Bank Mergers Face Additional Scrutiny By FDIC
FDIC considers small businesses and residential loan originations when evaluating a merger’s competitive effects.
FDIC considers small businesses and residential loan originations when evaluating a merger’s competitive effects.
Addresses reconsiderations of value (ROV) for residential real estate transactions.
The rule is intended to ensure the credibility and integrity of Automated Valuation Models.
FDIC estimated that the second-largest bank failure in U.S. history will cost Deposit Insurance Fund $13 billion.
Says the face value of Signature Bank's portfolio is about $27 billion, and about $87 billion for SVB's portfolio.
Departure of Trump-appointed Jelena McWilliams next month expected to lead to stricter regulation as Democrats assert control.