Real estate blog entries tagged with ots

Blog entries tagged with "ots":

ots: Bank Failure - Another Bank Closed this Weekend. - 08/03/08 10:40 AM

It seems to becoming a pattern that over the weekends, and after the close of business on Wall Street the... FDIC and OTS are closing bad banks. There is no time to make a move withdrawing money from your accounts late on a Friday night or on a Sunday. There is … (30 comments)

ots: News: OTS Director Approves Basel II Proposal - 07/03/08 06:39 AM

Well, Treasury's not wasting any time. This from yesterday's OTS press release:
OTS Director Approves Basel Proposal for Alternative Approach
Washington, D.C. - The Director of the Office of Thrift Supervision approved today an interagency proposal for public comment that would offer savings institutions the option of adopting a less complex … (6 comments)

ots: **IMPORTANT!** Awaiting the New Government Plan for the Federal Reserve! - 03/30/08 08:12 PM

Pay attention!! Big changes are going to be proposed tomorrow in Washington DC that deal with the financial well being of the nation. Already the plan has opened a very sharp debate an no one is talking but my fear is that it may send out the wrong message that things … (18 comments)

ots: Mortgage industry regulation imminent? It is according to the OTS - 02/06/08 10:39 PM

OTS Director Reich Addresses National Association of Mortgage Brokers Washington, D.C. — Feb. 6, 2008 Office of Thrift Supervision Director John Reich addressed the National Association of Mortgage Brokers today during its Legislative & Regulatory Conference in Washington.“We believe that there may be two potential areas where OTS could play a … (5 comments)

ots: Alpharetta Bank Fails & Mortgage Related Issues Are to Blame | FDIC Shuts Alpharetta Based NetBank Down Today - 09/28/07 08:05 PM

I was searching for some Atlanta local news this evening and I came across something I wasn't looking for. It seems that as of 3PM today the Federal Deposit Insurance Corporation FDIC and the Office of Thrift Supervision shut down a local bank which is Internet based and has no physical … (23 comments)

ots: There Goes The Neighborhood - 02/10/07 08:49 AM

Many grassroots organizations and elected political officials have worked tirelessly to enact legislation to assist Americans in rural and urban areas with access to adequate banking services. In part those efforts have resulted in the creation of the Community Reinvestment Act (CRA). This act has provided many Americans with the opportunity … (1 comments)