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California Federal Deposit Insurance Corp. News is an EIN News Service for real estate professionals. Constantly updated news and information about California Real Estate.
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Latest California Federal Deposit Insurance Corp. News

  • Archive | Some Washington banks are recovering, others see their options narrowing 8 Dec 2009 17:40 GMT
    ... bank that had a high concentration in real estate (lending) is just getting crushed," said Joey ... quarter, according to data compiled by the Federal Deposit Insurance Corp. In the nation as a whole, ... risks on borrowers. Though the crisis in residential real estate may have peaked, banks could ...

  • Shoals still in pathof Wall Street regulations 8 Dec 2009 02:13 GMT
    ... are on the verge of passing the House but their fate is hardly sealed. Crucial ... request of Democratic Reps. Maxine Waters of California and Melvin Watt of North Carolina. Watt ... of their money. The provision, pushed by Federal Deposit Insurance Corp. head Sheila Bair, is intended ...

  • Shoals still in path of Wall Street regulations 8 Dec 2009 01:26 GMT
    ... are on the verge of passing the House but their fate is hardly sealed. Crucial ... request of Democratic Reps. Maxine Waters of California and Melvin Watt of North Carolina. Watt ... of their money. The provision, pushed by Federal Deposit Insurance Corp. head Sheila Bair, is intended ...

  • Shoals still in path of Wall Street regulations 8 Dec 2009 00:23 GMT
    ... are on the verge of passing the House but their fate is hardly sealed. Crucial ... request of Democratic Reps. Maxine Waters of California and Melvin Watt of North Carolina. Watt ... of their money. The provision, pushed by Federal Deposit Insurance Corp. head Sheila Bair, is intended ...

  • House likely to move on regulatory reform by end of the week 6 Dec 2009 18:17 GMT
    ... House likely to move on regulatory reform by end ... (D-Kans.). The measure aims to give the Federal Deposit Insurance Corporation (FDIC) power to impose losses ... Energy & Commerce Committee Chairman Henry Waxman (D-Calif.) were also working out a deal on ...

  • House likely to move on regulatory reform by Friday 6 Dec 2009 16:57 GMT
    ... House likely to move on regulatory reform by Friday ... (D-Kans.). The measure aims to give the Federal Deposit Insurance Corporation (FDIC) power to impose losses ... Energy & Commerce Committee Chairman Henry Waxman (D-Calif.) were also working out a deal on ...

  • Regulators shut six more U.S. banks 6 Dec 2009 11:04 GMT
    ... recession and mountains of bad debt. The Federal Deposit Insurance Corp. on Friday took over Ohio's AmTrust ... loans for land acquisition, development or speculative residential construction. In addition to its branches in ... Banks have been especially hurt by failed real estate loans. Banks that had lent to seemingly ...

  • US banks continue to fail 6 Dec 2009 07:15 GMT
    ... six failures are expected to cost the Federal Deposit Insurance Corp’s (FDIC) insurance fund a total ... was the 20th to fail in Illinois. California and Florida are other most affected states. ... have a disproportionately large exposure to commercial real estate. During the credit boom it was an ...

  • Downtown Reno development: Coming and Going 6 Dec 2009 06:12 GMT
    ... in California. But that was before Nevada’s real estate crash. Reno’s downtown condo market has since ... to ride out the recession and that residential and retail activity will eventually recover. Others ... The bank was taken over by the Federal Deposit Insurance Corp, which has has sold a 40 ...

  • Regulators close 6 banks 6 Dec 2009 04:32 GMT
    ... recession and mountains of bad debt. The Federal Deposit Insurance Corp. took over AmTrust Bank, based in ... loans for land acquisition, development or speculative residential construction. In addition to its branches in ... Banks have been especially hurt by failed real estate loans. Banks that had lent to seemingly ...

  • Regulators shut AmTrust Bank in Ohio, five others 6 Dec 2009 04:31 GMT
    ... recession and mountains of bad debt. The Federal Deposit Insurance Corp. on Friday took over Ohio's AmTrust ... loans for land acquisition, development or speculative residential construction. In addition to its branches in ... Banks have been especially hurt by failed real estate loans. Banks that had lent to seemingly ...

  • 6 banks fail, tally reaches 130 6 Dec 2009 04:31 GMT
    ... six failed banks are protected, however. The Federal Deposit Insurance Corp., which has insured bank deposits since ... of AmTrust's asset problems were due to residential and land acquisition, development, and construction lending ... acquisition, development, and construction lending in Florida, California, Arizona and Nevada. AmTrust operated under the ...

  • Regulators shut AmTrust Bank in Ohio, 5 others 5 Dec 2009 20:22 GMT
    ... recession and mountains of bad debt. The Federal Deposit Insurance Corp. took over AmTrust Bank, based in ... loans for land acquisition, development or speculative residential construction. In addition to its branches in ... Banks have been especially hurt by failed real estate loans. Banks that had lent to seemingly ...

  • Six ailing U.S. banks shuttered 5 Dec 2009 17:14 GMT
    ... The Office of Thrift Supervision and the Federal Deposit Insurance Corp. announced Friday that the closures ... and insufficient capital," mostly due to heavy real estate losses in Florida, California, Arizona and Nevada, an OTS statement said. ...

  • Regulators shut AmTrust Bank in Ohio, five others 5 Dec 2009 15:16 GMT
    ... recession and mountains of bad debt. The Federal Deposit Insurance Corp. on Friday took over Ohio's AmTrust ... loans for land acquisition, development or speculative residential construction. In addition to its branches in ... Banks have been especially hurt by failed real estate loans. Banks that had lent to seemingly ...


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