Federal Housing Finance Board

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Federal Housing Finance Board (FHFB)

US government agency chartered in 1989 to assume the responsibilities formerly held by the Federal Home Loan Bank system.

Federal Housing Finance Board

An organization of the U.S. federal government that regulates the Federal Home Loan Banks. It was created in response to the savings and loan crisis and replaced the Federal Home Loan Bank Board. It consists of five members; four are appointed by the President of the United States and the fifth is the Secretary of Housing and Urban Development or his/her representative.

Federal Housing Finance Board (FHFB)

Regulates the 12 Federal Home Loan Banks.

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References in periodicals archive ?
The FHLB began to lend in December 1932; by December 1933, it had over $85 million of loans outstanding (Fifth Annual Report of the Federal Home Loan Bank Board, 1937, p.
Unlike the agencies for regulating banks, the Federal Home Loan Bank Board had a mandate to promote the industry it regulated.
as Senior Vice President for Great Lakes Bancorp, and as a fellow at the Federal Home Loan Bank Board, also in Washington, D.
Represented were the White House, Treasury Department, Federal Reserve System Board of Governors, Federal Housing Administration (FHA), Federal National Mortgage Association (Fannie Mae), Council of Economic Advisers, Housing and Home Finance Agency, Bureau of the Budget, Veterans Administration (VA), Federal Home Loan Bank Board and Department of Defense.
Vartanian previously served as General Counsel of the Federal Home Loan Bank Board and the Federal Savings and Loan Insurance Corporation.
And it will cause financial institutions to have to take additional risks," added Pollock, a former president/CEO of the Federal Home Loan Bank Board of Chicago.
From 1954 to 1978 Victor worked in the Office of Examinations as chief examiner for the Federal Home Loan Bank Board.
The industry regulator, the Federal Home Loan Bank Board (FHLBB), had a new chair named Richard Pratt, a charismatic academic who, like the aggressive S&Ls, fervently believed thrifts ought to be more like banks.
5 percent above the Federal Home Loan Bank Board five-year advance rate and the lender charged a 1 percent fee.
Despite the Federal Home Loan Bank Board (FHLBB) chairman's belief that historical cost information fails to account for financial institutions' true performance, a task force that was commlssioned by the FHLBB in the early 1980s recommended against any broad use of market value accounting.
6 and has been charged with conspiracy and making false statements to the Federal Home Loan Bank Board.

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