Board Actions

Housing Market -- statement by Governor Duke before the Senate Committee on Banking, Housing, and Urban Affairs regarding the current situation in the housing market.
-Published, February 28, 2012

Supervisory Ratings Upgrades -- issuance of guidance for evaluating whether banking organizations with $10 billion or less in assets are eligible for upgrades of supervisory ratings.
-Announced, March 2, 2012

Division of Consumer and Community Affairs -- appointment of Suzanne Killian as senior associate director and Phyllis Harwell as assistant director.
-Approved, February 28, 2012

Division of International Finance -- appointment of Michael Leahy as deputy director; Trevor Reeve as senior associate director; Christopher Erceg as associate director; David Bowman, Charles Thomas, and Beth Anne Wilson as deputy associate directors; Shaghil Ahmed and Joseph Gruber as assistant directors; Sally Davies as senior adviser; and Brian Doyle as adviser.
-Approved, February 28, 2012

Enforcement Actions -- action plans for supervised financial institutions to correct deficiencies in residential mortgage loan servicing and foreclosure processing, as required by formal enforcement actions issued by the Federal Reserve last year.
-Announced, February 27, 2012