Bailout formula may be dropped from home loan bank bill

de Senerpont Domis, Olaf
June 1995
American Banker;6/26/1995, Vol. 160 Issue 121, p4
Trade Publication
Reports on the possible cancellation of a new allocation formula for the thrift bailout bond interest from the legislation proposed by Representative Richard Baker. Goal of modernizing the Federal Home Loan Bank System; Use of formula to reallocate part of the bill for the thrift bailout among 12 district home loan banks; Scheduled deliberations on Baker's proposal.


Related Articles

  • That lollapaloozan S&L tab: Washington tallies it up. Nasar, S. // U.S. News & World Report;7/9/90, Vol. 109 Issue 2, p39 

    Discusses the differing estimates from various quarters concerning the bottom line cost of the S&L bailout. Estimates counting interests costs over 40 years, estimates for paying the whole cost this year; Bailout won't boost overall spending in the economy and the additional borrowing should...

  • Baker, Treasury said to be in accord on federal home loan bank legislation.  // American Banker;5/30/1996, Vol. 161 Issue 103, p2 

    Reports on US Representative Richard H. Baker's remarks on the US Treasury position on his legislation expanding the mission of the federal home loan bank.

  • The Bailout.  // National Review;6/11/1990, Vol. 42 Issue 11, p16 

    Focuses on the savings and loan bailout in the United States in 1987. Transfer of income; Borrowing short while lending long; Subdued hard inflation; Deregulation of balance sheets; Restriction of assets to mortgages.

  • Reshaping the home loan banks. Marshall, Jeffrey // U.S. Banker;Aug95, Vol. 105 Issue 8, p17 

    Discusses the changes that the Bill Clinton Administration plans to introduce into the Federal Home Loan Bank System (FHLB) with the help of Republican forces. Introduction of a bill joining one introduced by Representative Richard Baker of Louisiana regarding the FHLB; Aims of bills; Making...

  • Finance board member backs more bank borrowing. Garsson, Robert M. // American Banker;7/7/1994, Vol. 159 Issue 129, p3 

    Reports on Lawrence Costiglio's endorsement of an amendment allowing commercial banks to increase their borrowing from the Federal Home Loan Bank system. Costiglio as member of the Federal Housing Finance Board; Richard Baker as sponsor of the amendment; Impact on comprehensive system...

  • `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.

  • House again votes to let banks raise borrowing from home loan system. de Senerpont Domis, Olaf // American Banker;7/25/1994, Vol. 159 Issue 141, p3 

    Reports on the House approval of an amendment that would permit commercial banks to borrow money from the Federal Home Loan Bank System (FHLB). Representative Richard Baker as sponsor of the amendment; Increase in the amount of advances that nonqualified thrift lender members can receive from...

  • Key lawmakers sponsor bills on membership in credit unions, home loan bank system. McConnell, Bill // American Banker;1/10/1997, Vol. 162 Issue 7, p3 

    Reports on bills to reform the Federal Home Loan Bank System and expand credit union membership in the United States. Representative Richard Baker's legislation allowing the Federal Home Loan banks to make advances for community and economic development lending; Rep. Martin Frost's bill that...

  • House bill expected making all-volunteer home loan bank system. de Senerpont Domis, Olas // American Banker;4/4/1995, Vol. 160 Issue 64, p2 

    Reports on the expected introduction of a bill that would allow voluntary membership for all institutions in the Federal Home Loan Bank System. Representative Richard Baker as author; Terms of the Baker legislation; Major obstacle to granting federal savings and loans voluntary membership;...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics