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, Volume 4
U.S. Government Printing Office, 1987 - Banking law - 530 pages
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accounting action additional adopted allow amount areas assets Association authority basis believe bill billion bonds borrowings capital Chairman Committee concern Congress consider continue Corporation costs debt deposit direct Direct Investment Regulation direct investment rule earnings economic effect examination extend fact failed failures Federal Home Loan Federal Savings Financing Financing Corporation forbearance FSLIC funds going Gould Gray hearing holding Home Loan Bank House increased industry insurance fund interest investments issue January League legislation LEVY LIBRARY limited Loan Bank Board Loan Insurance losses Office operating percent period position practices premium present problem proposed PSLIC question reasons recapitalization regulation regulatory reserves result risk rule Savings and Loan savings institutions special assessment statement supervisory term Thank thrift tion unsafe Washington worth
Page 316 - OS 261, 275 , (1943 ) ("An unexpressed purpose of Congress to set aside statutes of the states regulating their internal affairs is not lightly to be inferred and ought not to be implied where the legislative command, read in the light of its history, remains ambiguous'); FTC v.
Page 510 - Edwin J. Gray, Chairman Federal Home Loan Bank Board 1700 G...
Page 498 - ORPOS advises and assists the PSAs and Board with respect to matters of policy, legislation, or regulation relating to its functions as the Board requests. Moreover, ORPOS performs for the Board any monitoring, evaluation, post-examination review, processing of applications, or other functions deemed necessary or appropriate by the Board to ensure the integrity and efficiency of the examination and supervisory functions. In...
Page 323 - The board shall supervise the Federal Home Loan Banks created by this Act, shall perform the other duties specifically prescribed by this Act, and shall have power to adopt, amend, and require the observance of such rules, regulations, and orders as shall be necessary from time to time for carrying out the purposes of the provisions of this Act.
Page 416 - We also must address the issue of public confidence in the Nation's federally insured thrift system, in a decisive and expeditious manner, which conveys maximum certainty to the public that the problems of the thrift deposit insurance fund are being dealt with in a way which merits their full confidence in the thrift system, now and in the future. For a year and a half now, I have been saying the thrift insurance fund must be recapitalize.
Page 418 - Corporation as receiver under appointment by the Federal Home Loan Bank Board. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION...
Page 321 - Corporation"), which shall insure the accounts of institutions eligible for insurance as hereinafter provided, and shall be under the direction of a board of trustees to be composed of five members and operated by it under such bylaws, rules, and regulations as it may prescribe for carrying out the purposes of this title.