We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 54

Mortgage delinquencies continue to rise as foreclosures level off
  • Alston & Bird LLP
  • USA
  • May 19 2010

Earlier today, the Mortgage Bankers Association released its latest national delinquency survey, which presents a mixed picture for the housing markets


Treasury releases completed transactions report showing more CPP transactions
  • Alston & Bird LLP
  • USA
  • March 11 2009

Yesterday, Treasury released a completed transactions report showing its most recent round of completed funding under the Troubled Asset Relief Program


Congressional Oversight Panel issues report on foreclosure mitigation
  • Alston & Bird LLP
  • USA
  • March 6 2009

This morning, the Congressional Oversight Panel (COP), established by Section 125 of the Emergency Economic Stabilization Act of 2008, issued a report entitled "The Foreclosure Crisis: Working Towards a Solution."


SEC to hold roundtable regarding credit rating agencies
  • Alston & Bird LLP
  • USA
  • March 7 2009

Yesterday, the SEC announced that it would hold a roundtable discussion on April 15, 2009, relating to "its oversight of credit rating agencies."


New York Fed chief calls for regulatory reforms
  • Alston & Bird LLP
  • USA
  • March 7 2009

At a speech on Friday at a conference hosted by the Council on Foreign Relations, Federal Reserve Bank of New York President William C. Dudley reviewed the roots of the current financial and economic crisis and prescriptions for recovery


Treasury announces auto supplier support program
  • Alston & Bird LLP
  • USA
  • March 20 2009

Yesterday, the Treasury Department announced an auto supplier support program that is intended "to help stabilize the auto supply base and restore credit flows in a critical sector of the American economy" by addressing concerns that "banks are unwilling to extend credit" against auto supplier receivables due from auto manufacturers "due to the uncertainty about the ability of the auto companies to honor their obligations."


Treasury releases latest transactions report
  • Alston & Bird LLP
  • USA
  • March 17 2009

Yesterday, Treasury released another transactions report, listing a total of $1,455,160,000 of Capital Purchase Program investments in 19 financial institutions in 17 states and the District of Columbia, ranging in size from $425,000 invested in Haviland Bancshares in Kansas to $1,224,558,000 invested in Discover Financial Services


FDIC announces closing of sale of IndyMac
  • Alston & Bird LLP
  • USA
  • March 20 2009

On Thursday, the FDIC announced the completion of its previously announced sale of IndyMac Federal Bank FSB to OneWest Bank, FSB, a newly formed federal savings association organized by IMB HoldCo LLC


AIG files preliminary proxy statement disclosing new director nominees and planned departure of CEO
  • Alston & Bird LLP
  • USA
  • May 22 2009

Yesterday, American International Group, Inc. (AIG) filed a preliminary proxy statement with the the SEC for its upcoming annual meeting of stockholders


Treasury releases completed transactions report, including additional loans to Chrysler and GM
  • Alston & Bird LLP
  • USA
  • May 22 2009

Today, Treasury released a completed transaction report disclosing that two financial institutions had repurchased an aggregate of $77,193,000 of preferred stock issued to Treasury under the Capital Purchase Program (CPP), and one other financial institution that had previously repurchased Treasury's preferred stock paid an additional $1,200,000 to purchase Treasury's warrants, reducing Treasury’s total investment in financial institutions under the CPP (net of repayments) to $197,869,419,000