Recent Bank Failures and Regulatory Initiatives: Hearing Before the Committeee on Banking and Financial Services, House of Representatives, One Hundred Sixth Congress, Second Session, February 8, 2000 |
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accounts activities applications assess audit auditors backup examination Bank of Keystone bank's banking industry BestBank borrowers capital census tract Chairman LEACH Committee concerns consumer conventional home-purchase coordination cost credit card Credit Educators credit histories credit risk denial rates deposit insurance funds depository institutions economic ensure failed FBAs FDIC Board FDIC's Federal Deposit Insurance Federal Reserve financial institutions Financial Services fraud HAWKE Hispanic HLTV HMDA data home-purchase loans home-purchase mortgages identify income increased institution's insured institutions interagency interest rate risk internal controls involved issues KANJORSKI LAFALCE losses lower-income and minority manufactured homes manufactured-home lenders million monitoring National Bank percent portfolio potential predatory lending prime lenders problem proposal recent bank failures regulatory reports require responsibilities retained interests risk management safety and soundness securitization SEIDMAN special examination standards statement subprime and manufactured-home subprime lending subprime loans supervision supervisory TANOUE Thank underwriting
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Page 95 - ENTERPRISES of the COMMITTEE ON BANKING AND FINANCIAL SERVICES of the US HOUSE OF REPRESENTATIVES...
Page 114 - I appreciate the opportunity to testify on behalf of the Federal Deposit Insurance Corporation (FDIC) concerning the Basel II international capital accord and the federal banking and thrift agencies' recent draft guidance on commercial real estate lending.
Page 76 - Office oversees the financial safety and soundness of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to ensure that they are adequately capitalized and operating safely.
Page 56 - The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation...
Page 112 - Transactions relating to the expenditure of public funds require the highest degree of public trust and an impeccable standard of conduct. The general rule is to avoid strictly any conflict of interest or even the appearance of a conflict of interest in Government-contractor relationships.
Page 109 - Auditors should be alert to situations or transactions that could be indicative of fraud, abuse, or illegal acts with respect to the program.
Page 15 - ... avoiding the necessity of a sharp and destabilizing move later on. This is why I believe the March 25th move was prudent. I voted in favor of it because I thought it would help prolong the expansion and contribute to the goals of maximum sustainable employment and maximum sustainable growth. Thank you. [The prepared statement of Hon. Laurence H. Meyer can be found on page 142 in the appendix.] Chairman LEACH. Thank you very much, Mr. Meyer. Since it is now part of the public record, let me just...
Page 64 - I look forward to hearing your testimony today, and I look forward to working with all of my colleagues on this committee in this new budget year.
Page 169 - At the same time, however, it is important to note that these reviews have become less frequent for most small banks (with assets of $250 million or less) in recent years.