Sept. 5, 2013) ... Bankers Win Appeal in LO OT Case (July 3, 2013) A ... process. Government Sued Over LO OT Ruling (Jan. 12, 2011) A
Former Directors, Officers of Failed SC Bank Sued - FDIC files federal lawsuit...
However a copy might still be available at www.postandcourier.com Related: OTS Seizes SC Institution Years of losses were too much for a South Carolina thrift that was seized by
Movie Actor Alleges Jumbo Predatory Lending - Armand Assante fighting Eastern...
Feldman, who served as the originator on the transaction. He claims that Feldman -- who was hit with an Office of Thrift Supervision civil money penalty in 2011 -- wanted to put
Federal Regulators Rein In AMCs - Proposed rule issued | March 24, 2014...
Office of Thrift Supervision. next story back to current headlines Financial Regulation News | Mortgage Regulations Bank and mortgage regulators, regulations and regulatory
Dodd Frank Drives Some Banks to State Charters - State regulators more...
Office of Thrift Supervision. As part of the Dodd Frank Wall Street Reform and Consumer Protection Act of 2010 financial industry reforms, however, that office was merged into the
LOs Challenging OT Appeals Decision - Appeals court recently ruled in favor of...
Stories about legal settlements, judgments and mortgage class actions. LOs Challenging OT Appeals Decision Appeals ... Appeal in LO OT Case (July 3 ... Sued Over LO OT Ruling (Jan. 12
Mortgage Bankers Win Appeal in LO OT Case - DC appeals court requiring rulemaking ...
Appeal in LO OT Case DC appeals court ... Related: Government Sued Over LO OT Ruling (Jan. 12, 2011) A ... position on originator overtime. OT Still Dominates Mortgage Employment
OneWest Laying Off Hundreds in Texas - Staff reduction follows notice of MSR sale ...
July 2008 by the Office of Thrift Supervision. A consortium of private investors with ties to J.C. Flowers & Co. LLC, Paulson & Co., MSD Capital L.P., Stone Point Capital LLC, SSP
OneWest Selling Big Chunk of Servicing Portfolio - Deal reached to sell MSRs...
Office of Thrift Supervision in July 2008. Before its failure, IndyMac serviced $153 billion in home loans. OneWest's servicing division, IndyMac Mortgage Services, had a
3 Bank Failures in 1 Day - Recent financial institution closings | April 21, 2013 ...
Office of Thrift Supervision entered a supervisory agreement with the bank in April 2010. First Federal reported $94 million in deposits as of the end of last year. Its $100
NY Firm Sued Over Fraudulent FHA Certifications - Lawsuit filed against Golden...
Office of Thrift Supervision investigation into the activities of its president or his involvement in an OTS civil money penalty. U.S. v. Movtady. Case No. 13-cv-02227, April 4,
1st Bank Failure of 2013 - Recent financial institution failures | Jan. 14, 2013 |...
Bank's allowance for loan and lease losses. TierOne was closed down by the Office of Thrift Supervision in June 2010. "Aesoph and Bennett merely rubber-stamped TierOne's
Despite Settlement, BofA MBS Litigation Battles Go On - Recent activity in MBS...
The now defunct Office of Thrift Supervision took over Denver-based United Western in January 2011 in a bank failure that was expected to deplete the FDIC's Deposit Insurance Fund
2 of 3 Bank Failures Friday in Florida - Recent financial institutions to fail...
May 2010 by the now-defunct Office of Thrift Supervision. The winning bid for First East Side came from Stearns Bank, N.A., which acquired all of its $67 million in assets and