Cover of: Federal Savings and Loan Insurance Corporation Recapitalization Act (H.R. 27) | United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Read Online
Share

Federal Savings and Loan Insurance Corporation Recapitalization Act (H.R. 27) hearings before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One-hundredth Congress, first session on H.R. 27 ... January 21 and 22, 1987. by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs.

  • 831 Want to read
  • ·
  • 30 Currently reading

Published by U.S. G.P.O., For sale by the Supt. of Docs., Congressional Sales Office, U.S. G.P.O. in Washington .
Written in English

Subjects:

Places:

  • United States.

Subjects:

  • Federal Savings and Loan Insurance Corporation,
  • Federal home loan banks -- Law and legislation,
  • Government securities -- Law and legislation -- United States,
  • Deposit insurance -- Law and legislation -- United States

Book details:

Classifications
LC ClassificationsKF27 .B5 1987
The Physical Object
Paginationiv, 530 p. :
Number of Pages530
ID Numbers
Open LibraryOL2494587M
LC Control Number87601647

Download Federal Savings and Loan Insurance Corporation Recapitalization Act (H.R. 27)

PDF EPUB FB2 MOBI RTF

Federal Savings and Loan Insurance Corporation Recapitalization Act of - Amends the Federal Home Loan Bank Act to require the Federal Home Loan Bank Board (FHLBB) to charter the Financing Corporation. Federal Savings and Loan Insurance Corporation Recapitalization Act of Pub. L. , title III, Aug. 10, , Stat. Short title, see 12 U.S.C. note. Full text of "Federal Savings and Loan Insurance Corporation Recapitalization Act of " See other formats. found: U.S. gov't manual, /92 (Resolution Trust Corporation; est'd to manage and resolve failed savings associations that were insured by the Federal Savings and Loan Insurance Corporation before the enactment of the Financial Institutions Reform, Recovery, and Enforcement Act of , and for which a conservator or receiver is appointed between Jan. 1, , and Aug. 9, ).

The Federal Savings and Loan Insurance Corporation--Financial Condition and Recapitalization Issues T-AFMD Published: Mar 3, Publicly Released: Mar 3, FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION (FSLIC) The Federal Savings and Loan Insurance Corporation (FSLIC) was created by the federal government on J , to secure the stability of the savings and loan industry. The main purpose of savings and loans, also known as S&Ls, was to receive deposits from individuals and institutions and reinvest those funds in .   Understanding the Federal Savings And Loan Insurance Corporation (FSLIC) The FSLIC was first established by Congress in as part of the National Housing d on the heels of the Great. Federal Savings and Loan Insurance Corporation (FSLIC), , abolishment of, recapitalization of, 97, resources, 41, , , FHLBB, see Federal Home Loan Bank Board Financial Institutions in the Nation™s Economy (FINE) Report, 91, Financial Institutions Monitoring System (FIMS), 75, Œ versus CAEL, Œ

(2) TRANSFER OF FSLIC ASSETS AND LIABILITIESExcept as provided in section 21A of the Federal Home Loan Bank Act, all assets and liabilities of the Federal Savings and Loan Insurance Corporation on the day before [August 9, ], the date of the enactment of the Financial Institutions Reform, Recovery, and Enforcement Act of shall be. The Financing Corporation (FICO) is a mixed-ownership Government corporation, chartered by the Federal Home Loan Bank Board pursuant to the Federal Savings and Loan Insurance Corporation. Pursuant to a congressional request, GAO discussed the need for a recapitalization of the Federal Savings and Loan Insurance Corporation (FSLIC) and analyzed a recapitalization plan that the Department of the Treasury and the Federal Home Loan Bank Board (FHLBB) found that FSLIC is in dire need of recapitalization because: (1) its primary reserves have fallen below $2 . The FSLIC would suspend insurance premiums whenever the FSLIC's reserve fund was greater or equal to 5% of all insured accounts and creditor obligations of all insured institutions. The FSLIC was administered by the Federal Home Loan Bank Board (FHLBB). Insolvency. In the s, during the savings and loan crisis, the FSLIC became insolvent. It was recapitalized with taxpayer money .