|
Current Financial Issues:
Response to Current Financial Challenges
OCC News, Information, and Guidance Related to Current Financial Issues Facing National Banks
- December 22, 2008 -- Agencies Release Joint Mortgage Metrics Report For the Third Quarter of 2008
- December 8, 2008 -- Comptroller Dugan Highlights Re-default Rates on Modified Loans
- November 21, 2008 -- OCC Conditionally Approves First National Bank “Shelf Charter”
to Expand Pool of Qualified Bidders for Troubled Institutions
- October 30, 2008 -- Change in Capital: Treatment of Certain Claims on, or Guaranteed by, the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation: Notice of Proposed Rulemaking - Request for Comments
Rulemaking (PDF) would permit financial institutions to assign a 10% risk weight to Fannie Mae and Freddie Mac debt and the securities these entities guarantee.
- October 24, 2008 -- Comptroller of the Currency John C. Dugan Details OCC Response to Extraordinary Market Events and Offers Lessons Learned (PDF)
In a speech (PDF) to OCC managers, the Comptroller discussed the agency's response to market events of the past year and lessons learned.
- October 20, 2008 -- Covered Bonds: Issuances of U.S. Covered Bonds by National Banks
Bulletin describes how national banks' covered bond issuances may satisfy FDIC policy statement (PDF) requirement and qualify for expedited access to certain pledged covered bond collateral.
- October 14, 2008 -- Comptroller of the Currency Issues Statement on U.S. Banking Plan
- September 30, 2008 -- Deduction of Goodwill Net of Associated Deferred Tax Liability: Notice of Proposed Rulemaking-Request for Comments
Proposed rule (PDF) permits a bank to reduce the goodwill it deducts from regulatory tier 1 capital by the amount of deferred tax liability associated with that goodwill.
- September 29, 2008 -- Citigroup Agrees To Purchase Wachovia
- September 26, 2008 -- OCC Approves Applications for JPMorgan Chase Bank To Acquire assets and liabilities from Washington Mutual Bank
- September 26, 2008 -- Risk-Based Capital - Money Market Mutual Funds: Interim Final Rule - Request for Comments
Banks may assign a zero percent risk weight to asset-backed commercial paper that the bank purchases during the effective period of the interim final rule (PDF).
- September 22, 2008 -- OCC Approves Application of Morgan Stanley Bank to Convert to a National Bank
- September 19, 2008 -- OCC Approves Interim Final Rule on Bank Purchases of ABCP from Money Market Mutual Funds
- August 21, 2008 -- News Release 2008-97, OCC Interim Final Rule Encourages Public Welfare Investments by National Banks under the Housing and Economic Recovery Act of 2008
- July 30, 2008 -- Statement of Comptroller of the Currency John C. Dugan On Enactment of Housing Legislation
- July 28, 2008 -- Statement of Comptroller of the Currency John C. Dugan On Covered Bonds
- July 25, 2008 -- OCC Closes First Heritage Bank, N.A., and First National Bank of Nevada and Appoints FDIC Receiver
- July 9, 2008 -- OCC Deputy Comptroller for Credit and Market Risk Testifies Before Senate Subcommittee on Securities, Insurance, and Investment
- June 12, 2008 -- OCC Survey Finds Bank Underwriting Standards Tighten
- June 11, 2008 -- Comptroller Dugan Unveils New OCC Mortgage Metrics Report
- May 30, 2008 -- OCC Closes First Integrity Bank, N.A. and Appoints FDIC Receiver
- May 27, 2008 -- Comptroller Dugan provides the OCC's views on an agreement between the Office of Federal Housing Enterprise Oversight, the New York Attorney General, Fannie Mae, and Freddie Mac. (PDF)
- May 22, 2008 -- Comptroller Dugan Tells Lenders that Unprecedented Home Equity Loan Losses Show Need for Higher Reserves and Return to Stronger Underwriting Practices
- May 16, 2008 -- OCC Consumer Tips for Avoiding Foreclosure Rescue Scams
- May 9, 2008 -- OCC Closes ANB Financial, National Association and Appoints FDIC Receiver
- April 9, 2008 -- Comptroller Comments on Proposed FHA Housing Stabilization and Homeownership Retention Act of 2008
- April 2, 2008 -- OCC Reports Fourth Quarter Bank Trading Loss of $9.97 Billion
- March 31, 2008 -- Statement of Comptroller of the Currency John C. Dugan On the Department of Treasury Blueprint for a Stronger Regulatory Structure
- March 4, 2008 -- Comptroller Dugan Tells Senate that Industry is Fundamentally Sound, Though Credit Market Disruptions and Economic Slowdown Test Banks
- March 3, 2008 -- OCC Statement On Reporting Of Securitized Subprime Adjustable Rate Residential Mortgages
- February 29, 2008 -- OCC to Require Data from Large Bank Mortgage Servicers
- February 27, 2008 -- Comptroller Dugan Outlines Steps In Response to Losses by Banks and Investors Holding Tranches of Securities Considered Safe
- February 12, 2008 -- Comptroller Dugan Urges Action to Help Communities Suffering from Effects of Mortgage Foreclosure Crisis
- January 31, 2008 -- Comptroller Dugan Expresses Concern About Commercial Real Estate Concentrations
- January 25, 2008 -- OCC Closes Douglass National Bank and Appoints FDIC Receiver
Return to Top >
Interagency News, Information, and Guidance Related to Current Financial Issues Facing National Banks
- December 8, 2008 -- Interim Assistant Secretary for Financial Stability Neel Kashkari
Update on the TARP Program
- November 24, 2008 -- Treasury Announces Extension of Temporary Guarantee Program for Money Market Funds
- November 24, 2008 -- Joint Statement by Treasury, Federal Reserve and the FDIC on Citigroup
- November 14, 2008 -- President's Working Group Announces Initiatives to Strengthen OTC Derivatives Oversight and Infrastructure
- November 12, 2008 -- Interagency Statement on Meeting the Needs of Creditworthy Borrowers
- October 31, 2008 -- Agencies Announce Decision on Impact of Tax Change on Indirect Investments in Fannie Mae and Freddie Mac Preferred Stock
- October 24, 2008 -- Regulatory Capital Impact of Losses on Fannie Mae and Freddie Mac Preferred Stock: Interagency Statement
The Interagency Statement (PDF) discusses the effect of the tax change in the Economic Stabilization Act of 2008 on third-quarter 2008 regulatory capital calculations.
- October 20, 2008 -- Agencies Encourage Participation in Treasury’s Capital Purchase Program, FDIC’s Temporary Liquidity Guarantee Program
The federal banking and thrift regulatory agencies encourage all eligible institutions to use the Treasury Department’s Capital Purchase Program and the Federal Deposit Insurance Corporation’s Temporary Liquidity Guarantee Program.
- October 17, 2008 -- Agencies Announce Decision on Regulatory Capital Impact of Emergency Economic Stabilization Act of 2008 on Fannie Mae and Freddie Mac Preferred Stock
- October 3, 2008 -- Statement by the Board of Governors of the Federal Reserve and the Office of the Comptroller of the Currency on Wells Fargo Offer to Buy Wachovia
- September 12, 2008 -- Agencies Release Joint Mortgage Metrics Report For the Second Quarter of 2008
- September 15, 2008 -- Federal Banking Agencies Evaluating FASB's Accounting Proposals
- September 7, 2008 -- Federal Banking Agencies Issue Joint Release on Fannie Mae and Freddie Mac
- August 21, 2008 -- Expansion of Eligible Public Welfare Investments: Interim Final Rule with Request for Comment (12 CFR 24)
Interim final rule (PDF), with request for comment, implements expanded authority to make public welfare investments pursuant to 12 USC 24(Eleventh).
- June 29, 2008 -- Federal Financial Regulatory Agencies Issue Final Statement on Subprime Mortgage Lending
Return to Top >
|
|
|