Topic: John Reich
US thrifts lost $3 billion in fourth quarter, post record annual loss of more than $13 billionU.S. "While painful to the bottom line, the industry is better positioned to absorb loan losses," said James Caton, OTS director of financial monitoring.Thrifts ...
Nearly as much fun as a shoot-out at a wedding, the figurative handbags were flying at IndyMac's (IMB) funeral Friday.. The director of the Office of Thrift Supervision, John Reich, blamed IndyMac's failure on comments made in late June by ...
The $32 billion failure of U.S. mortgage lender IndyMac demonstrates just how differently the United States is governed than Canada. The director of the Office of Thrift Supervision, John Reich, blamed IndyMac's failure on comments made in late June by ...
Being "upside down" A plan by John M. Reich, the director of the Office of Thrift Supervision (regulates the S&Ls), would allow a "negative amortization certificate" lien to be put on the home. Since I believe that is unlikely to occur ...
