News & Analysis as of

Federal Deposit Insurance Corporation Flood Disaster Protection Act

The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain... more +
The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain stability and consumer confidence in the United States banking system by insuring deposits, monitoring the health of financial institutions and managing receiverships.  less -
Husch Blackwell LLP

Why the FDIC's Consumer Compliance Supervisory Highlights Should Be on Your Reading List

Husch Blackwell LLP on

Similar to the Consumer Financial Protection Bureau’s Supervisory Highlights, the Federal Deposit Insurance Corporation (FDIC)’s Consumer Compliance Supervisory Highlights should be on your reading list. While the FDIC has...more

Orrick, Herrington & Sutcliffe LLP

FDIC releases July enforcement actions, including breaches of fiduciary duty and FDPA violations

On August 25, the FDIC announced a list of administrative enforcement actions taken against banks and individuals in July. The 10 orders include “two orders that combined a prohibition order and order to pay CMP; one combined...more

McGlinchey Stafford

FDIC Releases Consumer Compliance Supervisory Highlights

McGlinchey Stafford on

The FDIC has released its Consumer Compliance Supervisory Highlights for 2022, covering the 3,000+ state-chartered banks and thrifts the FDIC supervises, most of which are community banks that provide credit and services...more

Orrick, Herrington & Sutcliffe LLP

FDIC releases March enforcement actions

On April 28, the FDIC released a list of administrative enforcement actions taken against banks and individuals in March. The FDIC made public 11 orders including “four prohibition orders, three orders terminating deposit...more

Orrick, Herrington & Sutcliffe LLP

FDIC releases February enforcement actions

On March 31, the FDIC released a list of administrative enforcement actions taken against banks and individuals in February. The FDIC made public five orders and one notice, including “three orders of prohibition from further...more

Orrick, Herrington & Sutcliffe LLP

FDIC issues January enforcement actions

On February 24, the FDIC released a list of administrative enforcement actions taken against banks and individuals in January. The FDIC made public 11 orders, including “four combined orders of prohibition and orders to pay...more

Orrick, Herrington & Sutcliffe LLP

FDIC issues December enforcement actions

On January 27, the FDIC released a list of administrative enforcement actions taken against banks and individuals in December. The FDIC made public nine orders, including “one order to pay civil money penalty, two consent...more

Orrick, Herrington & Sutcliffe LLP

FDIC issues November enforcement actions

On December 30, the FDIC released a list of orders of administrative enforcement actions taken against banks and individuals in November. The FDIC made public nine orders consisting of “two consent orders; two orders...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, June 1, 2022

Paul Hastings LLP on

Congress- U.S. House of Representatives- Committee on Financial Services- Committee Announces June Committee Schedule- ...more

Ballard Spahr LLP

Federal agencies propose revisions to interagency Q&As regarding flood insurance (UPDATED)

Ballard Spahr LLP on

Recently, federal agencies proposed revisions to the Interagency Questions and Answers Regarding Flood Insurance. The agencies are the Comptroller of the Currency, Farm Credit Administration, FDIC, Federal Reserve Board, and...more

Ballard Spahr LLP

Federal Agencies Propose New Flood Insurance Rules

Ballard Spahr LLP on

The Federal Deposit Insurance Corporation (FDIC) recently approved proposed regulations related to the mandatory escrow and detached structure requirements for loans secured by property located in special flood hazard areas....more

Ballard Spahr LLP

Federal Agencies Propose New Federal Flood Insurance Regulations

Ballard Spahr LLP on

The Federal Deposit Insurance Corporation recently approved for release joint proposed regulations to implement provisions of the Biggert-Waters Flood Insurance Reform Act of 2012 (the Act). The proposal would amend the Flood...more

Katten Muchin Rosenman LLP

Flood Insurance Changes

On March 29, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the National Credit Union Administration, and the Farm Credit...more

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