Federal Home Loan Bank Board


Federal Home Loan Bank Board
The federal agency formerly charged with regulating federal savings and loan associations and the Federal Home Loan Bank system. Abolished in 1989, its functions are now performed by the Office of Thrift Supervision and the Federal Housing Finance Board.

Black's law dictionary. . 1990.

Look at other dictionaries:

  • Federal Home Loan Bank Board — The federal agency formerly charged with regulating federal savings and loan associations and the Federal Home Loan Bank system. Abolished in 1989, its functions are now performed by the Office of Thrift Supervision and the Federal Housing… …   Black's law dictionary

  • Federal Home Loan Bank Act — The Federal Home Loan Bank Act is a United States federal law passed in 1932 under President Herbert Hoover in order to lower the cost of home ownership.It established the Federal Home Loan Bank Board to charter and supervise federal savings and… …   Wikipedia

  • Federal Home Loan Bank System — ( FHLB) A U.S. government sponsored enterprise. Twelve district banks and a Federal Housing Finance Board created by the U.S. government and owned by member financial institutions. The main purpose of the system is to provide loans to members for …   Financial and business terms

  • Home Loan Bank Board — A federal agency directing the operations of the federal home loan bank system and the federal savings and loan insurance corporation. 12 USC § 1464(a) …   Ballentine's law dictionary

  • Federal Home Loan Bank — (FHLB)  Government system created to provide credit to the savings and loan industry. In 1989 the FHLB was replaced by the Federal Housing Lending Board …   American business jargon

  • Federal Home Loan Banks — The Federal Home Loan Banks provide stable, on demand, low cost funding to American financial institutions for home mortgage loans, small business, rural, agricultural, and economic development lending. With their members, the FHLBank System… …   Wikipedia

  • Federal Home Loan Banks — Banks created under the Federal Home Loan Bank Act of 1932, for the purpose of keeping a permanent supply of money available for home financing. The banks are controlled by the Federal Housing Finance Board. Savings and loans, insurance companies …   Black's law dictionary

  • Federal Home Loan Banks — Banks created under the Federal Home Loan Bank Act of 1932, for the purpose of keeping a permanent supply of money available for home financing. The banks are controlled by the Federal Housing Finance Board. Savings and loans, insurance companies …   Black's law dictionary

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  • Federal Housing Finance Board — The Federal Housing Finance Board, also known by the abbreviation FHFB, was an independent agency of the U.S. Government. Created by the Financial Institutions Reform, Recovery and Enforcement Act of 1989 in the aftermath of the Savings and Loan… …   Wikipedia


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