Remigio Ferrara

Private Mortgage Lender

Remigio Ferrara - NMLS ID #476380
Senior Loan Officer, McLean Mortgage Corporation

11325 Random Hills Road Suite 400 Fairfax, VA 22030
Website • Office: 571-419-6632 • Cell: 703-622-6999

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Agencies reviewing treatment of collateralized debt obligations backed by trust preferred securities under final rules implementing the “Volcker rule”

December 27, 2013 by Remigio Ferrara

Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the CurrencySecurities and Exchange Commission For immediate release December 27, 2013 Agencies Reviewing Treatment of Collateralized Debt Obligations Backed by Trust Preferred Securities under Final Rules Implementing the "Volcker rule" The Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Securities and … [Read more...]

Filed Under: Banking & Consumer Reg Policy

Federal Reserve Board seeks comment on proposed amendments to Regulation A regarding emergency lending authority

December 23, 2013 by Remigio Ferrara

Release Date: December 23, 2013 For immediate release The Federal Reserve Board on Monday invited public comment on proposed amendments to Regulation A (Extensions of Credit by Federal Reserve Banks) to implement section 1101 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 1101 amended the Federal Reserve's emergency lending authority in section 13(3) of the Federal Reserve Act. As required under the Dodd-Frank Act, the proposed rule is designed to ensure that any … [Read more...]

Filed Under: Banking & Consumer Reg Policy

Federal Reserve Board advises large financial institutions to carefully evaluate transactions intended to reduce risk

December 20, 2013 by Remigio Ferrara

Release Date: December 20, 2013 For immediate release The Federal Reserve Board on Friday advised large financial institutions to carefully evaluate transactions intended to reduce risk to ensure that, if risks are shifted to a thinly capitalized counterparty or affiliated entity of the firm, any residual risk is effectively captured in the firm's internal capital adequacy assessment. Examiners will closely consider such transactions, and potential residual risks, when evaluating an … [Read more...]

Filed Under: Banking & Consumer Reg Policy

Agencies issue FAQ document regarding collateralized debt obligations backed by trust preferred securities under final rules implementing the “Volcker rule”

December 19, 2013 by Remigio Ferrara

Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency For immediate release December 19, 2013 Agencies Issue FAQ Document Regarding Collateralized Debt Obligations Backed by Trust Preferred Securities under Final Rules Implementing the “Volcker Rule” Three federal financial institution regulatory agencies today issued a FAQ (Frequently Asked Questions) document to provide clarification and guidance to banking entities … [Read more...]

Filed Under: Banking & Consumer Reg Policy

Agencies release annual CRA asset-size threshold adjustments for small and intermediate small institutions

December 19, 2013 by Remigio Ferrara

Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency For immediate release December 19, 2013 Agencies Release Annual CRA Asset-Size Threshold Adjustments for Small and Intermediate Small Institutions The federal bank regulatory agencies today announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings … [Read more...]

Filed Under: Banking & Consumer Reg Policy

Federal financial regulators extend comment period for proposed policy statement on assessing diversity policies and practices of regulated entities

December 19, 2013 by Remigio Ferrara

Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the CurrencySecurities and Exchange Commission For immediate release December 19, 2013 Federal Financial Regulators Extend Comment Period for Proposed Policy Statement on Assessing Diversity Policies and Practices of Regulated Entities Six federal financial regulatory agencies announced today that they are … [Read more...]

Filed Under: Banking & Consumer Reg Policy

Agencies issue statement on supervisory approach for qualified and non-qualified mortgage loans

December 13, 2013 by Remigio Ferrara

Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency For immediate release December 13, 2013 Agencies issue statement on supervisory approach for qualified and non-qualified mortgage loans WASHINGTON--Four federal financial institution regulatory agencies today issued a statement to clarify safety-and-soundness expectations and Community Reinvestment Act (CRA) considerations related to … [Read more...]

Filed Under: Banking & Consumer Reg Policy

Agencies issue statement on supervisory approach for qualified and non-qualified mortgage loans

December 13, 2013 by Remigio Ferrara

Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency For immediate release December 13, 2013 Agencies issue statement on supervisory approach for qualified and non-qualified mortgage loans WASHINGTON--Four federal financial institution regulatory agencies today issued a statement to clarify safety-and-soundness expectations and Community Reinvestment Act (CRA) considerations related to … [Read more...]

Filed Under: Banking & Consumer Reg Policy

Agencies issue final rule to exempt subset of higher-priced mortgage loans from appraisal requirements

December 12, 2013 by Remigio Ferrara

Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationFederal Housing Finance AgencyNational Credit Union AdministrationOffice of the Comptroller of the Currency For immediate release December 12, 2013 Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements WASHINGTON--Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal … [Read more...]

Filed Under: Banking & Consumer Reg Policy

Agencies issue final rule to exempt subset of higher-priced mortgage loans from appraisal requirements

December 12, 2013 by Remigio Ferrara

Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationFederal Housing Finance AgencyNational Credit Union AdministrationOffice of the Comptroller of the Currency For immediate release December 12, 2013 Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements WASHINGTON--Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal … [Read more...]

Filed Under: Banking & Consumer Reg Policy

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Remigio Ferrara

Senior Loan Officer, McLean Mortgage Corporation

11325 Random Hills Road, Suite 400
Fairfax, VA 22030

Website: www.mcleanlending.com/lo_rferrara.php
Office: 571-419-6632
Cell: 703-622-6999
NMLS ID #476380

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