Tag Archives: New York State Department of Financial Services

Due to financial instability, Sac City, Iowa-based Citizens Bank has been placed in receivership by the FDIC, marking the fifth U.S. bank failure reported this year.

The FHFA will host a hybrid hearing of the Appraisal Subcommittee exploring the appraisal regulatory system focusing on appraisal standards, appraiser qualification criteria, and barriers to entry into the profession.

The transaction includes the purchase of certain loan portfolios from Signature Bridge Bank totaling $12.9 billion, and the assumption of $34 billion in deposits by Flagstar.