FDIC: ‘Close’ to settling suit vs WaMu execs
June 19, 2011 by
Filed under mortgage loans
FDIC: ‘Close’ to settling suit vs WaMu execs
Federal bank regulators say they are close to settling their civil lawsuit against three former top executives of Washington Mutual accused of negligence in allowing risky mortgage lending at the biggest U.S. bank ever to…
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Regulators close 3 banks in Florida, Georgia
July 31, 2010 by
Filed under mortgage insurance
Regulators close 3 banks in Florida, Georgia
WASHINGTON (AP) — Regulators on Friday shut two banks in Florida and one in Georgia, lifting to 106 the number of U.S. banks to fail this year as the industry has struggled to cope with mounting loan defaults and recession. The Federal Deposit Insurance Corp. took over the banks: [...]