Treasury, CBO, and GAO Reports on FNMA, FHLMC, and the Federal Home Loan Bank System: Hearings Before the Subcommittee on Housing and Community Development of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Second Congress, First Session, May 15, 29, 1991, Volume 4
United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development, United States
U.S. Government Printing Office, 1991 - 391 pages
Avis des internautes - Rédiger un commentaire
Aucun commentaire n'a été trouvé aux emplacements habituels.
Autres éditions - Tout afficher
able activities additional affordable agency areas assets authority believe Board borrowers capital requirements capital standards Chairman GONZALEZ changes concerns Congress continue cost created debt developed effective ensure enterprises example fact families Fannie Mae Federal Home Loan FHLBank finance Freddie Mac funds going GSEs guarantee hearing Home Loan Bank housing important income increase institutions interest interest rate investment issue legislation lenders less look losses Mae and Freddie Mae's mean meet million mission mortgage neighborhoods Office operations original oversight percent portfolio problem proposal purchase question ratio reason recommendations regulator regulatory requirements responsibility result risk safety and soundness secondary market Secretary securities serve stress test subcommittee taxpayer Thank things Treasury underwriting
Page 197 - I am inviting a group of our leading bankers to meet with me, the Secretary of the Treasury and the Chairman of the Federal Reserve Board in the near future.
Page 276 - IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, Ml, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM...
Page 240 - MBS, we. take the credit risk, as the name implies, although about $12 billion of those loans are loans insured by the Federal Housing Administration (FHA), or guaranteed by the Veterans Administration (VA) , and therefore backed by the government.
Page 149 - Mae), the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Student Loan Marketing Association (Sallie Mae).
Page 192 - SUBCOMMITTEE ON HOUSING AND COMMUNITY DEVELOPMENT, COMMITTEE ON BANKING, FINANCE AND URBAN AFFAIRS, Washington, DC.
Page 254 - Harlem, Brooklyn, the Bronx, and the Lower East Side of Manhattan — are being developed by 18 different community groups. For several groups, these represent their first ventures into the development of permanent housing. A subsidiary of The Enterprise Foundation identified individual projects and helped structure the transactions. The City of New York sold the properties for $1 each, and New York City and State each provided very-low-interest mortgages.
Page 208 - Federal agency" means any department, agency, corporation, or other entity or instrumentality of the executive branch of the Federal Government, including the United States Postal Service, the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation. (6) The term "Federal building...
Page 253 - Low-Income Rental Housing Equity Investments Since 1986, when the Congress authorized a program of tax credits for investments in qualified low-income rental housing projects, Fannie Mae has undertaken selected investments in such projects to help promote the development of affordable rental housing.