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United States · Law · HR

H.R. 2056 (112th)

To instruct the Inspector General of the Federal Deposit Insurance Corporation to study the impact of insured depository institution failures, and for other purposes.

enactedUnited States· United States Congress· EN

Introduced

31 May 2011

Last action

Status

Became Public Law No: 112-88.

Sponsors

Subjects

Discovery layer

Source updated

9 March 2026

Summary

Instructs the Inspector General of the Federal Deposit Insurance Corporation (FDIC) to study the impact of the failure of insured depository institutions. Requires the study to detail: (1) the impact of loss-sharing agreements (LSAs) on the insured depository institutions that survive and the borrowers of insured depository institutions that fail; (2) the effect of FDIC policies and procedures regarding maturing LSAs; (3) the methods of ensuring the orderly end of expiring LSAs to prevent any adverse impact on borrowing, the real estate industry, and the Depositors Insurance Fund; (4) the significance of certain paper losses; (5) the success of FDIC field examiners in implementing specified FDIC guidelines regarding workouts of commercial real estate loans; (6) the application and impact of consent orders and cease and desist orders; (7) the application and impact of FDIC policies; and (8) the FDIC's handling of potential investment from private equity companies in insured depository institutions.

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Documents

19 official files

Enrolled Bill (text)

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