FSLIC


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Federal Savings and Loan Association

A federally chartered bank that specializes in taking deposits for checking and savings accounts, as well as making home mortgages. Savings and loan associations tend to be smaller than other banks and are more focused on the local communities in which they operate. It is sometimes (but not always) easier to obtain a loan from a savings and loan association because it may have better knowledge of the local market. They derive most of their funds from customer savings accounts, but they also generally have easy access to loans from the Federal Home Mortgage Banks. They are also known as thrifts. They are regulated by the Office of Thrift Supervision.

FSLIC

See Federal Savings and Loan Insurance Corporation.
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to aid the deteriorating FSLIC. CEBA provided $10,875 billion towards recapitalization of the fund and created a forbearance program for certain 'well-managed' thrifts." It also revised selected accounting standards and appraisal standards for real estate loans, and slightly increased capital standards for thrifts.
Not all financial crises are alike!
During the S&L crisis, FSLIC liquidated the failed institutions' assets and distributed the proceeds to creditors.
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So convinced were some S&L executives that their industry was invincible, that as late as December 1988 the head of the National Council of Savings Institutions was predicting that--in spite of huge losses to FSLIC and developing news stories about the industry's financial troubles and corruption--the recent increase in deposit insurance rates levied on S&Ls would be successfully repealed.
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FSLIC refused to examine whether an arbitrary and capricious standard is
How Dodd-Frank's orderly liquidation authority for financial companies violates article III of the United States Constitution
insurance funds in the FSLIC. In 1989 Congress enacted the Financial
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The tightened regulations exposed bad investments, and S&Ls begin to fail; In 1986, 54 thrifts were rendered insolvent, and the FSLIC insurance fund became insolvent.
Conning the IADC newsletters
Savings and loan associations originally obtained federal deposit insurance from the Federal Savings and Loan Insurance Corporation (FSLIC), which was established by the National Housing Act of 1934.
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Some of us old-timers remember the FSLIC takeover of FirstSouth in Pine Bluff as the beginning of a wave of S&L failures, and we worry that ANB could be the canary in the coal mine.
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The Federal Savings and Loan Insurance Corporation (FSLIC) was established by the National Housing Act of 1934 and placed under the supervision of the Federal Home Loan Bank Board.
The federal response to home mortgage distress: lessons from the Great Depression
At the time the S&Ls were deregulated, deposits in S&Ls were insured by the Federal Savings and Loan Insurance Corporation (FSLIC) up to $100,000.
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let alone established, what processes the FSLIC was "chiefly
State courts and the making of federal common law
(1) Clearly, regulatory design and agency problems have been important contributors to financial crises in the U.S., such as the collapse of the Ohio state deposit insurance fund, and more recently the collapse of the Rhode Island credit union insurance funds, not to mention the problems that contributed to the collapse of the FSLIC (Federal Savings and Loan Insurance Corporation).
Agency problems and goal conflicts

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