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Washington
Inside Washington (06/25/2010)
* WASHINGTON (6/28/10)--A recent Treasury Department inspection of the Office of Thrift Supervision found that that organization failed to properly regulate the now-failed $13-billion-in-assets BankUnited and specifically " did not impose limits or restrict BankUnited's concentration and growth in high-risk option" adjustable-rate mortgages. The report also found that the OTS did not accurately assess BankUnited’s underwriting or risk-weighting practices and allowed the thrift to improperly backdate a capital infusion, American Banker reported…


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