Iowa Banking Law Blog

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Updated legal information for the financial institution industry.

Author: Dickinson Mackaman Tyler & Hagen has offices in Washington, D.C., and Des Moines, Iowa.

Blawg Related Categories: Banking Law • States • Iowa • Law Firm

Recent Posts from Iowa Banking Law Blog

FDIC Provides Guidance on Interest Rate Caps
The Federal Deposit Insurance Corporation (“FDIC”) has issued a notice entitled “Weekly National Rates and Rate Caps” in which it reminded less than well capitalized FDIC-insured institutions that they can use the redefined national rate…
Shelia Bair’s Istanbul Attack on the “Too-Big-to-Fail” Doctrine
Speaking on October 4 at the International Institute of Finance meeting in Istanbul, Turkey, FDIC Chairman Shelia Bair proposed that the “first task” of financial regulatory reform should be to scrap the “too big to…
Dealing with the Unresolved "Too-Big-to-Fail" Problem
Articles that appeared recently in The Financial Times and on Bloomberg.com highlighted the systemic problems that arise when financial entities are deemed too big to allow to fail. As the first anniversary of the failure…
FDIC Issues New Guidance for Private Equity Investors
New guidance for private equity investors is contained in the Final Statement of Policy on Qualification for Failed Bank Acquisitions (the “Final Policy Statement”) issued by the FDIC on August 26, 2009. The Final Policy…
Some Unfinished Business of the 2008 Financial Crisis
Now that Warren Buffett has opined in The New York Times that a meltdown was avoided and the economy is now out of the emergency room, it may be a good time to consider how…
Is Your Bank Complying with the MDIA?
The Mortgage Disclosure Improvement Act of 2008 requires lenders to give transaction-specific estimates of mortgage loan costs within three business days after receiving a consumer mortgage loan application. These early disclosures must be given prior…
Sheila Bair on Financial Regulatory Reform
Sheila Bair is one of the most powerful voices on financial regulatory reform. In this statement, the FDIC CChairman outlines the regulatory gaps that currently exist and outlines her take on how to best fill…
The Mighty Sword of Preemption Sheathed; State AGs Can Enforce State Lending Laws
The battle between federal banking regulation and state regulation of national banks has been brewing for years. It has been primarily a one-sided battle; the OCC has wielded the mighty sword of preemption and consistently…
Turf Battles May Impede Financial Regulatory Reform
The global credit crisis, the global recession, the decline in real estate values and the negative effects of these events on the banking industry have stimulated interest in regulatory reform of the financial sector. The…
The Credit Crisis and Commercial Impracticability
The bankruptcy of Lehman Brothers Holdings Inc. in September of 2008 resulted in a global credit crisis. It seems clear that this credit crisis has greatly exacerbated the current global recession and has been extremely…