Depository Institutions Insider Abuse Prevention and Enhanced Powers Act of 1988

[AI summary unavailable — showing source text] Depository Institutions Insider Abuse Prevention and Enhanced Enforcement Powers Act of 1988 - Title I: Civil and Administrative Enforcement - Amends the Federal Deposit Insurance Act, the Home Owners' Loan Act of 1933, the National Housing Act, and the Federal Credit Union Act to make employees, agents, and shareholders of depository institutions subject to the administrative enforcement orders of the appropriate Federal regulatory agency. (Current law provides that only officers and directors of depository institutions are subject to such enforcement orders.) Revises the authority of the Federal Deposit Insurance Corporation (FDIC), the Federal Home Loan Bank Board (FHLBB), the Federal Savings and Loan Insurance Corporation (FSLIC), and the National Credit Union Administration (NCUA) to issue cease and desist orders concerning depository institutions within their respective jurisdictions. Allows such agencies to issue cease and desist orders to: (1) require affirmative action to correct conditions resulting from certain violations or practices, including making restitution or reimbursement, providing indemnification, rescinding contracts, or disposing of assets or loans; (2) limi…