I personally think they didn't want us there.
Is that a fair comparison, given that WaMu's lending practices departed radically from historically safe products and pr...
On Exhibit 51b, if you will take a look at that exhibit, this is a 2005 memo entitled, 'Insured Institutions' Exposure t...
That interagency position is not binding, is that correct?
We followed our normal protocols under the interagency agreement, and on August 14, we sent the OTS a letter.
What consequences can you expect when most customers only make minimum payment in terms of the borrower's reaction to a ...
But will you remind all the institutions?
Loans were risky, were they? They had multiple risk factors layered on top of each other.
OTS recommended to WaMu that it should compensate loan processors based on the quality of the loans that they made.
And helps the public.
That could come back again.
Is that in your judgment adequate regulation?
I should not have to remind you the FDIC has no role until the PFR (the primary regulator) rules on solvency.
That is the kind of bureaucratic speech which I think sends the message to people you regulate.
Was it important in order for you to have a basis that you have access?
All right. The IG report... found that Option ARMs were 47 percent of the loans in WaMu's portfolio.
I think the American taxpayers and the American people expect a lot more from their regulators than what we have seen in...
I support very much what you said because I think it's critical that Iran understand the seriousness of our purpose and ...
