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Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 108
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 108
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Book Description
Author: Thomas J. McCool
Publisher: DIANE Publishing
ISBN: 9780788178344
Category : Political Science
Languages : en
Pages : 138
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Book Description
Reviews the Federal Housing Finance Board's (FHFB) safety and soundness and mission compliance oversight. Evaluates (1) FHFB's annual safety and soundness and mission compliance examinations of FHFB banks; (2) other aspects of FHFB's oversight; and (3) the status of FHFB's involvement in System business. The System consists of 12 regional FHFB banks, each with its own board of directors and management, that are cooperatively owned and controlled by member institutions in their districts. However, each FHFB bank is jointly and severally liable for the System's consolidated debt. Charts and tables.
Author: James R. Hagerty
Publisher: Arcadia Publishing
ISBN: 1614236992
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
“A lucid and meticulously reported book by one of the Wall Street Journal’s ace reporters” (George Anders, Forbes contributor and author of The Rare Find). In 1938, the administration of Franklin Delano Roosevelt created a small agency called Fannie Mae. Intended to make home loans more accessible, the agency was born of the Great Depression and a government desperate to revive housing construction. It was a minor detail of the New Deal, barely recorded by the newspapers of the day. Over the next seventy years, Fannie Mae evolved into one of the largest financial companies in the world, owned by private shareholders but with its nearly $1 trillion of debt effectively guaranteed by the government. Almost from the beginning, critics repeatedly warned that Fannie was an accident waiting to happen. Then, in 2008, the housing market collapsed. Amid a wave of foreclosures, the company’s capital began to run out, and the US Treasury seized control. From the New Deal to President Obama’s administration, James R. Hagerty explains this fascinating but little-understood saga. Based on the author’s reporting for the Wall Street Journal, personal research, and interviews with executives, regulators, and congressional leaders, The Fateful History of Fannie Mae, he explains the politics, economics, and human frailties behind seven decades of missed opportunities to prevent a financial disaster.
Author: Richard H. Baker
Publisher: DIANE Publishing
ISBN: 0788189603
Category :
Languages : en
Pages : 325
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Book Description
A hearing to discuss the General Accounting Office (GAO) audit of the Federal Housing Finance Board, which is the safety & soundness & mission regulator of the Federal Home Loan Bank. Witnesses: Richard S. Carnell, Assist. Sec. of the Treasury for Financial Institutions; Nancy R. Kingsbury, Acting Assistant Comptroller General, General Government Programs, GAO, accompanied by Thomas J. McCool, Dir., Financial Institutions & Markets; & Bruce A. Morrison, Chairman, Federal Housing Finance Board. Also includes a prepared statement submitted by Federal Housing Finance Board Director J. Timothy O'Neill.
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions and Regulatory Relief
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 44
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Book Description
Author: United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Capital Markets, Securities, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 346
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Book Description
Author: The Law The Law Library
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727519556
Category :
Languages : en
Pages : 90
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Book Description
Members of Federal Home Loan Banks (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) The Law Library presents the complete text of the Members of Federal Home Loan Banks (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition). Updated as of May 29, 2018 The Federal Housing Finance Agency (FHFA) has adopted a final rule revising its regulations governing Federal Home Loan Bank (Bank) membership. The final rule adopts several key revisions included in the Notice of Proposed Rulemaking. These revisions will prevent the circumvention of the statute's membership restrictions by ineligible entities using captive insurers as conduits for Bank membership by defining the term "insurance company" to exclude captive insurers, thereby making them ineligible for Bank membership; permit any Bank that has admitted captives to membership a transition period within which to wind down its affairs with those entities; require a Bank to obtain and review an insurance company's audited financial statements when considering its application for membership; clarify the standards by which a Bank is to determine the "principal place of business" for its members, including specific standards for insurance companies and community development financial institutions; and remove obsolete provisions and make numerous non-substantive textual revisions so as to provide greater clarity. The final rule does not implement the proposed rule's provisions with respect to continuing eligibility requirements, in order, as explained below, to avoid compliance burdens that may outweigh the benefits. The specific revisions made, and the rationale for making them, are set forth in the SUPPLEMENTARY INFORMATION below. This book contains: - The complete text of the Members of Federal Home Loan Banks (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) - A table of contents with the page number of each section
Author: Harold L. Bunce
Publisher: DIANE Publishing
ISBN: 9780788137549
Category : Business & Economics
Languages : en
Pages : 234
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Book Description
This report demonstrates that a significant proportion of prospective homeowners remains underserved by the mortgage finance industry. The report reviews and evaluates the framework of housing goals that has been established by Fannie Mae and Freddie Mac. It finds that the housing goals represent a promising approach to focusing their resources on the mortgage credit needs of homebuyers. Such a programmatic emphasis by these enterprises represents an appropriate exchange for the benefits that they receive through their ties with the Federal government.
Author:
Publisher: DIANE Publishing
ISBN: 1428941266
Category :
Languages : en
Pages : 87
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 16
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Book Description
