Topic: Sheila Bair

U.S. trying to assess foreclosure crisis scope: FDIC

WASHINGTON (Reuters) - Financial regulators are trying to gauge the scope of improper processing of foreclosures while banks need to assess their level of risk exposure, banking regulator Sheila Bair said on Sunday.Federal Deposit Insurance Corp Chairman Sheila Bair said in an ...

Regulator Bair questions homeowner subsidies

WASHINGTON (Reuters) - U.S. policymakers need to focus on affordable rental housing, rather than just extend federal homeownership incentives that benefit a limited number of Americans, bank regulator Sheila Bair said on Monday.Bair, chairman of the Federal Deposit Insurance Corp, said taxpayer ...
FDIC Chairwoman Bair says US needs better lending standards to avoid recurrence of 2008 crisisThe head of the Federal Deposit Insurance Corp. said Monday that the U.S. needs better lending standards and greater transparency in the markets to avoid a recurrence of ...

Debate flares over Obama housing plan

President Barack Obama's new 275-billion-dollar mortgage plan will start working " very, very quickly," his top housing official said Thursday, after Republicans mounted attacks on the initiative.A day after Obama unveiled the new strategy in Arizona, one of the states worst-hit by ...
So Sheila Bair will hang around as head of the FDIC in the Obama administration. From what I can tell, Sheila Bair's plan to revive the housing and financial markets begins and ends with easing the loan terms of every delinquent subprime ...
This is a curious post that I came across at the WSJ Real Time Economics site (strange only because I can't find a link to follow to the author). "Rod Dubitsky, the head of asset-backed securities research at Credit Suisse who probably ...
The debate over how to stop foreclosures rages on. The FDIC's Sheila Bair is at the forefront of the crusade to modify mortgage loans to help stem foreclosures. Bair doesn't focus on the lenders, she just wants loans modified and says the ...
The debate over how to stop foreclosures rages on. The FDIC's Sheila Bair is at the forefront of the crusade to modify mortgage loans to help stem foreclosures. Bair doesn't focus on the lenders, she just wants loans modified and says the ...
Sheila Bair warns of a " If the head of the FDIC knows of something that trumps bondholders' fiduciary duty, I'd love to hear what it is.. Sheila Bair's obsession with loan mods is nutty--but is characteristic of the political cowardice, masquerading ...
At the Philadelphia Inquirer, real estate writer Alan Heavens offers possible explanations for reported high delinquency rates on modified loans: [Emph. One problem with loan mods that no one mentions, and that Bair glosses over, is that the lender and the borrower ...
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