FDIC’s Bair Sets to Shatter CRA Myth

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FDIC’s Bair Sets to shatter cra myth ball Contents Graystone mortgage llc nmls #18163 agencies counsel consumers Calculate home values (zestimates) Rancho mirage proper Ask the FDIC’s Sheila.

Last week Bloomberg published the transcript from an interview with Federal Deposit Insurance Corp. Chairman Sheila Bair where she talks about why IndyMac’s high-risk lending and mortgage losses make it "unattractive". Bair believes the high risk loans will force the agency to strengthen the firm and find a buyer.

Bair also faced questions over coordination between safety and soundness oversight and consumer-focused regulation. Not only has the FDIC created a new consumer division to manage enforcement of rules created by the new Consumer Financial Protection Bureau, but the CFPB now holds an FDIC board seat under Dodd-Frank, giving it a role in handling.

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FDIC’s Bair Sets to Shatter CRA Myth In alluvial channels, it is widely accepted that river channel configuration is set by a formative flow that represents a balance between the magnitude and frequency of flood flows. The formative flow is often considered to be one that is just capable of filling a river channel to the top of its banks.