FDIC promises closer scrutiny of banks’ commercial real estate loans – American Banker | Jfk Loans

The Federal Deposit Insurance Corp. plans to take a closer look at banks’ exposure to commercial real estate loans, citing uncertainty about the future of work and trade amid the COVID-19 pandemic. The agency said its examiners will pay particular attention to examining newer loans, as well as loans in subsectors and geographic areas that … Read more

Ford is the first major ILC test of the Biden era FDIC – American Banker | Jfk Loans

WASHINGTON—Ford Motor Co. is again the application for a charter of incorporation for industrial credit, a key test for Biden administration regulators, who have been skeptical of anything that suggests banking-commerce mixing. The Ford application to the Federal Deposit Insurance Corp. would establish Ford Credit Bank as a unit of Ford Motor Credit Co. to … Read more