"As mortgage money becomes harder to get and real estate prices go down even more, the solvency of many banks is called into question," Plath said. "The Fed is moving to protect the solvency of the banking industry by maintaining integrity."

Even so, the exact outcome is left to be seen, Weber said.

"One must have a bit of fate in the FDIC that they are going to be able to take care of whomever fails," she said.