Tag: FDIC

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The FDIC’s definition for assessing subprime is ...

The FDIC has proposed a new rule that will change the way large lenders define and calculate risk for their FDIC Deposit Insurance Assessment. The revised definitions in the proposed rule rely on “probability of default” and eliminate all references to the traditional three-digit credit score used to calculate...

Read More The FDIC’s definition for assessing subprime is changing