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Federal Deposit Insurance Corporation

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Top Federal Deposit Insurance Corporation Articles

Displaying items 13-24
  • Time running out for First Mariner Bancorp to postpone interest payments to investors

    Time running out for First Mariner Bancorp to postpone interest payments to investors
    First Mariner Bancorp faces a year-end deadline to pay millions in interest or risk default. The company's weak finances and the regulatory constraints on its bank, 1st Mariner Bank, leave the Baltimore-based holding company with few options, said...
  • Hidden Maryland: Howard County police training center

    Hidden Maryland: Howard County police training center
    Near the cornfields on Old Frederick and Sand Hill roads in Marriottsville stands a slice of suburbia, and there's often trouble brewing. Some drunk might be getting out of hand at The Greene Turtle. An armed robber could be holding up the Columbia...
  • Things about Texas Gov. Rick Perry would rather not talk about

     Things about Texas Gov. Rick Perry would rather not talk about
    When I heard that Texas Gov. Rick Perry was making a trip to Maryland to lure businesses out of our state, I had to laugh out loud ("Gov. Rick Perry to visit Maryland with pitch for Texas," Sept. 12). Mr. Perry has visited Illinois, Missouri,...
  • Patapsco Bancorp names new CEO

    Patapsco Bancorp names new CEO
    Patapsco Bancorp Inc. announced Monday that Phil Phillips has been named president and CEO of the Dundalk-based bank holding company. Phillips, who had been executive vice president, replaces Michael J. Dee, who resigned from the positions he had held...
  • Unwinding Fannie and Freddie

    Unwinding Fannie and Freddie
    Fannie Mae and Freddie Mac, as it turns out, were a pleasant fiction. The quasi-government guarantors of mortgage loans seemed like a good deal for Americans during all the years when they helped guarantee the availability of affordable, long-term home...
  • Cracking down on payday loans

    Cracking down on payday loans
    Fear not, boardwalk vacationers. Labor Day may be approaching, but one of summer's favorite pastimes, the Whac-A-Mole game, is getting an extended run. We speak, of course, of Maryland's unceasing efforts to protect consumers from unscrupulous payday...
  • Maryland goes after payday lenders' banks to stop illegal loans

    Maryland goes after payday lenders' banks to stop illegal loans
    Maryland's financial regulator is trying to stop illegal online payday loans by going after the banks that help make the loans possible. "Without the payday lender's bank, the payday lender can't operate in my state," said Mark Kaufman, commissioner with...
  • Who should be the next Federal Reserve chair?

    Who should be the next Federal Reserve chair?
    Federal Reserve Chairman Ben Bernanke plans to step down when his term expires at the end of January — if not sooner — and President Barack Obama is expected to nominate a successor this fall. Right now, the front-runners appear to be former...
  • Joseph Haskins Jr. navigated Harbor Bank of Maryland through tough times

    Joseph Haskins Jr. navigated Harbor Bank of Maryland through tough times
    At one point during the three years that Harbor Bank of Maryland operated under heightened federal scrutiny, a regulator asked CEO Joseph Haskins Jr. why he stuck it out. Why not just retire? But for Haskins, one of the founders of the Baltimore bank in...
  • T. Rowe Price announces sale of its bank

    T. Rowe Price announces sale of its bank
    T. Rowe Price said it was selling its bank to New York financier Jacob M. Safra for about $24 million in light of new banking regulations that would limit other aspects of the Baltimore-based money manager's business. The bank was launched in 2000 as an...
  • Regulators issue order against Talbot County bank

    Regulators issue order against Talbot County bank
    Talbot Bank of Easton, Maryland said Friday it has entered into a consent order with federal and state regulators. That order from the Federal Deposit Insurance Corp. and the Commissioner of Financial Regulation of Maryland requires the bank to...
  • Working poor didn't cause crash

    Working poor didn't cause crash
    I must take issue with letter writer Stanley Glinka's assertion that it was "the policy of forcing banks to give loans to people who could not afford them" that led to our current financial mess ("Stop blaming Bush," May 1). First of all, we need to...