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Federal Deposit Insurance Corporation

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Top Federal Deposit Insurance Corporation Articles

Displaying items 85-96
  • 5 years after the Great Recession: Where are we now?

    5 years after the Great Recession: Where are we now?
    It was the worst U.S. economic calamity since the 1930s. Over 18 months, the Great Recession erased trillions of dollars in wealth, destroyed 8 million jobs and robbed tens of thousands of their homes. More than half of adults lost a job or saw a cut in...
  • Regulators tell South End Savings to grow lending in lower-income areas

    Regulators tell South End Savings to grow lending in lower-income areas
    South End Savings, a $35 million-asset savings and loan founded in 1914, has been told by regulators that it "needs to improve" on its lending to low- and moderate-income areas. The Homewood-based institution was one of nearly 100 U.S. banks with...
  • UCLA's John Villasenor takes you inside the world of cryptocurrencies (think bitcoin)

     UCLA's John Villasenor takes you inside the world of cryptocurrencies (think bitcoin)
    You can donate to a PAC, buy a Tesla or order a Domino's pizza using bitcoin. California just repealed a ban on such cryptocurrencies, so the question is not only "Now what?" but "What?," period. Any currency that's not tied to something like gold is...
  • Feds put out false stats on mortgage fraud

    Feds put out false stats on mortgage fraud
    In front of news cameras, federal authorities have talked tough about combating mortgage fraud. But behind closed doors, some FBI offices didn't even list mortgage fraud as a top priority, and the Department of Justice repeatedly promoted inflated...
  • Microsoft says goodbye to Windows XP operating system

    Microsoft Corp. is finally pulling the plug on a piece of technology that has refused to go away. On Tuesday, the software giant will stop supporting Windows XP, the still ubiquitous computer operating system that's been around for almost 13 years, an...
  • Progressive ships location-tracking devices to volunteer policyholders

    Progressive ships location-tracking devices to volunteer policyholders
    It seemed unlikely only a year ago. Big U.S. car insurers had spent the past few years reassuring customers that the monitoring devices they installed in vehicles as a way of rewarding safe driving didn't track location. But as part of a pilot program...
  • Heartbleed computer bug shouldn't be dismissed

    Heartbleed computer bug shouldn't be dismissed
    If your heart skipped a beat when you heard about the latest major online security threat, a bug called Heartbleed, calm down. It's not worth having a heart attack over. But you can't dismiss Heartbleed, either. You likely will have to change some...
  • Former Treasury Secretary Timothy Geithner defends bailout

    Former Treasury Secretary Timothy Geithner defends bailout
    Former Treasury Secretary Timothy Geithner is convinced he saved the country from a depression and regular Americans from ending up in shantytowns and bread lines. And he's taking another shot at convincing you too. In his new book, "Stress Test," he...
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  • One in 10 Illinois banks not profitable in 1Q

    One in 10 Illinois banks not profitable in 1Q
    Nearly 11 percent of the Illinois' banks and thrifts were unprofitable in the first quarter, compared with only 7 percent nationally that didn’t make any money, according to a quarterly report issued Wednesday by the Federal Deposit Insurance Corp....
  • Sallie Mae's loan terms violated rights of military service members, officials say

     
    About 60,000 service members will receive a cut of $96 million in settlements that federal regulators announced Tuesday with student loan servicer Sallie Mae over allegations that its terms violated service members' rights. Authorities alleged Sallie...
  • Shareholders File Suit Against Higher One

    A Connecticut law firm has filed a class action shareholder lawsuit in federal court against New Haven's Higher One, a company that offers debit cards to college students around the country. The lawsuit, filed Tuesday in U.S. District Court in...