Federal Deposit Insurance Corporation (FDIC)

FDIC's Bair calls for mortgage transparency

Sheila Bair, the chairman of the Federal Deposit Insurance Corporation, the body responsible for deposit insurance in the US, has called for a return to common sense and back-to-basics lending standards.

Fed likely to pass buck on predatory lending

An article published in the American Banker journal says that consumer groups hoping for the Federal Reserve Board to start cracking down on predatory lenders may be sorely disappointed when the central bank takes up the issue Wednesday.

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