Annual Report, Volume 7,Partie 1938

Couverture
Superintendent of Documents, 1939

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Page 185 - SEC. 22. (a) In order to enable the board to carry out the provisions of this Act, the Treasury Department, the Comptroller of the Currency, the Federal Reserve Board, and...
Page 113 - In order to prevent a default in an insured institution or in order to restore an insured institution in default to normal operation as an insured institution, the Corporation is authorized, in its discretion, to make loans to, purchase the assets of, or make a contribution to, an insured institution or an insured institution in default...
Page 176 - Any such advances shall be subject to the following limitations as to amount : "(1) If secured by a mortgage insured under the provisions of title II of the National Housing Act...
Page 204 - ... (2) If secured by a home mortgage given in respect of an amortized home mortgage loan which was for an original term of six years or more...
Page 204 - Act, as amended, is amended to read as follows : "(a) Each Federal Home Loan Bank is authorized to make advances to its members upon the security of home mortgages, or obligations of the United States, or obligations fully guaranteed by the United States, subject to such regulations, restrictions, and limitations as the Board may prescribe.
Page 120 - ... (e) The Corporation shall make an annual report to the Congress of the operation by it of insured institutions in default, and shall keep a complete record of the administration by it of the assets of such insured institutions which shall be subject to inspection by any officer of any such insured institution or by any other interested party, and, if any such insured institution is operated under the laws of any State, Territory, or possession of the United States, or of the District of Columbia,...
Page 185 - Based upon reports received monthly by the Division of Research and Statistics of the Federal Home Loan Bank Board from recorders...
Page 83 - The Federal Home Loan Bank Board, the Board of Directors of the Home Owners' Loan Corporation, and the Board of Trustees of the Federal Savings and Loan Insurance Corporation...
Page 119 - Corporation of his insured account free and clear of any lien or other encumbrance, either (1) a new insured account in an insured institution not in default, in an amount equal to the insured account so transferred, or (2) at the option of the insured member, the amount of his account, which is insured...
Page 119 - ... (b) In the event of a default by any insured institution the Corporation shall promptly determine the insured members thereof and the amount of their insured accounts, and shall make available to each of them, after notice by mail at his last-known address as shown by the books of the insured institution, and upon surrender and transfer to the Corporation of his insured account...

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