Federal Home Loan Bank Board and Federal Savings and Loan Insurance Corporation, a Study of Relationaships: Staff Report [of] Subcommittee on Housing, Pursuant to S. Res. 160U.S. Government Printing Office, 1956 - 121 pages |
From inside the book
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... agencies involved . The study and the report were conducted with the assistance and the cooperation of James B. Cash , Jr. , member of the staff of the Banking and Currency Committee . The report , with staff con- clusions , is ...
... agencies involved . The study and the report were conducted with the assistance and the cooperation of James B. Cash , Jr. , member of the staff of the Banking and Currency Committee . The report , with staff con- clusions , is ...
Page 3
... agencies of the National Housing Agency . In turn , the Federal Home Loan Bank Administration , together with the ... agencies adminis- tered under the Board . This proposal was advanced to the Congress as Reorganization Plan 2 of 1956 ...
... agencies of the National Housing Agency . In turn , the Federal Home Loan Bank Administration , together with the ... agencies adminis- tered under the Board . This proposal was advanced to the Congress as Reorganization Plan 2 of 1956 ...
Page 9
... agencies in applying credit restraints consistent with Federal fiscal policy . In 1950 the Board acted to restrain access to Federal home- loan bank advances shortly after the outbreak of fighting in Korea . This action , later ...
... agencies in applying credit restraints consistent with Federal fiscal policy . In 1950 the Board acted to restrain access to Federal home- loan bank advances shortly after the outbreak of fighting in Korea . This action , later ...
Page 12
... agencies and private groups is that uneasiness over the " conflict of interest " issue has developed for the most part as a result of the extraordinary growth of savings and loan associations since 1945 . Actually there are fewer ...
... agencies and private groups is that uneasiness over the " conflict of interest " issue has developed for the most part as a result of the extraordinary growth of savings and loan associations since 1945 . Actually there are fewer ...
Page 14
... agencies in which top management occasionally overrides the recommendations of its subordinate departments . Some testimony in hearings on Reorganization Plan No. 2 of 1956 tended to create the impression that there exists today some ...
... agencies in which top management occasionally overrides the recommendations of its subordinate departments . Some testimony in hearings on Reorganization Plan No. 2 of 1956 tended to create the impression that there exists today some ...
Common terms and phrases
action administrative agencies applications for insurance approval assets board of trustees borrowing authority Budget Chairman changes Committee Comptroller Congress consolidated obligations district bank Division of Federal Division of Supervision encourage local thrift established existing identity FDIC Federal associations Federal charter Federal Home Loan Federal home-loan banks Federal Reserve System Federal Savings functions funds home financing Home Loan Bank Home Owners home-financing institutions identity of management increase insurance of accounts insured associations insured institutions interest investment JOHN SPARKMAN June 30 liability liaison loan associations Loan Bank Board Loan Bank System loan institutions Loan Insurance Corporation Loan League Loan Operations Loan System management contribute member institutions membership officers opinion organization percent series policies present primary purposes procedures promote protection recommendations regional banks regulations relationship Reorganization Plan respect responsibility Savings and Loan separate management State-chartered associations Subcommittee supervisory agents supervisory authority thrift associations tion Total Treasury United States Senate
Popular passages
Page 79 - Government in the field of home finance is with the Federal Home Loan Bank Board. That agency performs functions dealing with the Federal Home Loan Bank System, the Federal Savings and Loan System, and the Federal Savings and Loan Insurance Corporation. The Federal Home Loan Bank System is designed to provide a credit reservoir for thrift and home financing institutions.
Page 34 - Budget shall deem to be necessary in order to effectuate the transfers referred to in subsection (a) of this section shall be carried out in such manner as he shall direct and by such agencies as he shall designate. SEC. 5. Interim officers, (a) The President may authorize any person who immediately prior to the effective date of this reorganization plan...
Page 33 - Prepared by the President and transmitted to the Senate and the House of Representatives in Congress assembled, April 24, 1958, pursuant to the provisions of the Reorganization Act of 1949, approved June 20, 1949, as amended CIVILIAN MOBILIZATION SECTION 1.
Page 96 - Washington, the Acting Comptroller of the Currency shall be a member of the Board of Directors in the place and stead of the Comptroller. In the event of a vacancy in the office of the Chairman of the Board of Directors, and pending the appointment of his successor, the Comptroller of the Currency shall act as Chairman.
Page 15 - The Corporation shall reject the application of any applicant if it finds that the capital of the applicant is impaired or that its financial policies or management are unsafe ; and the Corporation may reject the application of any applicant if it finds that the character of the management of the applicant or its home financing policy is inconsistent with economical home financing or with the purposes of this title.
Page 46 - The Corporation may reject the application of any applicant if it finds that the character of the management of the applicant or its home -financing policy is inconsistent with economical home-financing or with the purposes of insurance of accounts.
Page 33 - The rates of compensation fixed for these officers are, respectively, those which I have found to prevail in respect of comparable officers in the executive branch of the Government.
Page 45 - Corporation shall deem, necessary in connection with such insurance, and (2) if the insurance is granted, to permit and pay the cost of such examinations as in the judgment of the Corporation may from time to time be necessary for its protection and the protection of other insured institutions, to permit the Corporation to have access to any information or report with respect to any examination made by any public regulatory authority and to furnish any additional information with respect thereto...
Page 39 - To enable the Board to encourage local thrift and local home financing and to promote, organize, and develop the associations herein provided for or similar associations organized under local laws, there is hereby authorized to be appropriated out of any money in the Treasury not otherwise appropriated, the sum of $150,000, to be immediately available and remain available until expended, subject to the call of the Board, which sum, or so much thereof as may be necessary, the Board is authorized...
Page 34 - SEC. 2. The said powers shall be exercised by the Secretary of Defense, subject to the direction and control of the President of the United States. In the exercise of this authority the Secretary of Defense shall encourage the development of an effective and responsible Ryukyuan government, based on democratic principles and supported by a sound financial structure, shall make every effort to improve the welfare and well-being of the inhabitants...