Topic: Office of Thrift Supervision

Smaller thrift industry breaks even in 2009

Nation's thrifts post small profit 2009 as industry shrinks after 2 years of lossesAmerica's thrifts posted a small profit last year after two years of losses, evidence the industry may be stabilizing amid the economic recovery. But the industry also saw significant consolidation as several large thrifts were ...
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Borrowers with modified loans falling into trouble

<div id="subtitle">Report says homeowners whose loan payments are cut by 20 percent or more still falling behind</div><div><p>One of the biggest challenges to ending the foreclosure crisis is this: A surprising number of homeowners who get their ...
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OTS chief doesn't expect quick financial overhaul

<div id="subtitle">Obama's financial overhaul plan doesn't concern bank regulator facing elimination</div><div><p>A top bank regulator is throwing cold water on a financial overhaul plan the Obama administration wants to see passed quickly.</p&gt ...
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Alabama bank halts mortgage lending

<div id="subtitle">New South Federal halts mortgage lending amid 3rd-quarter losses, higher foreclosure rates</div><div><p>The second-largest thrift in Alabama is suspending mortgage lending amid hefty third-quarter losses as real-estate values moved lower and foreclosure rates turned higher.&lt ...
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