Federal Deposit Insurance Corporation Improvement Act Fdicia Of

Definition of "Federal deposit insurance corporation improvement act (fdicia) of 1991"

Act that provides new funding for the Bank Insurance Fund and enhances the safety and soundness of the financial system. The FDICIA includes the Foreign Bank Supervision Enhancement Act (FBSEA) of 1991, whose purpose is to enhance the authority of the Federal Reserve to supervise the entry of foreign banks into the United States banking system. Once having entered, the supervision would extend to the foreign banks operating within the system as well.

Search Real Estate Glossary

Related Real Estate Glossary terms

Development Loan

Loan used by a developer for the purposes of paying development costs. A development loan is paid b ...

Nonsmoker

Health characteristic considered by an insurer underwriting an applicant for life or health insuranc ...

Optional Modes Of Settlement

Choice of one of the following available to a life insurance policy owner (or beneficiary, if entitl ...

Title Insurance

Coverage for losses if a land title is not free and clear of defects that were unknown when the titl ...

Glass-steagall Act (banking Act Of 1933)

Legislation excluding commercial banks that are members of the Federal Reserve System from most type ...

Decedent

One who has died with a valid will in effect. ...

Related Real Estate FAQ

What Is An Origination Fee?

An origination fee is a fee paid to a lender for processing a loan application. ...

What Is Homeowners Insurance?

Homeowners insurance is an insurance policy that combines personal liability insurance and hazard in ...

What Is A Gift Letter?

A gift letter is when an individual gives you money for a down payment as a gift, that person must w ...

What Is Freddie Mac?

Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

What Are Discount Points?

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

What Is A Contingency?

A contingency is a provision included in a sales contract stating that certain events must occur or ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

What is Escrow and how does it Work? What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? When to buy a house Short Sale Homes 7 Tips for a First Time Homebuyer

FAQ

How much money can I borrow to buy a home? What is a principal? What is a qualifying ratio? If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? What is an easement?