Resolution Funding Corporation

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Resolution Funding Corporation (RefCorp)

A government agency established by Congress in 1989 to issue bailout bonds and raise funds for the activities of the Resolution Trust Corporation, as well as to administer struggling institutions inherited from the disbanded Federal Savings and Loan Corporation.

An agency established by the Financial Institutions Reform, Recovery and Enforcement Act of 1989 to fund the Resolution Trust Corporation, which in turn was charged with bailing out insolvent savings & loan associations. REFCORP funded its own activities by issuing zero-coupon bonds through the US Treasury.

Resolution Funding Corporation (REFCORP)

The federal agency responsible for issuing up to $40 billion of long-term debt required to finance activities of the Resolution Trust Corporation, a group that closed and merged insolvent thrift institutions during the late 1980s and early 1990s. The principal of REFCORP debt is backed by zero-coupon Treasury bonds.

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Bailout Bond Domestic series REFCORP			Conforming the nonconforming" has been the GMAC-RFC mantra since its founding in 1982 as Resolution Funding Corporation, and that concept--modified for each overseas market--so far has worked worldwide. GMAC-RFC international(e): around the globe, GMAC-RFC is spreading ... by Taylor, Marshall / Mortgage Banking 6 billion in 1989) and to transfer to the Resolution Funding Corporation (REFCO) any net proceeds it receives from sales of assets acquired from the RTC upon termination of the RTC (on or before December 31, 1996). Understanding obligations of the FSLIC by Cairns, John B. / Journal of Accountancy government and (iii) direct obligations of any of the following federal agencies (which are not fully guaranteed by the full faith and credit of the United States of America) which are rated 'Aaa' by Moody's and 'AAA' by S&P: Federal National Mortgage Association (FNMA), Federal Home Loan Mortgage Corporation (FHLMC), Resolution Funding Corporation (REFCORP) and Federal Home Loan Bank System. Fitch Ratings Affirms Colorado DOT TRANs at 'AA' by Business Wire			Residential Communities Initiative residential development residential mortgage Residential Mortgage Backed Securities Residential Mortgage-Backed Security residential property Residential Sales Council residential service contract residual Residual Assets Residual Claim Residual Cover Residual Dividend Approach Residual Income Residual method Residual Return Residual Risk Residual Security Residual Value Residuals residuary Resiliency Resistance Resistance Level Resolution Resolution Funding Corporation Resolution Trust Corporation Resource Conservation and Recovery Act Resource Recovery Revenue Bond Resourcing RESPA Respijtdagen Respite Care respondeat superior Respondent Responsabilidad limitada Responsabilidad solidaria Resquilleur Resserrement du credit Rest and Recreation Leave Restatement restatement of laws Restituicao de imposto restore restraining order restraint on alienation Restriccion del acceso al informe crediticio Restricted Restricted Account restricted appraisal report Restricted Asset			Resolução Administrativa Resolución de Calificación Ambiental resolute resolute Resolute Bay Resolute, Northwest Territories, Canada - Resolute Bay resolutely resolutely resoluteness resoluteness resolution resolution resolution resolution resolution resolution resolution Resolution (microscopy) Resolution Advisory Resolution and Collection Corporation Resolution Asset Management Resolution Bandwidth resolution by a jury resolution chart Resolution Enhancement Lithography Assisted by Chemical Shrink Resolution enhancement technology resolution error resolution factor Resolution Funding Corp Resolution Funding Corp. Resolution Funding Corporation Resolution Funding Corporation Bonds Resolution Health Medical Scheme Resolution Improvement TECHnology resolution in azimuth resolution in range Resolution Independent Object Resolution Island Resolution of a force Resolution of a nebula Resolution of disputes Resolution of disputes Resolution of forces resolution of the court Resolution of the identity Resolution of the Identity Density Functional Theory Resolution On First Call Resolution phase resolution reading Resolution Sensitivity Resolution Systems Institute Resolution Tester Resolution theorem Resolution Trust Corp Resolution Trust Corp. Resolution Trust Corporation Resolution Trust Corporation Resolution Trust Corporation

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