ARM Workout Calls Trigger Fierce Debate
- Modification: Tentative Steps Toward a Regulatory Consensus. Hopkins, Cheyenne // American Banker;11/27/2007, Vol. 172 Issue 227, p1
This article reports that government regulators and the banking industry are developing a consensus on how to best modify subprime mortgages at risk of foreclosure. Shelia Bair of the Federal Deposit Insurance Corp. first suggested this measure months ago. However, since then the situation has...
- Ocwen: Post-Mod Defaults Low. // American Banker;12/16/2008, Vol. 173 Issue 241, p6
The article reports that Ocwen Financial Corp., a servicer of subprime mortgages, announced that its delinquency rate on its modified mortgages was well below industry averages. William Erbey, Ocwen's chief executive officer, is quoted discussing the importance of modifying loans correctly, and...
- Bair: Increase Modifications. Adler, Joe // American Banker;9/28/2007, Vol. 172 Issue 188, p3
This article reports that Federal Deposit Insurance Corp. Chairman Sheila Bair said that mortgage lenders and servicers were not being active enough in helping borrowers restructure their troubled loans. Loan modifications have been slim, despite regulatory guidelines issued in September 2007...
- FDIC's Bair Led the Way by Listening. Ducrest, John P. // American Banker;7/1/2011, Vol. 176 Issue F325, p10
The author commends Sheila Bair for her work as chairman of the U.S. Federal Deposit Insurance Corp.
- Bair: Reform Critics 'Badly Misinformed' Adler, Joe // American Banker;4/13/2010, Vol. 175 Issue 56, p3
The article presents commentary from U.S. Federal Deposit Insurance Corp. chairman Sheila Bair on what she describes as misperceptions among critics of financial reform legislation.
- Voice Of Moderation Leaves FDIC For Less Scary Realms. Platt, Gordon // Global Finance;Jun2011, Vol. 25 Issue 6, p4
The article reports that Federal Deposit Insurance Corp. chairman Sheila Bair is stepping down on his position on July 8, 2011, but she will stay for several days to sign the final rule on the living wills for financial institutions.
- Federal Regulators to Issue Commercial Mortgage Guidelines. // Journal of Property Management;Jan/Feb2010, Vol. 75 Issue 1, p8
The article reports on the testament made by Sheila Bair, chairwoman for Federal Deposit Insurance Corp. (FDIC) in the U.S., during a hearing involving commercial real estate (CRE) loans.
- Bair: Servicing Standards Must Be Part of Risk Rule. Hopkins, Cheyenne // National Mortgage News;1/24/2011, Vol. 35 Issue 17, p12
The article reports on the call of Federal Deposit Insurance Corp. (FDIC) chairman Sheila Bair in the U.S. that regulators should add servicing standards to a pending risk retention rule for the housing market. Bair explains that the Dodd-Frank risk-retention rules must also create financial...
- Bair Says Regulators Share Blame. Borak, Donna // American Banker;10/26/2010, Vol. 175 Issue 164, p1
No abstract available.