But will you remind all the institutions?
What consequences can you expect when most customers only make minimum payment in terms of the borrower's reaction to a ...
We followed our normal protocols under the interagency agreement, and on August 14, we sent the OTS a letter.
That interagency position is not binding, is that correct?
On Exhibit 51b, if you will take a look at that exhibit, this is a 2005 memo entitled, 'Insured Institutions' Exposure t...
Is that a fair comparison, given that WaMu's lending practices departed radically from historically safe products and pr...
I personally think they didn't want us there.
So that in this exhibit, which is based on the second quarter of 2007, is it accurate to say that FDIC assigned WaMu a C...
Stated income is probably not right.
I hope you are not going to justify that.
Which is kind of, is it fair to say, heading towards a 3? Is that a fair summary?
Should it be?
Asset quality. Weak asset quality. It brought on the liquidity problems.
When I asked, what was the reason given by OTS, they said, 'We weren't given any reasons.'
There is no reason why we can't work together.
Now, as WaMu's condition continued to worsen in the summer of 2008, the FDIC conducted a capital analysis, recommended t...
So since there is no regulation on the books for these kinds of risky practices, how are we going to get them on the boo...
OTS has principal responsibility. FDIC doesn't.
