[ad_1] The Federal Housing Finance Company (FHFA) did not adequately record desktop appraisal reviews, which clouds information at the effectiveness of the desktop appraisal program, in step with a file printed by means of the FHFA Workplace of the Inspector Basic (OIG). The OIG carried out an audit of FHFA’s oversight of Fannie Mae’s and […]
Fed OIG highlights shortcomings in Fed’s oversight of Silvergate Financial institution
[ad_1] The Silvergate Financial institution headquarters in Los angeles Jolla, California. The Federal Reserve issued an government abstract of a document at the central financial institution’s supervisory oversight of the defunct Silvergate Financial institution, whose speedy lack of uninsured deposits from the crypto {industry} spurred the financial institution’s voluntary self-liquidation in March.Bloomberg Information WASHINGTON — […]