Financial Guaranty insurers criticize FHLB school bond plan
- The Federal Home Loan Banks and the Home Finance System. Adams, Dirk S.; Peck, Rodney R. // Business Lawyer;May88, Vol. 43 Issue 3, p833
Focuses on the establishment of the Federal Home Loans Bank by the Federal Home Loan Bank Act of 1932 in the United States. Emphasis on economical home financing; Importance of financial resource for thrift industry; Nature of corporate structure and ownership of banks; Role of employees in...
- `There are no apparent safety and soundness implications'. Castiglio, Lawrence // American Banker;7/7/1994, Vol. 159 Issue 129, p3
Presents excerpts from a letter from Lawrence U. Costiglio, member of the Federal Housing Finance Board, to Representative Richard Baker, on June 30, 1994. Endorsement of amendment sponsored by Baker to the Community Development Financial Institutions (CDFI) bill.
- Senate panel FHLb proposal must narrow focus, report says. Resnick, Amy B. // Bond Buyer;07/15/99, Vol. 329 Issue 30683, p5
Features a study which concluded that a United States Senate Finance Committee proposal allowing the Federal Home Loan Banks to guarantee up to $500 million in tax-exempt school bonds each year could accomplish little for those districts that actually needs it. Analysis of the proposal by the...
- Protection checklist set up. Richardson, Dave // Travel Trade Gazette UK & Ireland;3/17/2006, Issue 2708, p20
The article reports the Association of British Travel Agents (ABTA) is planning to produce a Web site for instant checking of the travel agents finance. The changes on the financial protection rules of ABTA will be on October 2006. It has been emphasized that non-licensed package operators will...
- Treasury Study Raises Hackles at FHLBs. // National Mortgage News;4/14/2003, Vol. 27 Issue 29, p22
Reports on the U.S. Treasury Department's study of the federal home loan bank system to assess implementation of legislative reforms adopted in 1999. Relationship of the department with the banks; Key provisions of federal laws affecting the banks.
- Divisive plan on bailout bond interest is dropped from Home Loan Bank bill. de Senerpont Domis, Olaf // American Banker;7/12/1995, Vol. 160 Issue 132, p2
Reports that a controversial measure to restructure the way Federal Home Loan banks pay interest on thrift bailout bonds has been dropped from legislation to modernize the Home Loan Bank System. Reasons for removing the provision; Concern over a provision that would toughen standards for...
- Proposed Home Loan Bank changes could benefit banks. // ABA Banking Journal;Jul93, Vol. 85 Issue 7, p65
Reports on the proposed reform of the Federal Home Loan Bank System. Introduction of House Resolution 1085 by Representatives Stephen Neal and Richard Baker; Provisions; Reports of different groups on issues regarding the future of the home loan bank system.
- Squabbling over fico bond payments may derail Home Loan System update. de Senerpont Domis, Olaf // American Banker;7/14/1995, Vol. 160 Issue 134, p2
Reports on the cancellation of a US House Banking subcommittee vote on legislation to modernize the Federal Home Loan Bank System. Disagreement among the 12 Home Loan bank district presidents on how to allocate interest payments on thrift-bailout bonds; Concerns about the eventual phaseout of...
- Bill for More FHLB Guarantees. Sloan, Steven // American Banker;5/3/2007, Vol. 172 Issue 85, p3
The article reports on proposed legislation that would authorize Federal Home Loan banks to back tax-exempt bonds with standby letters of credit. U.S. Rep. Sander Levin of Michigan introduced the bill, which would have the effect of reducing costs to issue bonds for local projects. The letters...