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Unsafe and Unsound Banking Practices: Brokered Deposits

Agency: " Federal Deposit Insurance Corporation." SUMMARY: The FDIC is identifying an additional business relationship, or "designated exception," that meets the "primary purpose" exception to the deposit broker definition. FOR FURTHER INFORMATION CONTACT: Division of Risk Management Supervision: Rae-Ann Miller, Associate Director, 898-3898,.

The FDIC s New Appeals Process Is Officially In Effect - Finance and Banking

Acting Director Thompson Named to Head FHFA

The current acting director of the Federal Housing Finance Agency has been nominated to officially run the agency. The White House announced on Tuesday that Sandra L. Thompson' s name will be submitted to the Senate for formal confirmation to the post. Before being named as acting director earlier this year Thompson had served as FHFA's deputy director of Housing Mission and Goals since 2013 , overseeing FHFA's housing and regulatory policy, capital policy, financial analysis, fair lending, and all mission activities for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. She also worked for the Federal Deposit Insurance Corporation (FDIC), for more than 23 years in a variety of leadership positions, most recently as Director of the Division of Risk Management Supervision. Thompson is

Biden Set to Nominate Sandra Thompson to Lead Fannie-Freddie Regulator

MBA, USMI Endorse Thompson As Next FHFA Director

President Biden on Tuesday formally nominated Acting Director Sandra L. Thompson to be the next director of the Federal Housing Finance Agency (FHFA). Biden named Thompson the acting director in June, succeeding Mark Calabria. That decision came hours after the Supreme Court overturned a provision that prohibited the president from firing the FHFA director at will.

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