Federal Housing Finance Board

(redirected from Federal Home Loan Bank 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 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.
At that time, the Federal Home Loan Bank System consisted of 12 Banks (similar in charter and organization to the 12 Federal Reserve Banks), the Federal Savings and Loan Insurance Corporation (similar to the FDIC), the Home Owners Loan Corporation, the Federal Home Loan Bank Board (analogous to the Federal Reserve Board) to oversee the System, and charter federal savings and loans (equivalent to the Office of the Comptroller of the Currency).
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.
4, 1986, by the Federal Home Loan Bank Board because of major losses that led to its insolvency.
We learn of the increasing importance of thrifts in the residential mortgage market between 1900 and 1930 and of the Depressionera federal regulatory structure that saved the industry from collapse--the Federal Home Loan Bank Board (a federal chartering agency), the Federal Savings and Loan Insurance Corporation (provider of deposit insurance), and the Federal Housing Administration (guarantor of home mortgages).
In the last days of 1988, the Federal Home Loan Bank Board (F.
In the future, any substitute investments may also include senior unsubordinated direct obligations of the Federal Intermediate Credit banks, Federal Home Loan Bank Board, Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation that are non-callable and non-prepayable.
All government contracts from the defense industry to cities would have found their contracts could have been invalidated if the Supreme Court would have ruled against the thrifts' favor,'' said Goldberg, also a former general counsel with the defunct Federal Home Loan Bank Board.
Imperatore Professor of Economics at New York University Stern School of Business and a former member of the Federal Home Loan Bank Board (FHLBB).
6 and has been charged with conspiracy and making false statements to the Federal Home Loan Bank Board.
In March of this year the Board, together with the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Home Loan Bank Board, adopted a CRA Policy Statement to provide guidance to institutions and to community groups and to clarify a number of issues that have arisen in enforcing the CRA.

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