Category Archives: Regulatory Issues

Posted on January 22, 2009

By Switching Their Charters, Banks Skirt Supervision

At least 30 banks since 2000 have escaped federal regulatory action by walking away from their federal regulators and moving under state supervision, taking advantage of a long-standing system that allows banks to choose between federal and state oversight, according to a Washington Post review of government records.

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Posted on January 7, 2009

Proposed Interagency Appraisal and Evaluation Guidelines Issued

The major federal bank, thrift and credit union regulators issued proposed Interagency Appraisal and Evaluation Guidelines that clarify risk management principles and internal controls for ensuring that financial institutions’ real estate collateral valuations (both appraisals and evaluations) are reliable and support their real estate-related transactions. Continue reading →

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