TY - JOUR T1 - PROPERTY LEFT BEHIND: AN UNINTENDED CONSEQUENCE OF A NO CHILD LEFT BEHIND 'FAILING' SCHOOL DESIGNATION AN - 1680146474; 2011-774288 AB - Under the No Child Left Behind Act (NCLB), schools receiving Title I funding that fail to meet adequate academic performance targets for two consecutive years are deemed 'failing.' This broadly defined, but often misunderstood designation has exerted a negative and unintended effect on low-income neighborhoods-the same neighborhoods NCLB was originally intended to help. Specifically, we find that 'failing' designations significantly decrease home prices. This property value response is observed even after controlling for a myriad of traditional test score measures and school-level student demographics. Additional analyses suggest that this home price effect is largely due to strong perceptions of poor school quality or social stigma surrounding a 'failing' designation. Adapted from the source document. JF - Journal of Regional Science AU - Bogin, Alexander AU - Nguyen-Hoang, Phuong AD - Federal Housing Finance Agency, 400 7th Street SW, Washington, DC, 20024. Y1 - 2014/11// PY - 2014 DA - November 2014 SP - 788 EP - 805 PB - Blackwell Publishers, Malden MA VL - 54 IS - 5 SN - 0022-4146, 0022-4146 KW - Education and education policy - Schools KW - Business and service sector - Business finance KW - Economic conditions and policy - Property and wealth KW - Education and education policy - Education personnel and population KW - Social conditions and policy - Urban conditions KW - Schools KW - Prices KW - Neighborhoods KW - Property KW - Students KW - Demographics KW - article UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1680146474?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Apais&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+Regional+Science&rft.atitle=PROPERTY+LEFT+BEHIND%3A+AN+UNINTENDED+CONSEQUENCE+OF+A+NO+CHILD+LEFT+BEHIND+%27FAILING%27+SCHOOL+DESIGNATION&rft.au=Bogin%2C+Alexander%3BNguyen-Hoang%2C+Phuong&rft.aulast=Bogin&rft.aufirst=Alexander&rft.date=2014-11-01&rft.volume=54&rft.issue=5&rft.spage=788&rft.isbn=&rft.btitle=&rft.title=Journal+of+Regional+Science&rft.issn=00224146&rft_id=info:doi/10.1111%2Fjors.12141 LA - English DB - PAIS Index N1 - Date revised - 2015-05-01 N1 - Last updated - 2016-09-28 N1 - SubjectsTermNotLitGenreText - Schools; Prices; Property; Students; Neighborhoods; Demographics DO - http://dx.doi.org/10.1111/jors.12141 ER - TY - JOUR T1 - No base left behind: the impact of military base closures on educational expenditures and outcomes AN - 1541644374; 4574763 AB - This study examines the effects of military base closures on educational expenditures and student outcomes with a national panel data set of school districts between 1990 and 2002. We adopt difference-in-differences estimation in combination with propensity score matching and instrumental variables techniques to estimate these effects. We find that per-pupil spending increases by 25.2 percent in the first year, where it remains. We also find a substantial decrease in graduation rates, but an improving trend occurs in the years after the closure Reprinted by permission of Sage Publications, Inc. JF - Public finance review AU - Phuong, Nguyen-Hoang AU - Yeung, Ryan AU - Bogin, Alexander AD - University of Iowa ; State University of New York ; Federal Housing Finance Agency Y1 - 2014/07// PY - 2014 DA - Jul 2014 SP - 439 EP - 465 VL - 42 IS - 4 SN - 1091-1421, 1091-1421 KW - Economics KW - Public finance KW - Educational expenditure KW - Education policy KW - Public expenditure KW - U.S.A. KW - Panel data KW - Military bases UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1541644374?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Public+finance+review&rft.atitle=No+base+left+behind%3A+the+impact+of+military+base+closures+on+educational+expenditures+and+outcomes&rft.au=Phuong%2C+Nguyen-Hoang%3BYeung%2C+Ryan%3BBogin%2C+Alexander&rft.aulast=Phuong&rft.aufirst=Nguyen-Hoang&rft.date=2014-07-01&rft.volume=42&rft.issue=4&rft.spage=439&rft.isbn=&rft.btitle=&rft.title=Public+finance+review&rft.issn=10911421&rft_id=info:doi/10.1177%2F1091142113482570 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2014-06-30 N1 - Last updated - 2014-07-01 N1 - SubjectsTermNotLitGenreText - 4056 11888 10472; 4074 10443 4618; 9144 8160 8163; 8059 5198 5803 9754 9965; 10445 4908; 10443 4618; 433 293 14 DO - http://dx.doi.org/10.1177/1091142113482570 ER - TY - BOOK T1 - Estate vs. Capital Gains Taxation: An Evaluation of Prospective Policies for Taxing Wealth at the Time of Death AN - 1738474376; 2011-517057 AB - Debate over the US federal estate tax has intensified recently as a result of the sunset provisions in the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) of 2001 and changes in law passed in conjunction with the "fiscal cliff" at the end of 2012. Despite recent changes in the law, there remains an open debate regarding the extent to which prospective estates comprise assets that have been taxed previously. Using wealth data on US households, this study forecasts changes in household wealth in the coming decade and calculates the importance of untaxed wealth in bequeathed estates. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Apr 1 2013, 44 pp. AU - Avery, Robert B AU - Grodzicki, Daniel AU - Moore, Kevin B Y1 - 2013/04/01/ PY - 2013 DA - 2013 Apr 01 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Property and wealth KW - Population groups, population policy, and demographics - Demography and census KW - Law and ethics - Law and jurisprudence KW - Business and service sector - Accounting KW - Banking and public and private finance - Taxation and tax policy KW - Economic conditions and policy - Economic policy, planning, and development KW - Taxation KW - United States KW - Inheritance and transfer tax KW - Assets KW - Households KW - Economic development KW - Wealth KW - Capital KW - Law KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474376?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Avery%2C+Robert+B%3BGrodzicki%2C+Daniel%3BMoore%2C+Kevin+B&rft.aulast=Avery&rft.aufirst=Robert&rft.date=2013-04-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Estate+vs.+Capital+Gains+Taxation%3A+An+Evaluation+of+Prospective+Policies+for+Taxing+Wealth+at+the+Time+of+Death&rft.title=Estate+vs.+Capital+Gains+Taxation%3A+An+Evaluation+of+Prospective+Policies+for+Taxing+Wealth+at+the+Time+of+Death&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201328/201328pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - Finance and Economics Discussion Ser. 2013-28 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Housing and Mortgage Markets in 2011 AN - 1417541164; 2011-458395 AB - The US economy continued to show signs of improvement in 2011: Economic growth, as measured by real gross domestic product (GDP), was positive throughout the year; Inflation, as measured by the consumer price index (CPI), accelerated, but only slightly; Most market interest rates declined further; Financial market liquidity improved as well; and credit spreads remained close to their levels before the onset of the financial crisis in 2008. Labor market conditions continued to improve and the unemployment rate improved to 8.5% at the end of 2011; However, while improved, the unemployment rate remained high by historical standards. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, Dec 2012, v+48 pp. AU - Federal Housing Finance Agency Y1 - 2012/12// PY - 2012 DA - December 2012 PB - Office of Federal Housing Enterprise Oversight KW - Business and service sector - Markets, marketing, and merchandising KW - Labor conditions and policy - Employment and labor supply KW - Economic conditions and policy - Economic conditions KW - Social conditions and policy - Housing KW - Business and service sector - Business finance KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Consumers and consumption KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Economic conditions and policy - Economic policy, planning, and development KW - Labor conditions and policy - Work and labor KW - Education and education policy - Statistics, research, research methods, and research support KW - Interest rates KW - United States KW - Finance KW - Housing KW - Unemployment KW - Consumer credit KW - Economic development KW - Inflation KW - Housing policy KW - Labor KW - Mortgages KW - Price indexes KW - Consumers KW - Standards KW - Economic conditions KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1417541164?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Federal+Housing+Finance+Agency&rft.aulast=Federal+Housing+Finance+Agency&rft.aufirst=&rft.date=2012-12-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Housing+and+Mortgage+Markets+in+2011&rft.title=Housing+and+Mortgage+Markets+in+2011&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/24831/MME121212web.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-08-01 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2012 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Fannie Mae and Freddie Mac Single-Family Guarantee Fees in 2010 and 2011 AN - 1417541156; 2011-458396 AB - Fannie Mae and Freddie Mac (the Enterprises) buy single-family mortgages from mortgage companies, commercial banks, credit unions, and other financial institutions. This report, the fourth prepared by the Federal Housing Finance Agency (FHFA) in fulfillment of Section 1601, covers guarantee fees charged by the Enterprises in 2010 and 2011. The report focuses on fees charged by the Enterprises for guaranteeing conventional single-family mortgages -- loans that are not insured or guaranteed by the federal government and that finance properties with four or fewer residential units. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, Aug 2012, 46 pp. AU - Federal Housing Finance Agency Y1 - 2012/08// PY - 2012 DA - August 2012 PB - Office of Federal Housing Enterprise Oversight KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Business finance KW - Banking and public and private finance - Banks and other financial institutions KW - Government - Forms of government KW - Social conditions and policy - Housing KW - Banking and public and private finance - Banking operations and services KW - Economic conditions and policy - Property and wealth KW - Federal government KW - Housing KW - Finance KW - Loans KW - Property KW - Banking KW - Credit unions KW - Housing policy KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1417541156?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Federal+Housing+Finance+Agency&rft.aulast=Federal+Housing+Finance+Agency&rft.aufirst=&rft.date=2012-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Fannie+Mae+and+Freddie+Mac+Single-Family+Guarantee+Fees+in+2010+and+2011&rft.title=Fannie+Mae+and+Freddie+Mac+Single-Family+Guarantee+Fees+in+2010+and+2011&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/24558/rp_sf_guarantee_fees_2010_2011.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-08-01 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2012 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - FHFA Technical Analysis of Principal Forgiveness AN - 1417541246; 2011-458397 AB - In January 2012, the Federal Housing Finance Agency (FHFA) released the analyses the agency had conducted since December 2010 on the feasibility and benefit of principal forgiveness as a loan modification tool. This paper presents the agency's most recent work, which considers subsidy payments the Department of the Treasury would provide to Fannie Mae and Freddie Mac (the Enterprises) for reducing principal under the Home Affordable Modification Program (HAMP). The paper includes a number of sensitivity tests related to assumptions in the January 2012 analysis and methodological changes suggested by various industry, academic, and governmental organizations. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, Jul 2012, 18 pp. AU - Federal Housing Finance Agency Y1 - 2012/07// PY - 2012 DA - July 2012 PB - Office of Federal Housing Enterprise Oversight KW - Banking and public and private finance - Credit, loans, and personal finance KW - Banking and public and private finance - Public finance KW - Social conditions and policy - Housing KW - Manufacturing and heavy industry - Industry and industrial policy KW - Banking and public and private finance - International banking and finance and financial institutions KW - Banking and public and private finance - Banking operations and services KW - Business and service sector - Business finance KW - Finance KW - Housing KW - Loans KW - Treasury KW - Subsidies KW - Benefits KW - Housing policy KW - Payment KW - Industry KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1417541246?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Federal+Housing+Finance+Agency&rft.aulast=Federal+Housing+Finance+Agency&rft.aufirst=&rft.date=2012-07-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=FHFA+Technical+Analysis+of+Principal+Forgiveness&rft.title=FHFA+Technical+Analysis+of+Principal+Forgiveness&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/24557/rp_technicalanalysisprincipalforgive.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-08-01 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2012 N1 - SuppNotes - Appendix to FHFA Review of Options N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Countercyclical Capital Regime: A Proposed Design and Empirical Evaluation AN - 1417541271; 2011-458398 AB - The Great Recession has prompted new proposals on how to design and implement a countercyclical capital regime; however, with the exception of a few theoretical exercises and the limited real world experience with dynamic loss provisioning programs, empirical examinations of how a countercyclical capital program might actually work are absent. This report offers both a specific design of a countercyclical capital regime and presents an empirical examination of how it might have worked had it been applicable to Fannie Mae's book of fixed-rate 30-year loans acquired during the period 2003-2010 -- the bulk of their credit exposure during that period. Tables, Figures, References. JF - Office of Federal Housing Enterprise Oversight, Apr 2012, 24 pp. AU - Smith, Scott AU - Weiher, Jesse Y1 - 2012/04// PY - 2012 DA - April 2012 PB - Office of Federal Housing Enterprise Oversight KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic conditions KW - Loans KW - Credit KW - Capital KW - Economic conditions KW - Housing policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1417541271?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Smith%2C+Scott%3BWeiher%2C+Jesse&rft.aulast=Smith&rft.aufirst=Scott&rft.date=2012-04-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Countercyclical+Capital+Regime%3A+A+Proposed+Design+and+Empirical+Evaluation&rft.title=Countercyclical+Capital+Regime%3A+A+Proposed+Design+and+Empirical+Evaluation&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/24538/countercyclicalcapitalregime122.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-08-01 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2012 N1 - SuppNotes - FHFA Working pa. 12-2 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Home Price Indexes for Homes in Different Price Tiers: Biases and Corrections AN - 1417541231; 2011-458399 AB - Under the repeat-transactions framework for constructing house price indexes, the paper analyzes the technical challenges associated with producing unbiased price indexes for homes in distinct price tiers. The basic problem is that the "tier" to which a given home truly belongs is unobservable and can vary over time. Various approaches to forming tiered indexes, including the methodology used in the formation of S&P/Case-Shiller tiered indexes, are analyzed. Empirical comparisons of price trends in California as a whole and two California metropolitan areas -- San Francisco and San Diego -- are shown with indexes constructed under various tier-classification schemes. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, 2012, 25 pp. AU - Leventis, Andrew Y1 - 2012///0, PY - 2012 DA - 0, 2012 PB - Office of Federal Housing Enterprise Oversight KW - Education and education policy - Information services and sources KW - Business and service sector - Business finance KW - Education and education policy - Statistics, research, research methods, and research support KW - Social conditions and policy - Urban conditions KW - California KW - San Diego, California KW - Indexes KW - Prices KW - Price indexes KW - Housing policy KW - Metropolitan areas KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1417541231?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Leventis%2C+Andrew&rft.aulast=Leventis&rft.aufirst=Andrew&rft.date=2012-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Home+Price+Indexes+for+Homes+in+Different+Price+Tiers%3A+Biases+and+Corrections&rft.title=Home+Price+Indexes+for+Homes+in+Different+Price+Tiers%3A+Biases+and+Corrections&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/24272/FHFA_Working_Paper_12-1.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-08-01 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2012 N1 - SuppNotes - FHFA Working pa. 12-1 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Housing and Mortgage Markets in 2010 AN - 1018341915; 2011-235119 AB - This Federal Housing Finance Agency (FHFA) research paper reviews developments in the housing sector and mortgage markets in the US in 2010. The paper is part of FHFA's ongoing effort to enhance public understanding of the nation's housing finance system. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, Jul 2011, 46 pp. AU - Federal Housing Finance Agency Y1 - 2011/07// PY - 2011 DA - July 2011 PB - Office of Federal Housing Enterprise Oversight KW - Social conditions and policy - Housing KW - Business and service sector - Markets, marketing, and merchandising KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Business finance KW - United States KW - Finance KW - Housing KW - Markets KW - Housing policy KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1018341915?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Federal+Housing+Finance+Agency&rft.aulast=Federal+Housing+Finance+Agency&rft.aufirst=&rft.date=2011-07-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Housing+and+Mortgage+Markets+in+2010&rft.title=Housing+and+Mortgage+Markets+in+2010&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/21846/MMErevised81011.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-06-01 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2011 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Possible Declines in Conforming Loan Limits AN - 1018341923; 2011-235123 AB - Conforming loan limits constrain the size of mortgages that Fannie Mae and Freddie Mac can purchase and securitize. Until early 2008, the loan limit was the same in all parts of the US, except in Alaska, Hawaii, Guam, and the US Virgin Islands. A series of laws has established higher loan limits in localized areas where median home values are relatively high. This Mortgage Market Note discusses the potential changes in the loan limits; provides information on the location and magnitude of the possible loan limit declines; and summarizes the underlying legislation that determines existing and future loan limits. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, May 26 2011, 6 pp. AU - Federal Housing Finance Agency Y1 - 2011/05/26/ PY - 2011 DA - 2011 May 26 PB - Office of Federal Housing Enterprise Oversight KW - Government - Forms of government KW - Banking and public and private finance - Credit, loans, and personal finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Business and service sector - Markets, marketing, and merchandising KW - Law and ethics - Law and jurisprudence KW - Banking and public and private finance - Banks and other financial institutions KW - United States KW - Federal government KW - Finance companies KW - Loans KW - Law KW - Markets KW - Housing policy KW - Legislation KW - Size KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1018341923?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Federal+Housing+Finance+Agency&rft.aulast=Federal+Housing+Finance+Agency&rft.aufirst=&rft.date=2011-05-26&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Possible+Declines+in+Conforming+Loan+Limits&rft.title=Possible+Declines+in+Conforming+Loan+Limits&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/20671/MMNote_2011-01_LoanLimit-Revised.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-06-01 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2011 N1 - SuppNotes - Mortgage Market Note 11-01 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Qualified Residential Mortgages AN - 1018341920; 2011-235122 AB - The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) reformed the securitization of financial assets. The legislation requires certain federal agencies to jointly issue regulations to require securitizers to retain an economic interest in a portion of the credit risk for residential mortgages that they use to collateralize asset-backed securities. To understand the definition set forth in the recently published Notice of Proposed Rulemaking that would implement the risk retention provision of Dodd-Frank, this data release provides historical data on loan volumes and ever-90-day delinquency rates of mortgages purchased or guaranteed by Fannie Mae or Freddie Mac. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, Apr 11 2011, 21 pp. AU - Federal Housing Finance Agency Y1 - 2011/04/11/ PY - 2011 DA - 2011 Apr 11 PB - Office of Federal Housing Enterprise Oversight KW - Government - Forms of government KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Social conditions and policy - Public safety and security KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Banking and public and private finance - Stock and commodity exchanges KW - Economic conditions and policy - Economic theory KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Economic conditions and policy - Consumers and consumption KW - Federal government KW - Assets KW - Wall Street KW - Loans KW - Credit KW - Regulation KW - Housing policy KW - Consumer protection KW - Mortgages KW - Risk KW - Economics KW - Legislation KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1018341920?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Federal+Housing+Finance+Agency&rft.aulast=Federal+Housing+Finance+Agency&rft.aufirst=&rft.date=2011-04-11&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Qualified+Residential+Mortgages&rft.title=Qualified+Residential+Mortgages&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/20686/QRM_FINAL_ALL_R41111.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-06-01 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2011 N1 - SuppNotes - Mortgage Market Note 11-02 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The HAMP NPV Model: Development and Early Performance AN - 1018341919; 2011-235121 AB - The foreclosure crisis that began in 2008 triggered the need for new approaches to treat distressed mortgages. A key component of the Obama Administration's Home Affordable Modification Program (HAMP) was the development of a standardized Net Present Value (NPV) model to identify troubled loans that were value-enhancing candidates for payment-reducing modifications. This paper discusses the development of the HAMP NPV model, its purpose, and some important constraints that dictated its structure and limitations. Tables, Figures, References. JF - Office of Federal Housing Enterprise Oversight, 2011, 40 pp. AU - Holden, Steve AU - Scharlesmann, Therese AU - Kelly, Austin AU - Singer, Ryan AU - McManus, Douglas AU - Worth, John D Y1 - 2011///0, PY - 2011 DA - 0, 2011 PB - Office of Federal Housing Enterprise Oversight KW - Government - Forms of government KW - Economic conditions and policy - Economic theory KW - Banking and public and private finance - Credit, loans, and personal finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Obama, Barack KW - Value KW - Federal government KW - Loans KW - Foreclosures KW - Housing policy KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1018341919?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Holden%2C+Steve%3BScharlesmann%2C+Therese%3BKelly%2C+Austin%3BSinger%2C+Ryan%3BMcManus%2C+Douglas%3BWorth%2C+John+D&rft.aulast=Holden&rft.aufirst=Steve&rft.date=2011-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+HAMP+NPV+Model%3A+Development+and+Early+Performance&rft.title=The+HAMP+NPV+Model%3A+Development+and+Early+Performance&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/21680/REE_HAMP_07-22-11_FINAL.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-06-01 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2011 N1 - SuppNotes - Working Paper 11-1 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Characteristics of "High Conforming Jumbo Mortgages" and Implications for the Impact of Reductions in the Conforming Loan Limits for Fannie Mae and Freddie Mac AN - 1018341917; 2011-235120 AB - The maximum loan amounts for mortgages eligible for purchase by Fannie Mae and Freddie Mac (the Enterprises), after being temporarily increased in 2008, are scheduled to be reduced in 204 locations in 27 states and the District of Columbia as of October 1, 2011. This paper describes the reductions in the loan limits and presents information on the characteristics of mortgages which were eligible for purchase by the Enterprises in certain counties in 2009 and would have been eligible for purchase prior to October 1, 2011, but not eligible on or after that date. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, 2011, 11 pp. AU - Manchester, Paul B AU - Keith, Ian H Y1 - 2011///0, PY - 2011 DA - 0, 2011 PB - Office of Federal Housing Enterprise Oversight KW - Government - Forms of government KW - Banking and public and private finance - Credit, loans, and personal finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Banks and other financial institutions KW - United States KW - Federal government KW - Finance companies KW - Loans KW - Housing policy KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1018341917?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Manchester%2C+Paul+B%3BKeith%2C+Ian+H&rft.aulast=Manchester&rft.aufirst=Paul&rft.date=2011-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Characteristics+of+%22High+Conforming+Jumbo+Mortgages%22+and+Implications+for+the+Impact+of+Reductions+in+the+Conforming+Loan+Limits+for+Fannie+Mae+and+Freddie+Mac&rft.title=Characteristics+of+%22High+Conforming+Jumbo+Mortgages%22+and+Implications+for+the+Impact+of+Reductions+in+the+Conforming+Loan+Limits+for+Fannie+Mae+and+Freddie+Mac&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/21845/FHFA_Working_Paper11-2.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-06-01 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2011 N1 - SuppNotes - Working Paper 11-2 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Market Estimation Model for the 2010 and 2011 Enterprise Single-Family Housing Goals AN - 868223911; 2011-66835 AB - In establishing benchmarks for the 2010 and 2011 single-family mortgage housing goals for Fannie Mae and Freddie Mac (the Enterprises), the Federal Housing Finance Agency (FHFA) is required to measure the size of the mortgage market. This paper documents the methodology used to establish the market size for the various levels of low-income borrowers housing goals. Tables, Figures, Appendixes. JF - Trust for America's Health, Sep 2010, iii+40 pp. AU - Federal Housing Finance Agency Y1 - 2010/09// PY - 2010 DA - September 2010 PB - Trust for America's Health KW - Social conditions and policy - Housing KW - Business and service sector - Markets, marketing, and merchandising KW - Social conditions and policy - Marriage and family life KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Business finance KW - Banking and public and private finance - Banks and other financial institutions KW - Economic conditions and policy - Economic policy, planning, and development KW - Mortgage banks KW - Finance KW - Housing KW - Economic planning KW - Family KW - Markets KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/868223911?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Federal+Housing+Finance+Agency&rft.aulast=Federal+Housing+Finance+Agency&rft.aufirst=&rft.date=2010-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Market+Estimation+Model+for+the+2010+and+2011+Enterprise+Single-Family+Housing+Goals&rft.title=Market+Estimation+Model+for+the+2010+and+2011+Enterprise+Single-Family+Housing+Goals&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/19410/Market_Estimation_Model_20100924.pdf LA - English DB - PAIS Index N1 - Date revised - 2011-05-18 N1 - Publication note - Trust for America's Health, 2010 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Automatic Recapitalization Alternatives AN - 754078108; 2010-582757 AB - The recent experiences of US financial institutions highlight the shortcomings of the capital regulatory regime that has evolved over the preceding three decades. This paper examines one set of proposed solutions: ex post mechanisms that would automatically recapitalize systemically important financial institutions during periods of distress. Such mechanisms include contingent capital notes (CCNs) and capital insurance. Tables, References. JF - Office of Federal Housing Enterprise Oversight, Mar 2010, 23 pp. AU - Collender, Robert N AU - Pafenberg, Forrest W AU - Seiler, Robert S, Jr Y1 - 2010/03// PY - 2010 DA - March 2010 PB - Office of Federal Housing Enterprise Oversight KW - Economic conditions and policy - Economic conditions KW - United States KW - Capital KW - Economic stabilization KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/754078108?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Collender%2C+Robert+N%3BPafenberg%2C+Forrest+W%3BSeiler%2C+Robert+S%2C+Jr&rft.aulast=Collender&rft.aufirst=Robert&rft.date=2010-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Automatic+Recapitalization+Alternatives&rft.title=Automatic+Recapitalization+Alternatives&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/15543/workingpaper102r.pdf LA - English DB - PAIS Index N1 - Date revised - 2010-08-09 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2010 N1 - SuppNotes - Working Paper 10-2 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Revisions to FHFA's House Price Index in the Recent National House Price Boom and Bust AN - 754080040; 2010-582755 AB - This Federal Housing Finance Agency (FHFA) research paper examines the history of House Price Index (HPI) revisions over the recent national boom-bust cycle in house prices. The paper is part of FHFA's ongoing effort to enhance public understanding of the nation's housing finance system. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, Feb 2010, 16 pp. AU - Lawler, Patrick J Y1 - 2010/02// PY - 2010 DA - February 2010 PB - Office of Federal Housing Enterprise Oversight KW - Business and service sector - Business finance KW - Social conditions and policy - Housing KW - United States KW - Finance KW - Housing KW - Prices KW - Price indexes KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/754080040?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Lawler%2C+Patrick+J&rft.aulast=Lawler&rft.aufirst=Patrick&rft.date=2010-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Revisions+to+FHFA%27s+House+Price+Index+in+the+Recent+National+House+Price+Boom+and+Bust&rft.title=Revisions+to+FHFA%27s+House+Price+Index+in+the+Recent+National+House+Price+Boom+and+Bust&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/15394/HousePriceCyclesandHPIRevisions2310.pdf LA - English DB - PAIS Index N1 - Date revised - 2010-08-09 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2010 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Estimating Median House Prices AN - 754079100; 2010-582756 AB - Nondisclosure laws and other factors have hindered the production and release of median home price in many areas across the country. This paper attempts to fill the gaps and develops a simple approach to estimating median prices for a geographically complete set of areas. Tables, Appendixes. JF - Office of Federal Housing Enterprise Oversight, Feb 2010, 13 pp. AU - Leventis, Andrew Y1 - 2010/02// PY - 2010 DA - February 2010 PB - Office of Federal Housing Enterprise Oversight KW - Social conditions and policy - Housing KW - United States KW - Housing KW - Prices KW - Law KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/754079100?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Leventis%2C+Andrew&rft.aulast=Leventis&rft.aufirst=Andrew&rft.date=2010-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Estimating+Median+House+Prices&rft.title=Estimating+Median+House+Prices&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/15401/WorkingPaper10-1.pdf LA - English DB - PAIS Index N1 - Date revised - 2010-08-09 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2010 N1 - SuppNotes - Working Paper 10-1 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - OPEN FORUM: The Future of the Housing GSEs AN - 198411048 AB - This article presents excerpts from the speech of Edward J. DeMarco, Acting Director Federal Housing Finance Agency, Before the U.S. Senate Committee on Banking, Housing and Urban Affairs. FHFA came into existence on July 30, 2008, upon enactment of the Housing and Economic Recovery Act of 2008. To create FHFA, Congress combined the Office of Federal Housing Enterprise Oversight and the Federal Housing Finance Board, and added certain staff from the Department of Housing and Urban Development. JF - National Mortgage News AU - Demarco, Edward AU - Acting Director AU - Federal Housing Finance Agency Y1 - 2009/10/19/ PY - 2009 DA - 2009 Oct 19 SP - 4 EP - n/a CY - New York PB - SourceMedia VL - 34 IS - 5 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Speeches KW - Government agencies KW - Government sponsored enterprises KW - Housing KW - Regulation KW - Real estate financing KW - Mortgages KW - DeMarco, Edward KW - United States--US KW - 8120:Retail banking services KW - 9550:Public sector KW - 8360:Real estate KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198411048?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=National+Mortgage+News&rft.atitle=OPEN+FORUM%3A+The+Future+of+the+Housing+GSEs&rft.au=Demarco%2C+Edward%3BActing+Director%3BFederal+Housing+Finance+Agency&rft.aulast=Demarco&rft.aufirst=Edward&rft.date=2009-10-19&rft.volume=34&rft.issue=5&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Housing Finance Agency N1 - Copyright - (Copyright c 2009 SourceMedia, Inc. All Rights Reserved.) N1 - People - DeMarco, Edward N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States--US; DeMarco, Edward ER - TY - BOOK T1 - A Brief Examination of Previous House Price Declines AN - 58821701; 2008-423458 AB - This Federal Housing Finance Agency (FHFA) research paper examines previous house price downturns across Census Divisions, states, and localities in the US. The paper is part of FHFA's ongoing effort to enhance public understanding of the nation's housing finance system. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, Jun 2009, 22 pp. AU - Federal Housing Finance Agency Y1 - 2009/06// PY - 2009 DA - June 2009 PB - Office of Federal Housing Enterprise Oversight KW - Social conditions and policy - Housing KW - Business and service sector - Business finance KW - Education and education policy - Statistics, research, research methods, and research support KW - United States KW - Statistics KW - Finance KW - Housing KW - Prices KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58821701?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Federal+Housing+Finance+Agency&rft.aulast=Federal+Housing+Finance+Agency&rft.aufirst=&rft.date=2009-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=A+Brief+Examination+of+Previous+House+Price+Declines&rft.title=A+Brief+Examination+of+Previous+House+Price+Declines&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/2917/PreviousDownturns61609.pdf LA - English DB - PAIS Index N1 - Date revised - 2010-01-05 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2009 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Impact of Distressed Sales on Repeat-Transactions House Price Indexes AN - 58827444; 2008-339417 AB - This Federal Housing Finance Agency (FHFA) research paper analyzes the impact of distressed home sales on house price measures, including the FHFA House Price Index. It is part of FHFA's ongoing effort to enhance public understanding of the nation's housing finance system. Figures. JF - Office of Federal Housing Enterprise Oversight, May 27 2009, 13 pp. AU - Leventis, Andrew Y1 - 2009/05/27/ PY - 2009 DA - 2009 May 27 PB - Office of Federal Housing Enterprise Oversight KW - Social conditions and policy - Housing KW - Business and service sector - Markets, marketing, and merchandising KW - Education and education policy - Statistics, research, research methods, and research support KW - United States KW - Sales KW - Housing KW - Price indexes KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58827444?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Leventis%2C+Andrew&rft.aulast=Leventis&rft.aufirst=Andrew&rft.date=2009-05-27&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Impact+of+Distressed+Sales+on+Repeat-Transactions+House+Price+Indexes&rft.title=The+Impact+of+Distressed+Sales+on+Repeat-Transactions+House+Price+Indexes&rft.issn=&rft_id=info:doi/ L2 - http://www.fhfa.gov/webfiles/2397/researchpaper_distress.pdf LA - English DB - PAIS Index N1 - Date revised - 2009-08-03 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2009 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - OPEN FORUM: The GSEs' New Shape Open Forum (Continued from page e_SPpn) AN - 198372794 AB - Fannie Mae and Freddie Mac share the critical mission of providing stability and liquidity to the housing market. Between them, the enterprises have $5.4 trillion of guaranteed mortgage-backed securities and debt outstanding, which is equal to the publicly held debt of the United States. Their market share of all new mortgages reached over 80% earlier this year, but it is now falling. During the turmoil last year, they played a very important role in providing liquidity to the conforming mortgage market. That has required a very careful and delicate balance of mission and safety and soundness. A key component of this balance has been their ability to raise and maintain capital. Given recent market conditions, the balance has been lost. Unfortunately, as house prices, earnings and capital have continued to deteriorate, their ability to fulfill their mission has deteriorated. In particular, the capacity of their capital to absorb further losses while supporting new business activity is in doubt. Today's action addresses safety and soundness concerns. FHFA's rating system is called GSE Enterprise Risk or G-Seer. It stands for Governance, Solvency, Earnings and Enterprise Risk, which includes credit, market and operational risk. There are pervasive weaknesses across the board, which have been getting worse in this market. JF - National Mortgage News AU - Lockhartdirector, James AU - Federal Housing Finance Agency Y1 - 2008/09/22/ PY - 2008 DA - 2008 Sep 22 SP - 4 EP - n/a CY - New York PB - SourceMedia VL - 32 IS - 50 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Financial services KW - Market strategy KW - Policy making KW - Housing prices KW - 8120:Retail banking services KW - 7000:Marketing KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198372794?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=National+Mortgage+News&rft.atitle=OPEN+FORUM%3A+The+GSEs%27+New+Shape+Open+Forum+%28Continued+from+page+e_SPpn%29&rft.au=Lockhartdirector%2C+James%3BFederal+Housing+Finance+Agency&rft.aulast=Lockhartdirector&rft.aufirst=James&rft.date=2008-09-22&rft.volume=32&rft.issue=50&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Freddie Mac; Fannie Mae N1 - Copyright - (Copyright c 2008 SourceMedia, Inc. All Rights Reserved.) N1 - Last updated - 2010-06-06 ER - TY - BOOK T1 - Recent Trends in Home Prices: Differences across Mortgage and Borrower Characteristics AN - 58799546; 2008-245141 AB - This Office of Federal Housing Enterprise Oversight (OFHEO) research paper analyzes differences in recent price trends for homes with different types of financing and borrower characteristics. The work follows preliminary research published in January that uncovered relative price weakness for homes not purchased with Enterprise-financed mortgages. Figures. JF - Office of Federal Housing Enterprise Oversight, Aug 2008, 15 pp. AU - Leventis, Andrew Y1 - 2008/08// PY - 2008 DA - August 2008 PB - Office of Federal Housing Enterprise Oversight KW - Business and service sector - Business finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Social conditions and policy - Housing KW - Housing KW - Prices KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58799546?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Leventis%2C+Andrew&rft.aulast=Leventis&rft.aufirst=Andrew&rft.date=2008-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Recent+Trends+in+Home+Prices%3A+Differences+across+Mortgage+and+Borrower+Characteristics&rft.title=Recent+Trends+in+Home+Prices%3A+Differences+across+Mortgage+and+Borrower+Characteristics&rft.issn=&rft_id=info:doi/ L2 - http://www.ofheo.gov/media/research/pricesandfinancing.pdf LA - English DB - PAIS Index N1 - Date revised - 2009-04-21 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2008 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Mortgage Markets and the Enterprises in 2007 AN - 58803411; 2008-245140 AB - This Office of Federal Housing Enterprise Oversight (OFHEO) research paper reviews developments in the housing sector and the primary and secondary mortgage markets, the secondary market activities of Fannie Mae and Freddie Mac, and the financial performance of the Enterprises in 2007. An appendix provides tables with historical data on the activities and performance of the Enterprises, federally-established loan limits, mortgage interest rates, housing activity, and regional and national home prices, which provide a context for the survey of recent activity provided in the paper. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, Jul 2008, 100 pp. AU - Leventis, Andrew AU - Pafenberg, Forrest AU - Smith, Valerie AU - Weiher, Jesse Y1 - 2008/07// PY - 2008 DA - July 2008 PB - Office of Federal Housing Enterprise Oversight KW - Social conditions and policy - Housing KW - Business and service sector - Markets, marketing, and merchandising KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Law and ethics - Criminal law KW - Government - Internal security KW - Business and service sector - Business finance KW - Interest rates KW - United States Federal home loan mortgage corporation KW - Housing KW - Loans KW - Prices KW - Federal national mortgage association KW - Markets KW - Surveillance KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58803411?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Leventis%2C+Andrew%3BPafenberg%2C+Forrest%3BSmith%2C+Valerie%3BWeiher%2C+Jesse&rft.aulast=Leventis&rft.aufirst=Andrew&rft.date=2008-07-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Mortgage+Markets+and+the+Enterprises+in+2007&rft.title=Mortgage+Markets+and+the+Enterprises+in+2007&rft.issn=&rft_id=info:doi/ L2 - http://www.ofheo.gov/media/research/MME2007.pdf LA - English DB - PAIS Index N1 - Date revised - 2009-04-21 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2008 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Enterprise Credit Default Swaps and Market Discipline: Preliminary Analysis AN - 58795929; 2008-245146 AB - Financial regulators are interested in harnessing market information and market discipline to improve the supervision and performance of financial institutions; and recent growth in the market for credit default swaps (CDS), derivative instruments that allow for the trading of credit risk, presents the possibility of a new and important source of such information. The current paper explores the potential role of the rapidly expanding CDS market in providing market information relative to Fannie Mae and Freddie Mac (the Enterprises). Tables, Figures, References. JF - Office of Federal Housing Enterprise Oversight, Jul 2008, ii+50 pp. AU - Collender, Robert Y1 - 2008/07// PY - 2008 DA - July 2008 PB - Office of Federal Housing Enterprise Oversight KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Social conditions and policy - Public safety and security KW - Risk KW - United States Federal home loan mortgage corporation KW - Credit KW - Regulation KW - Federal national mortgage association KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58795929?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Collender%2C+Robert&rft.aulast=Collender&rft.aufirst=Robert&rft.date=2008-07-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Enterprise+Credit+Default+Swaps+and+Market+Discipline%3A+Preliminary+Analysis&rft.title=Enterprise+Credit+Default+Swaps+and+Market+Discipline%3A+Preliminary+Analysis&rft.issn=&rft_id=info:doi/ L2 - http://www.ofheo.gov/media/WorkingPapers/workingpaper0802.pdf LA - English DB - PAIS Index N1 - Date revised - 2009-04-21 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2008 N1 - SuppNotes - Working pa. 08-02 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Open Forum: Reforming GSE Regulation AN - 198397834 AB - This article presents testimony from James Lockhart, director of the Federal Housing Finance Agency, before the Senate Banking, Housing and Urban Affairs Committee. These are unprecedented times for the housing GSEs - Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks. Their business expanded rapidly in 2007 with their market share rising to record levels in the fourth quarter of 2007. The GSEs have become the dominant funding mechanism for the entire mortgage system in these troubling times. They are fulfilling their missions of providing liquidity, stability and affordability to the mortgage markets. In doing so, they have been reducing risks in the market, but concentrating mortgage risks on themselves. Fannie Mae and Freddie Mac support their missions by guaranteeing and issuing mortgage backed securities, which represents approximately 70% of their business in 2007. Their other business activity is buying mortgages and MBS for their retained mortgage portfolios. JF - National Mortgage News AU - James Lockhart, Director, Office of Federal Housing Enterprise Oversight Y1 - 2008/02/18/ PY - 2008 DA - 2008 Feb 18 SP - 4 CY - New York PB - SourceMedia VL - 32 IS - 20 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Congressional hearings KW - Mortgages KW - United States--US KW - 1210:Politics & political behavior KW - 8120:Retail banking services KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198397834?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Reforming+GSE+Regulation&rft.au=James+Lockhart%2C+Director%2C+Office+of+Federal+Housing+Enterprise+Oversight&rft.aulast=James+Lockhart&rft.aufirst=Director&rft.date=2008-02-18&rft.volume=32&rft.issue=20&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - (Copyright c 2008 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States--US ER - TY - BOOK T1 - Revisiting the Differences between the OFHEO and S&P/Case-Shiller House Price Indexes: New Explanations AN - 58799096; 2008-245139 AB - This Office of Federal Housing Enterprise Oversight (OFHEO) research paper analyzes the potential causes of the differences between the OFHEO House Price Indexes (the "HPI") and home price indexes produced by S&P/Case-Shiller. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, Jan 2008, 11 pp. AU - Leventis, Andrew Y1 - 2008/01// PY - 2008 DA - January 2008 PB - Office of Federal Housing Enterprise Oversight KW - Education and education policy - Statistics, research, research methods, and research support KW - Social conditions and policy - Housing KW - United States KW - Housing KW - Price indexes KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58799096?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Leventis%2C+Andrew&rft.aulast=Leventis&rft.aufirst=Andrew&rft.date=2008-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Revisiting+the+Differences+between+the+OFHEO+and+S%26P%2FCase-Shiller+House+Price+Indexes%3A+New+Explanations&rft.title=Revisiting+the+Differences+between+the+OFHEO+and+S%26P%2FCase-Shiller+House+Price+Indexes%3A+New+Explanations&rft.issn=&rft_id=info:doi/ L2 - http://www.ofheo.gov/media/research/OFHEOSPCS12008.pdf LA - English DB - PAIS Index N1 - Date revised - 2009-04-21 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2008 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Real Estate Futures Prices as Predictors of Price Trends AN - 58798126; 2008-245145 AB - To gauge market "expectations," real estate industry observers have increasingly referenced the Chicago Mercantile Exchange's nascent real estate futures market. This paper tests whether prices on that exchange have proved to be unbiased predictors of real estate prices. Figures. JF - Office of Federal Housing Enterprise Oversight, Jan 2008, 10 pp. AU - Leventis, Andrew Y1 - 2008/01// PY - 2008 DA - January 2008 PB - Office of Federal Housing Enterprise Oversight KW - Business and service sector - Business finance KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Investments and securities KW - Chicago mercantile exchange KW - Prices KW - Futures KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58798126?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Leventis%2C+Andrew&rft.aulast=Leventis&rft.aufirst=Andrew&rft.date=2008-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Real+Estate+Futures+Prices+as+Predictors+of+Price+Trends&rft.title=Real+Estate+Futures+Prices+as+Predictors+of+Price+Trends&rft.issn=&rft_id=info:doi/ L2 - http://www.ofheo.gov/media/WorkingPapers/WorkingPaper081.pdf LA - English DB - PAIS Index N1 - Date revised - 2009-04-21 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2008 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - 'Skin in the game': zero downpayment mortgage default AN - 37215864; 3907599 AB - This paper extends the analysis of mortgage default to include mortgages that require no downpayment from the purchaser. The results indicate that borrowers who provide even modest downpayments from their own resources have substantially lower default propensities than do borrowers whose downpayments come from relatives, government agencies, or nonprofits. Borrowers with downpayments from seller-funded nonprofits, who make no downpayment at all, have the highest default rates. Eliminating FHA's 3% downpayment causes default to rise far beyond the simple effect of a 3% change in equity. Reprinted by permission of Fannie Mae Foundation JF - Journal of housing research AU - Kelly, Austin AD - US Federal Housing Finance Agency Y1 - 2008 PY - 2008 DA - 2008 SP - 75 EP - 100 VL - 17 IS - 2 SN - 1052-7001, 1052-7001 KW - Economics KW - Mortgage markets KW - Bankruptcy KW - U.S.A. KW - Real estate market UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37215864?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+housing+research&rft.atitle=%27Skin+in+the+game%27%3A+zero+downpayment+mortgage+default&rft.au=Kelly%2C+Austin&rft.aulast=Kelly&rft.aufirst=Austin&rft.date=2008-01-01&rft.volume=17&rft.issue=2&rft.spage=75&rft.isbn=&rft.btitle=&rft.title=Journal+of+housing+research&rft.issn=10527001&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 10632 10630 10339; 8298 7711; 1476; 433 293 14 ER - TY - BOOK T1 - Zero Down Payment Mortgage Default AN - 58799145; 2008-245144 AB - Previous research has focused on equity as a prime determinant of mortgage default propensities. This paper extends the analysis of mortgage default to include mortgages that require no down payment from the purchaser. Tables, Figures, References. JF - Office of Federal Housing Enterprise Oversight, Aug 2007, 44 pp. AU - Kelly, Austin Y1 - 2007/08// PY - 2007 DA - August 2007 PB - Office of Federal Housing Enterprise Oversight KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Banking and public and private finance - International banking and finance and financial institutions KW - Banking and public and private finance - Banking operations and services KW - Law and ethics - Ethics KW - Payment KW - Equity KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58799145?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kelly%2C+Austin&rft.aulast=Kelly&rft.aufirst=Austin&rft.date=2007-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Zero+Down+Payment+Mortgage+Default&rft.title=Zero+Down+Payment+Mortgage+Default&rft.issn=&rft_id=info:doi/ L2 - http://www.ofheo.gov/media/WorkingPapers/workingpaper075.pdf LA - English DB - PAIS Index N1 - Date revised - 2009-04-21 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2007 N1 - SuppNotes - OFHEO Working pa. 07-5 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Signals from the Markets for Fannie Mae and Freddie Mac Subordinated Debt AN - 58799608; 2008-245143 AB - In 2001, Fannie Mae and Freddie Mac, the two largest government-sponsored enterprises (GSEs), began issuing subordinated debt as part of a set of voluntary initiatives announced in October 2000; however, both Enterprises suspended new issuance after public revelations of accounting irregularities and the accompanying upheavals in their senior managements. Last year, the Enterprises reaffirmed their commitment to issuing sub debt through an agreement with their regulator, the Office of Federal Housing Enterprise Oversight (OFHEO); and this paper explores how sub debt market signals have evolved as the perceptions of the risk of the two Enterprises has changed. Tables, Figures, References. JF - Office of Federal Housing Enterprise Oversight, Jun 2007, ii+33 pp. AU - Collender, Robert N AU - Roberts, Samantha AU - Smith, Valerie L Y1 - 2007/06// PY - 2007 DA - June 2007 PB - Office of Federal Housing Enterprise Oversight KW - Business and service sector - Accounting KW - Business and service sector - Markets, marketing, and merchandising KW - Social conditions and policy - Housing KW - Social conditions and policy - Public safety and security KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Risk KW - United States Federal home loan mortgage corporation KW - Housing KW - Debt KW - Regulation KW - Federal national mortgage association KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58799608?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Collender%2C+Robert+N%3BRoberts%2C+Samantha%3BSmith%2C+Valerie+L&rft.aulast=Collender&rft.aufirst=Robert&rft.date=2007-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Signals+from+the+Markets+for+Fannie+Mae+and+Freddie+Mac+Subordinated+Debt&rft.title=Signals+from+the+Markets+for+Fannie+Mae+and+Freddie+Mac+Subordinated+Debt&rft.issn=&rft_id=info:doi/ L2 - http://www.ofheo.gov/media/WorkingPapers/workingpaper074r.pdf LA - English DB - PAIS Index N1 - Date revised - 2009-04-21 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2007 N1 - SuppNotes - OFHEO Working pa. 07-4 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Subordinated Debt Issuance by Fannie Mae and Freddie Mac AN - 58795867; 2008-245142 AB - Considerable research has been done on the use of subordinated debt as a source of market discipline for banking organizations; however, little research has been done on the use of such debt as a source of market discipline for Fannie Mae and Freddie Mac. The paper found that the subordinated debt programs of Fannie Mae and Freddie Mac suffer from a number of shortcomings. Tables, Figures. JF - Office of Federal Housing Enterprise Oversight, Jun 2007, 48 pp. AU - Smith, Valerie L Y1 - 2007/06// PY - 2007 DA - June 2007 PB - Office of Federal Housing Enterprise Oversight KW - Business and service sector - Accounting KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Banking operations and services KW - United States Federal home loan mortgage corporation KW - Debt KW - Federal national mortgage association KW - Banking KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58795867?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Smith%2C+Valerie+L&rft.aulast=Smith&rft.aufirst=Valerie&rft.date=2007-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Subordinated+Debt+Issuance+by+Fannie+Mae+and+Freddie+Mac&rft.title=Subordinated+Debt+Issuance+by+Fannie+Mae+and+Freddie+Mac&rft.issn=&rft_id=info:doi/ L2 - http://www.ofheo.gov/media/WorkingPapers/workingpaper073.pdf LA - English DB - PAIS Index N1 - Date revised - 2009-04-21 N1 - Publication note - Office of Federal Housing Enterprise Oversight, 2007 N1 - SuppNotes - OFHEO Working pa. 07-03 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Open Forum: GSEs Need Stronger Regulation ; Excerpts of Mr. Lockhart's recent testimony before on legislative proposals on GSE reform before the House Committee on Financial Services are presented as our Open Forum. AN - 198358159 AB - Excerpts of Director of the Office of Federal Housing Enterprise Oversight James Lockhart's recent testimony on legislative proposals on GSE reform before the House Committee on Financial Services are presented. Like other financial institutions, the housing GSEs face a full range of risks, including market risk, credit risk, and operational risk - only on a much larger and more concentrated scale than other financial institutions. For its part, OFHEO should have done better. The most important lesson is that there is a compelling need for the legislation to create a new and stronger regulator. The new regulator must understand the housing GSEs' mission in supporting housing finance, the risks involved in that business, the private ownership of these firms, their accountability to their shareholders, and their need to earn a fair rate of return. The legislation that the committee is now considering is fundamental to the long-term development of the nation's housing finance system. JF - National Mortgage News AU - James Lockhart, Director, Office of Federal Housing Enterprise Oversight Y1 - 2007/04/16/ PY - 2007 DA - 2007 Apr 16 SP - 4 EP - 4,25 CY - New York PB - SourceMedia VL - 31 IS - 29 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Congressional committees KW - Secondary mortgage market KW - Regulatory reform KW - Testimony KW - United States KW - US KW - 8120:Retail banking services KW - 9550:Public sector KW - 4320:Legislation KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198358159?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+GSEs+Need+Stronger+Regulation+%3B+Excerpts+of+Mr.+Lockhart%27s+recent+testimony+before+on+legislative+proposals+on+GSE+reform+before+the+House+Committee+on+Financial+Services+are+presented+as+our+Open+Forum.&rft.au=James+Lockhart%2C+Director%2C+Office+of+Federal+Housing+Enterprise+Oversight&rft.aulast=James+Lockhart&rft.aufirst=Director&rft.date=2007-04-16&rft.volume=31&rft.issue=29&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fannie Mae; Freddie Mac; Office of Federal Housing Enterprise Oversight N1 - Copyright - (Copyright c 2007 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: Securing the Building Blocks AN - 198418750 AB - Excerpts of Director of the Office of Federal Housing Enterprise Oversight James Lockhart's remarks at the recent ACB Real Estate Lending Conference are presented. OFHEO's mission is to promote housing and a strong national housing finance system by ensuring the safety and soundness of Fannie Mae and Freddie Mac. That is a very tall order for a small agency that does not have all the tools needed to do the job. Unfortunately, Fannie Mae and Freddie Mac lost sight of their mission in the late 1990s and early 2000s and used their GSE status to grow out of control. OHEO will continue to support legislation for a stronger and more independent regulator for Fannie Mae and Freddie Mac and the FHLBanks. Legislation will give the new regulator the powers that it needs to prevent the enterprises from growing out of control again. JF - National Mortgage News AU - James Lockhart, Director, Office of Federal Housing Enterprise Oversight Y1 - 2007/02/26/ PY - 2007 DA - 2007 Feb 26 SP - 4 CY - New York PB - SourceMedia VL - 31 IS - 22 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Regulatory agencies KW - Safety & soundness KW - United States KW - US KW - 8120:Retail banking services KW - 4310:Regulation KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198418750?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Securing+the+Building+Blocks&rft.au=James+Lockhart%2C+Director%2C+Office+of+Federal+Housing+Enterprise+Oversight&rft.aulast=James+Lockhart&rft.aufirst=Director&rft.date=2007-02-26&rft.volume=31&rft.issue=22&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Office of Federal Housing Enterprise Oversight; Fannie Mae; Freddie Mac N1 - Copyright - (Copyright c 2007 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: GSEs: What Does the Future Hold? ; Excerpts of Mr. Lockhart's remarks at the SourceMedia Secondary Market Conference in New York recently are presented as our Open Forum. (Please click on www.nationalmortgagenews.com/plus for his full remarks and to view the accompanying slideshow click on www.nationalmortgagenews.com/lockhart.) AN - 198432654 AB - James Lockhart, Office of Federal Housing Enterprise Oversight, has three major priorities for OFHEO The first is vigorous supervision of the enterprises. The second is to continue to support legislation for a stronger and more independent regulator of the enterprises and the FHLBanks so that we have the tools to do a better job in the future. A third is to continue to build our team to face ongoing and future challenges. JF - National Mortgage News AU - James Lockhart, Director, Office of Federal Housing Enterprise Oversight Y1 - 2006/12/18/ PY - 2006 DA - 2006 Dec 18 SP - 4 CY - New York PB - SourceMedia VL - 31 IS - 13 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Regulatory agencies KW - Government sponsored enterprises KW - Objectives KW - United States KW - US KW - 8100:Financial services industry KW - 4310:Regulation KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198432654?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+GSEs%3A+What+Does+the+Future+Hold%3F+%3B+Excerpts+of+Mr.+Lockhart%27s+remarks+at+the+SourceMedia+Secondary+Market+Conference+in+New+York+recently+are+presented+as+our+Open+Forum.+%28Please+click+on+www.nationalmortgagenews.com%2Fplus+for+his+full+remarks+and+to+view+the+accompanying+slideshow+click+on+www.nationalmortgagenews.com%2Flockhart.%29&rft.au=James+Lockhart%2C+Director%2C+Office+of+Federal+Housing+Enterprise+Oversight&rft.aulast=James+Lockhart&rft.aufirst=Director&rft.date=2006-12-18&rft.volume=31&rft.issue=13&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Office of Federal Housing Enterprise Oversight N1 - Copyright - (Copyright c 2006 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: Getting GSE Reform Right AN - 198434837 AB - The case for GSE reform is very strong given Fannie Mae and Freddie Mac's mismanagement history and the risks caused by their massive size. Their combined $4.1 trillion in debt and guaranteed mortgage-backed securities at year-end 2005 is not that much smaller than the whole debt of the U.S. held by the public of $4.7 trillion or, for that matter, a number engraved in my mind, the 75-year net present value Social Security shortfall of $4.6 trillion. Both companies, a large bipartisan group of senators and members of congress, and the Bush administration all support reform. We now need to get the ball across the goal line when Congress returns in November. JF - National Mortgage News AU - James Lockhart, Director, Office of Federal Housing Enterprise Oversight Y1 - 2006/11/06/ PY - 2006 DA - 2006 Nov 06 SP - 4 CY - New York PB - SourceMedia VL - 31 IS - 7 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Reforms KW - United States KW - US KW - 2430:Business-government relations KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198434837?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Getting+GSE+Reform+Right&rft.au=James+Lockhart%2C+Director%2C+Office+of+Federal+Housing+Enterprise+Oversight&rft.aulast=James+Lockhart&rft.aufirst=Director&rft.date=2006-11-06&rft.volume=31&rft.issue=7&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - (Copyright c 2006 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: Housing Feels a Chill AN - 198364131 AB - Associated Director and Chief Economist at the Office of Federal Housing Enterprise Oversight Patrick Lawler's recent testimony on the housing bubble and its implications for the economy before the Senate Banking Committee is presented. Historical patterns of price behavior in housing markets may provide some guidance about potential future developments. OFHEO's National House Price Index has never fallen over a period of a year or more, but it has come very close, and inflation-adjusted prices have fallen significantly, by 11% in the early 1980s and by 9% in the early 1990s. In the first instance, it took nearly 8 years for inflation-adjusted prices to regain the past peak and in the 2nd case, almost 10 years. Certainly, a similar event is quite possible now. JF - National Mortgage News AU - Patrick Lawler, Associate Director and Chief Economist, Office of Federal Housing Enterprise Oversight Y1 - 2006/10/09/ PY - 2006 DA - 2006 Oct 09 SP - 4 EP - 4,18 CY - New York PB - SourceMedia VL - 31 IS - 2 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Congressional hearings KW - Testimony KW - Prices KW - Indexes KW - Housing KW - United States KW - US KW - 8120:Retail banking services KW - 1110:Economic conditions & forecasts KW - 9190:United States KW - 8360:Real estate UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198364131?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Housing+Feels+a+Chill&rft.au=Patrick+Lawler%2C+Associate+Director+and+Chief+Economist%2C+Office+of+Federal+Housing+Enterprise+Oversight&rft.aulast=Patrick+Lawler&rft.aufirst=Associate+Director+and+Chief&rft.date=2006-10-09&rft.volume=31&rft.issue=2&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - (Copyright c 2006 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: The Urgency of GSE Reform ; Mr. Lockhart's remarks at the American Enterprise Institute for Public Policy Research in Washington recently are presented as our Open Forum. AN - 198368011 AB - OFHEO is focused on making Fannie Mae fix problems involving accouting scandals, earnings manipulation, and management failures, and making Freddie Mac fix similar ones arising from an earlier Special Examination. JF - National Mortgage News AU - James Lockhart, Director, Office of Federal Housing, Enterprise Oversight Y1 - 2006/09/25/ PY - 2006 DA - 2006 Sep 25 SP - 4 CY - New York PB - SourceMedia VL - 30 IS - 50 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Reforms KW - Scandals KW - Bank examinations KW - United States KW - US KW - 2430:Business-government relations KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198368011?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+The+Urgency+of+GSE+Reform+%3B+Mr.+Lockhart%27s+remarks+at+the+American+Enterprise+Institute+for+Public+Policy+Research+in+Washington+recently+are+presented+as+our+Open+Forum.&rft.au=James+Lockhart%2C+Director%2C+Office+of+Federal+Housing%2C+Enterprise+Oversight&rft.aulast=James+Lockhart&rft.aufirst=Director&rft.date=2006-09-25&rft.volume=30&rft.issue=50&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Office of Federal Housing Enterprise Oversight; Fannie Mae; Freddie Mac N1 - Copyright - (Copyright c 2006 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: FHLBanks Need Strong Oversight ; Excerpts of Mr. Rosenfeld's recent testimony before the House Subcommittee on Government Sponsored Enterprises are presented as our Open Forum. AN - 198357630 AB - A commentary stresses the need for reform of the regulation and supervision of the housing GSEs. Fannie Mae, Freddie Mac and the 12 banks are large complex entities. They are important to the nation's housing market and play a vital role in the financial markets. They should be overseen by a single, strong and independent regulator that has the full arsenal of supervisory and enforcement tools. The combined assets of the 12 banks exceed $1 trillion. If the Federal Home Loan Bank System was a bank holding company, it would be the fourth largest bank holding company in the country. Advances are the banks' largest asset class constituting 62% of assets. The top 10 holders of advances account for 33 percent of the systems total of advances. JF - National Mortgage News AU - Ronald Rosenfeld, Chairman, Federal Housing Finance Board Y1 - 2006/09/18/ PY - 2006 DA - 2006 Sep 18 SP - 4 CY - New York PB - SourceMedia VL - 30 IS - 49 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Mortgage banks KW - Government sponsored enterprises KW - Regulatory reform KW - United States KW - US KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198357630?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+FHLBanks+Need+Strong+Oversight+%3B+Excerpts+of+Mr.+Rosenfeld%27s+recent+testimony+before+the+House+Subcommittee+on+Government+Sponsored+Enterprises+are+presented+as+our+Open+Forum.&rft.au=Ronald+Rosenfeld%2C+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=Ronald+Rosenfeld&rft.aufirst=Chairman&rft.date=2006-09-18&rft.volume=30&rft.issue=49&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - (Copyright c 2006 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: FHLBanks Need Strong Oversight AN - 198316192 JF - National Mortgage News AU - Ronald Rosenfeld, Chairman, Federal Housing Finance Board Y1 - 2006/09/18/ PY - 2006 DA - 2006 Sep 18 SP - 4 CY - New York PB - SourceMedia VL - 30 IS - 49 SN - 10503331 KW - Business And Economics--Banking And Finance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198316192?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+FHLBanks+Need+Strong+Oversight&rft.au=Ronald+Rosenfeld%2C+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=Ronald+Rosenfeld&rft.aufirst=Chairman&rft.date=2006-09-18&rft.volume=30&rft.issue=49&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - (Copyright c 2006 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 ER - TY - JOUR T1 - Open Forum: The Need For GSE Reform, Now ; Mr. Lockhart's remarks at a recent panel discussion on the future of Fannie Mae and Freddie Mac hosted by Reuters in New York are presented as our Open Forum. AN - 198343637 JF - National Mortgage News AU - James Lockhart, Director, Office of Federal Housing Enterprise Oversight Y1 - 2006/08/14/ PY - 2006 DA - 2006 Aug 14 SP - 4 CY - New York PB - SourceMedia VL - 30 IS - 44 SN - 10503331 KW - Business And Economics--Banking And Finance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198343637?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+The+Need+For+GSE+Reform%2C+Now+%3B+Mr.+Lockhart%27s+remarks+at+a+recent+panel+discussion+on+the+future+of+Fannie+Mae+and+Freddie+Mac+hosted+by+Reuters+in+New+York+are+presented+as+our+Open+Forum.&rft.au=James+Lockhart%2C+Director%2C+Office+of+Federal+Housing+Enterprise+Oversight&rft.aulast=James+Lockhart&rft.aufirst=Director&rft.date=2006-08-14&rft.volume=30&rft.issue=44&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - (Copyright c 2006 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 ER - TY - JOUR T1 - Open Forum: Fannie Mae 'Stonewalled OFHEO' AN - 198441952 AB - As a government-sponsored enterprise, Fannie Mae has a unique position among American corporations and an extremely important mission - facilitating the growth of affordable housing in the United States. It also is the second largest borrower in the world, only behind the U.S. government. As such, Fannie Mae has a special mandate and position of public trust. The previous management team, led by Chairman and CEO Franklin Raines, violated that trust and did serious harm to Fannie Mae. JF - National Mortgage News AU - James Lockhart, Cting Director, Office Of Federal Housing Enterprise Oversight Y1 - 2006/06/05/ PY - 2006 DA - 2006 Jun 05 SP - 4 CY - New York PB - SourceMedia VL - 30 IS - 35 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Corporate responsibility KW - Affordable housing KW - Mortgage banks KW - Investigations KW - United States KW - US KW - 2430:Business-government relations KW - 8120:Retail banking services KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198441952?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Fannie+Mae+%27Stonewalled+OFHEO%27&rft.au=James+Lockhart%2C+Cting+Director%2C+Office+Of+Federal+Housing+Enterprise+Oversight&rft.aulast=James+Lockhart&rft.aufirst=Cting&rft.date=2006-06-05&rft.volume=30&rft.issue=35&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fannie Mae N1 - Copyright - (Copyright c 2006 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: Regulating Fannie and Freddie AN - 198310155 AB - In the 2nd of a 2-part series, Stephen Blumenthal, acting director at the Office of Federal Housing Enterprise Oversight, address at the Second Annual Global Bond Summit in Hong Kong is presented. In addition to growing the regular examination force, OFHEO created an Office of Compliance, responsible for special examinations and an Office of Chief Accountant. The most important change was to the culture of OFHEO. At the same time the agency was being reorganized, a decision was made that turned out to be prescient. One of the recommendations of the report of the special examination of Freddie Mac was that OFHEO should conduct a similar special examination of Fannie Mae. Legislation is now pending before Congress that will restructure OFHEO and change the way the GSEs are regulated. JF - National Mortgage News AU - Stephen Blumenthal, Acting Director, Office Of Federal Housing Enterprise Oversight Y1 - 2005/12/05/ PY - 2005 DA - 2005 Dec 05 SP - 4 CY - New York PB - SourceMedia VL - 30 IS - 10 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Regulatory agencies KW - Bills KW - Regulatory reform KW - United States KW - US KW - 8120:Retail banking services KW - 4310:Regulation KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198310155?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Regulating+Fannie+and+Freddie&rft.au=Stephen+Blumenthal%2C+Acting+Director%2C+Office+Of+Federal+Housing+Enterprise+Oversight&rft.aulast=Stephen+Blumenthal&rft.aufirst=Acting&rft.date=2005-12-05&rft.volume=30&rft.issue=10&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fannie Mae; Freddie Mac; Office of Federal Housing Enterprise Oversight N1 - Copyright - (Copyright c 2005 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Regulating Fannie and Freddie AN - 198419217 AB - The U.S. government made housing a national priority and most of the government's efforts have focused on increasing the availability and affordability of housing finance. Accordingly, in 1968, Congress established the Federal National Mortgage Association and in 1970, the Federal Home Loan Mortgage Corp. as government- sponsored enterprises, that is, they have federal charters but are owned by the public. Their fundamental role is to expand the pool of available mortgage financing by acting as an intermediary between the homeowner and investors. By law, they operate in the prime conventional conforming mortgage market, which covers mortgages below the 2004 "conforming" limit of $359,650. JF - National Mortgage News AU - Stephen Blumenthal, Acting Director, Office Of Federal Housing Enterprise Oversight Y1 - 2005/11/28/ PY - 2005 DA - 2005 Nov 28 SP - 4 CY - New York PB - SourceMedia VL - 30 IS - 9 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Mortgage banks KW - Regulation of financial institutions KW - United States KW - US KW - 2430:Business-government relations KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198419217?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Regulating+Fannie+and+Freddie&rft.au=Stephen+Blumenthal%2C+Acting+Director%2C+Office+Of+Federal+Housing+Enterprise+Oversight&rft.aulast=Stephen+Blumenthal&rft.aufirst=Acting&rft.date=2005-11-28&rft.volume=30&rft.issue=9&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - (Copyright c 2005 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - FHLB Performance AN - 198409536 AB - Ronald A. Rosenfeld, chairman at the Federal Housing Finance Board recently testified before the Senate Committee on Banking, Housing and Urban Affairs. Excerpts of his remarks are presented. As of December 31, 2004, the Federal Home Loan Banks hold combined assets of $934 billion. If the banks were all part of the same holding company, it would be the fourth-largest bank holding company in the country. In the aggregate, the banks earned $1.9 billion in 2004, which was up from the $1.7 billion they earned in 2003. However, relative profitability is at historically low levels. Profitability, as measured by the return on average assets, has trended downward over the last decade before stabilizing at 21 basis points in 2003 and 2004. All 12 banks have capital above the regulatory minimum of 4% of assets, and system-wide the banks have $42 billion in capital, or 4.5% of assets. Capital stock accounts for $40 billion of regulatory capital. Retained earnings account for the other $2 billion. JF - National Mortgage News AU - Ronald A. Rosenfeld, Chairman, Federal Housing Finance Board Y1 - 2005/05/30/ PY - 2005 DA - 2005 May 30 SP - 4 CY - New York PB - SourceMedia VL - 29 IS - 36 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Profitability KW - Earnings KW - Secondary mortgage market KW - United States KW - US KW - 8120:Retail banking services KW - 9540:Non-profit institutions KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198409536?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=FHLB+Performance&rft.au=Ronald+A.+Rosenfeld%2C+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=Ronald+A.+Rosenfeld&rft.aufirst=Chairman&rft.date=2005-05-30&rft.volume=29&rft.issue=36&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - (Copyright c 2005 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - QSPEs Distort Fannie's Books AN - 198425691 AB - Armando Falcon, Jr, recently testified before a House Financial Services Subcommittee on OFHEO's supplemental agreement with Fannie Mae. His statement is presented as the 2nd of a 2-part series. Fannie Mae engages in purchases of loans and offerings of MBS. In certain instances, the enterprise obtains 100% of the MBS issued in an offering. In addition, Fannie Mae may end up owning 100% of a particular MBS through purchases in the secondary market. Fannie Mae states that it uses Qualified Special Purpose Entities to issue these MBS. QSPEs are exempt from FIN 46 consolidation unless the company has the unilateral ability to liquidate or change the QSPE. FIN 46 does not give a definition of unilateral ability to liquidate. However, in reviewing the relevant literature, it appears that the sale of at least 10% interest in a pool precludes the unilateral ability to liquidate. JF - National Mortgage News AU - Armando Falcon Jr. Director, Office Of Federal Housing Enterprise Oversight Y1 - 2005/04/25/ PY - 2005 DA - 2005 Apr 25 SP - 4 EP - 4,17 CY - New York PB - SourceMedia VL - 29 IS - 31 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Congressional hearings KW - Testimony KW - Mortgage backed securities KW - Special purpose entities KW - United States KW - US KW - 8120:Retail banking services KW - 4120:Accounting policies & procedures KW - 9550:Public sector KW - 4320:Legislation KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198425691?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=QSPEs+Distort+Fannie%27s+Books&rft.au=Armando+Falcon+Jr.+Director%2C+Office+Of+Federal+Housing+Enterprise+Oversight&rft.aulast=Armando+Falcon+Jr.+Director&rft.aufirst=Office+Of+Federal+Housing+Enterprise&rft.date=2005-04-25&rft.volume=29&rft.issue=31&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fannie Mae N1 - Copyright - (Copyright c 2005 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Examining Fannie Mae AN - 198413690 AB - Armando Falcon Jr., director of the Office of Federal Housing Enterprise Oversight, recently testified before a House Financial Services Subcommittee on OFHEO's supplemental agreement with Fannie Mae. In the first of 2 parts based on his comments, Falcon said OFHEO has 2 objectives in its ongoing special examination of Fannie Mae. First, all the problems must be identified and then fixed. Second, a comprehensive reform program to prevent problems from recurring must be instituted. JF - National Mortgage News AU - Armando Falcon Jr. Director, Office Of Federal Housing Enterprise Oversight Y1 - 2005/04/18/ PY - 2005 DA - 2005 Apr 18 SP - 4 CY - New York PB - SourceMedia VL - 29 IS - 30 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Investigations KW - Reforms KW - United States KW - US KW - Falcon, Armando KW - 8100:Financial services industry KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198413690?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Examining+Fannie+Mae&rft.au=Armando+Falcon+Jr.+Director%2C+Office+Of+Federal+Housing+Enterprise+Oversight&rft.aulast=Armando+Falcon+Jr.+Director&rft.aufirst=Office+Of+Federal+Housing+Enterprise&rft.date=2005-04-18&rft.volume=29&rft.issue=30&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Office of Federal Housing Enterprise Oversight; Fannie Mae N1 - Copyright - (Copyright c 2005 Thomson Media. All Rights Reserved.) N1 - People - Falcon, Armando N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US; Falcon, Armando ER - TY - JOUR T1 - Disclosure Helps FHLB System AN - 198400683 AB - The Federal Home Loan Banks are among the biggest debt issuers in the country, issuing roughly $500 billion in bonds annually in recent years. Given the size, growth and complexity of the Federal Home Loan Banks, it became a priority to move toward disclosures that provided more information to member financial institutions, the public, and investors. This need for transparency was a basic principle arguing for improved disclosures. As the Basel Committee and many other regulators have concluded, enhanced disclosures provide important benefits for safety and soundness. Consistent and transparent disclosures help achieve market discipline because investors in that market know more about the risks faced by the financial institutions in question. Market discipline, in effect, supplements the safety-and-soundness oversight of the Finance Board. JF - National Mortgage News AU - Alicia Castaneda, Chairman, Federal Housing Finance Board Y1 - 2004/10/04/ PY - 2004 DA - 2004 Oct 04 SP - 4 CY - New York PB - SourceMedia VL - 29 IS - 3 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Disclosure KW - United States KW - US KW - 8120:Retail banking services KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198400683?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Disclosure+Helps+FHLB+System&rft.au=Alicia+Castaneda%2C+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=Alicia+Castaneda&rft.aufirst=Chairman&rft.date=2004-10-04&rft.volume=29&rft.issue=3&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - (Copyright c 2004 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - OFHEO Needs More Funding AN - 198363195 AB - In testimony before the House Financial Services Committee, Armando Falcon, director of the Office of Federal Housing Enterprise Oversight, said the main reason the agency is seeking increased funding relates to 2 special examinations that the agency has initiated. OFHEO is currently overseeing corrective actions being taken by Freddie Mac on internal managment controls and accounting weaknesses. OFHEO's special examination of accounting practices at Fannie Mae is currently underway. OFHEO is seeking $59.2 million in the FY 2005 budget to more fully staff this new reorganized program. JF - National Mortgage News AU - Armando Falcon, Director, Office Of Federal Housing Enterprise Oversight Y1 - 2004/08/02/ PY - 2004 DA - 2004 Aug 02 SP - 4 CY - New York PB - SourceMedia VL - 28 IS - 44 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Congressional hearings KW - Government sponsored enterprises KW - Investigations KW - Funding KW - United States KW - US KW - 8120:Retail banking services KW - 9540:Non-profit institutions KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198363195?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=OFHEO+Needs+More+Funding&rft.au=Armando+Falcon%2C+Director%2C+Office+Of+Federal+Housing+Enterprise+Oversight&rft.aulast=Armando+Falcon&rft.aufirst=Director&rft.date=2004-08-02&rft.volume=28&rft.issue=44&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fannie Mae; Freddie Mac; Office of Federal Housing Enterprise Oversight N1 - Copyright - (Copyright c 2004 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - SEC Registration Gets Underway AN - 198383581 AB - In remarks to the House Financial Services Committee, Alicia Castaneda, chairman of the Federal Housing Finance Board, noted the board recently voted to require the Federal Home Loan Banks to register with the SEC. The Federal Home Loan Banks are among the biggest debt issuers in the country, issuing roughly $500 billion in bonds annually in recent years. Registration will ensure that Home Loan Bank disclosure standards are fully comparable to those of the other housing GSEs and large private financial institutions. JF - National Mortgage News AU - Alicia Castaneda Chairman, Federal Housing Finance Board Y1 - 2004/07/26/ PY - 2004 DA - 2004 Jul 26 SP - 4 CY - New York PB - SourceMedia VL - 28 IS - 43 SN - 10503331 KW - Business And Economics--Banking And Finance KW - SEC registration KW - Government sponsored enterprises KW - Disclosure KW - Regulatory agencies KW - Secondary mortgage market KW - United States KW - US KW - 8120:Retail banking services KW - 4310:Regulation KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198383581?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=SEC+Registration+Gets+Underway&rft.au=Alicia+Castaneda+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=Alicia+Castaneda+Chairman&rft.aufirst=Federal+Housing+Finance&rft.date=2004-07-26&rft.volume=28&rft.issue=43&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Housing Finance Board; Federal Home Loan Bank System N1 - Copyright - (Copyright c 2004 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - FHFB Seeks Dialogue with Banks AN - 198405905 AB - Alicia Castaneda, chairman at the Federal Housing Finance Board, made a statement at a recent board meeting. Her statement is presented. Castaneda said her goal as chairman will be to build upon the foundation and lead the Finance Board to the next level. She said that she will work tirelessly to ensure that the agency has whatever regulatory tools, staffing, and resources it needs to fully discharge its safety and soundness and mission-related responsibilities, including the affordable housing program. JF - National Mortgage News AU - Alicia Castaneda, Chairman, Federal Housing Finance Board Y1 - 2004/04/26/ PY - 2004 DA - 2004 Apr 26 SP - 4 CY - New York PB - SourceMedia VL - 28 IS - 31 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Affordable housing KW - Appointees KW - Regulatory agencies KW - Boards of directors KW - Government sponsored enterprises KW - United States KW - Castaneda, Alicia KW - US KW - 8120:Retail banking services KW - 4310:Regulation KW - 2110:Boards of directors KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198405905?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=FHFB+Seeks+Dialogue+with+Banks&rft.au=Alicia+Castaneda%2C+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=Alicia+Castaneda&rft.aufirst=Chairman&rft.date=2004-04-26&rft.volume=28&rft.issue=31&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Housing Finance Board N1 - Copyright - (Copyright c 2004 Thomson Media. All Rights Reserved.) N1 - Document feature - photographs N1 - People - Castaneda, Alicia N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US; Castaneda, Alicia ER - TY - JOUR T1 - Examining the GSEs AN - 198407597 AB - Armando Falcon, director at the Office of Federal Housing Enterprise Oversight, recently testified before a House Financial Services Subcommittee on OFHEO's December 2003 report of the special examination of Freddie Mac. Excerpts of his statement are presented. Freddie Mac employed a variety of techniques ranging from improper reserve accounts to complex derivative transactions to push earnings into future periods and meet earnings expectations. The report concluded that OFHEO must ensure that Freddie Mac has established an adequate remediation plan and is allocating the necessary resources to establish a new corporate culture that rewards integrity and the acceptance of responsibility, and that penalizes failure to meet appropriate standards of conduct. JF - National Mortgage News AU - Armando Falcon, Director, Office Of Federal Housing Enterprise Oversight Y1 - 2004/02/02/ PY - 2004 DA - 2004 Feb 02 SP - 4 CY - New York PB - SourceMedia VL - 28 IS - 19 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Regulatory agencies KW - Congressional hearings KW - Testimony KW - Investigations KW - Financial reporting KW - Compliance KW - United States KW - US KW - Falcon, Armando KW - 8120:Retail banking services KW - 4120:Accounting policies & procedures KW - 9550:Public sector KW - 4320:Legislation KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198407597?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Examining+the+GSEs&rft.au=Armando+Falcon%2C+Director%2C+Office+Of+Federal+Housing+Enterprise+Oversight&rft.aulast=Armando+Falcon&rft.aufirst=Director&rft.date=2004-02-02&rft.volume=28&rft.issue=19&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Freddie Mac; Office of Federal Housing Enterprise Oversight N1 - Copyright - (Copyright c 2004 Thomson Media. All Rights Reserved.) N1 - People - Falcon, Armando N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US; Falcon, Armando ER - TY - JOUR T1 - GSEs Can't Avoid All Risk AN - 198430571 AB - John Korsmo, chairman at the Federal Housing Finance Board, recently spoke at the Exchequer Club in Washington, DC, on the topic of GSE oversight. Excerpts of his prepared remarks are presented. There is - and always will be - room to improve oversight. However, there also are and always will be pressures for executives of government-sponsored enterprises to take risks, to push the envelope, and to maximize rewards to shareholders. Only in the odd realm of GSE housing policy does anyone even suggest that a GSE safety and soundness regulator not have the full powers held by regulators of thrifts, banks, and credit unions. The first step to getting regulatory reform back on track is to make an honest assessment of OFHEO and the Finance Board. JF - National Mortgage News AU - John Korsmo, Chairman, Federal Housing Finance Board Y1 - 2003/11/10/ PY - 2003 DA - 2003 Nov 10 SP - 4 CY - New York PB - SourceMedia VL - 28 IS - 9 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Regulatory reform KW - Policy making KW - United States KW - US KW - Korsmo, John KW - 8120:Retail banking services KW - 4310:Regulation KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198430571?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=GSEs+Can%27t+Avoid+All+Risk&rft.au=John+Korsmo%2C+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=John+Korsmo&rft.aufirst=Chairman&rft.date=2003-11-10&rft.volume=28&rft.issue=9&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Housing Finance Board; Office of Federal Housing Enterprise Oversight N1 - Copyright - (Copyright c 2003 Thomson Media. All Rights Reserved.) N1 - People - Korsmo, John N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US; Korsmo, John ER - TY - JOUR T1 - Funding Crucial to GSE Oversight AN - 198334752 AB - Armando Falcon, director at the Office of Federal Housing Enterprise Oversight, recently testified before the House Financial Services Committee on restructuring the regulatory oversight of the GSEs. Excerpts of his statement are presented. Five guiding principles were outlined, including : 1. The regulator should remain independent. 2. The regulator should be permanently funded, outside the appropriations process. 3. The regulator should have powers equal to those of other safety and soundness regulations. 4. The regulator should have full discretion in setting capital standards. 5. Legislation should build on progress made. JF - National Mortgage News AU - Armando Falcon, Director, Office Of Federal Housing Enterprise Oversight Y1 - 2003/10/13/ PY - 2003 DA - 2003 Oct 13 SP - 4 CY - New York PB - SourceMedia VL - 28 IS - 5 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Regulatory reform KW - Congressional hearings KW - Testimony KW - Regulatory agencies KW - Funding KW - United States KW - US KW - Falcon, Armando KW - 8120:Retail banking services KW - 4310:Regulation KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198334752?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Funding+Crucial+to+GSE+Oversight&rft.au=Armando+Falcon%2C+Director%2C+Office+Of+Federal+Housing+Enterprise+Oversight&rft.aulast=Armando+Falcon&rft.aufirst=Director&rft.date=2003-10-13&rft.volume=28&rft.issue=5&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Office of Federal Housing Enterprise Oversight N1 - Copyright - (Copyright c 2003 Thomson Media. All Rights Reserved.) N1 - People - Falcon, Armando N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US; Falcon, Armando ER - TY - JOUR T1 - OFHEO Tracks Freddie's Progress AN - 198434223 AB - Excerpts of Office of Federal Housing Enterprise Oversight Director Armando Falcon's testimony before the Committee on Banking, Housing and Urban Affairs on July 17, 2003, are presented. Pricewaterhousecoopers came to the Freddie Mac Board in mid-January 2003 and informed the audit committee they would be meeting with representatives from PwC's national office about unresolved accounting policy matters, related to FAS 133 implementation. OFHEO focused on its mission - safety and soundness - and emphasized to Freddie Mac the importance of properly concluding the re-audit and publishing certified financial statements. In May OFHEO observed slippage in the restatement process against established timeframes. JF - National Mortgage News AU - Armando Falcon, Director, Office of Federal Housing, Enterprise Oversight Y1 - 2003/07/28/ PY - 2003 DA - 2003 Jul 28 SP - 4 CY - New York PB - SourceMedia VL - 27 IS - 43 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Regulatory agencies KW - Financial reporting KW - Audit committees KW - Executives KW - United States KW - US KW - 2130:Executives KW - 8120:Retail banking services KW - 4120:Accounting policies & procedures KW - 4310:Regulation KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198434223?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=OFHEO+Tracks+Freddie%27s+Progress&rft.au=Armando+Falcon%2C+Director%2C+Office+of+Federal+Housing%2C+Enterprise+Oversight&rft.aulast=Armando+Falcon&rft.aufirst=Director&rft.date=2003-07-28&rft.volume=27&rft.issue=43&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Office of Federal Housing Enterprise Oversight N1 - Copyright - (Copyright c 2003 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Freddie Gives Disclosure Lesson AN - 198447907 AB - Just as the Federal Housing Finance Board needed to be strengthened, so must the Federal Home Loan Banks, through improved disclosure. Freddie Mac provides a useful lesson. Consider the context in which Freddie Mac's board of directors acted to correct problems, inform the market and restore confidence. The discovery of the possible accounting problems, the discovery that an executive may not have fully cooperated with the new auditors, and the Freddie Mac board's responses all happened because those directors had voluntarily agreed to meet the same standard of public accountability and transparency that apply to all their peers and competitors - all, that is, except the Federal Home Loan Banks. JF - National Mortgage News AU - John Korsmo, Chairman, Federal Housing Finance Board Y1 - 2003/06/23/ PY - 2003 DA - 2003 Jun 23 SP - 4 CY - New York PB - SourceMedia VL - 27 IS - 39 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Secondary mortgage market KW - Government agencies KW - Disclosure KW - United States KW - US KW - 8120:Retail banking services KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198447907?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Freddie+Gives+Disclosure+Lesson&rft.au=John+Korsmo%2C+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=John+Korsmo&rft.aufirst=Chairman&rft.date=2003-06-23&rft.volume=27&rft.issue=39&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Freddie Mac; Federal Housing Finance Board N1 - Copyright - (Copyright c 2003 Thomson Media. All Rights Reserved.) N1 - Last updated - 2016-01-29 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: The FHLBs and the SEC AN - 198425924 AB - John Korsmo, chairman of the Federal Housing Finance Board, discusses how FHLBank disclosure serves investors, the market, and taxpayers. Some argue that bringing Federal Home Loan Banks' periodic financial and governance reports into compliance with minimum standards for public securities issuers should wait. They contend that investors have not pressed the banks to register under the 1934 Securities Exchange Act and ask why bank should volunteer to disclose more. If GSE access to capital markets is interrupted for whatever reason, the consequences might be serious for the banks and real estate, homebuilding, mortgage lending, and other financial services. JF - National Mortgage News AU - John Korsmo Chairman, Federal Housing Finance Board Y1 - 2003/05/19/ PY - 2003 DA - 2003 May 19 SP - 4 CY - New York PB - SourceMedia VL - 27 IS - 34 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Disclosure KW - Investors KW - Compliance KW - Standards KW - United States KW - US KW - 3400:Investment analysis & personal finance KW - 8120:Retail banking services KW - 4310:Regulation KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198425924?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+The+FHLBs+and+the+SEC&rft.au=John+Korsmo+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=John+Korsmo+Chairman&rft.aufirst=Federal+Housing+Finance&rft.date=2003-05-19&rft.volume=27&rft.issue=34&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - (Copyright c 2003 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: Enhanced Disclosures Positive AN - 198342462 AB - Enhanced disclosure is an issue that the Finance Board and the 12 Home Loan Banks have been working on a great deal over the recent months, and the issue has real significance for banks that are members of a Federal Home Loan Bank. JF - National Mortgage News AU - John Korsmo, Chairman, Federal Housing Finance Board Y1 - 2003/03/17/ PY - 2003 DA - 2003 Mar 17 SP - 4 CY - New York PB - SourceMedia VL - 27 IS - 25 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Mortgage banks KW - Government sponsored enterprises KW - Disclosure KW - SEC registration KW - United States KW - US KW - 8120:Retail banking services KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198342462?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Enhanced+Disclosures+Positive&rft.au=John+Korsmo%2C+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=John+Korsmo&rft.aufirst=Chairman&rft.date=2003-03-17&rft.volume=27&rft.issue=25&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - (Copyright c 2003 Thomson Media. All Rights Reserved.) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: Benefits and Obligations of GSEs AN - 198344099 AB - Since the great Depression and especially since World War II, the federal government has made housing and homeownership a national priority. Policymakers have employed many tools over the years to promote that objective, including FHA and VA mortgage guarantees, the home mortgage interest tax deduction, creation of the Department of Housing and Urban Development, Ginnie Mae guarantees, and the creation of 3 government sponsored enterprises. The most significant benefit Fannie Mae and Freddie Mac enjoy is what many have described as the implied federal guarantee. These federal benefits bestowed upon Fannie Mae and Freddie Mac are not without certain expectations. JF - National Mortgage News AU - Armando Falcon, Director, Office of federal Housing, Enterprise Oversight Y1 - 2003/01/27/ PY - 2003 DA - 2003 Jan 27 SP - 4 EP - 4,21 CY - New York PB - SourceMedia VL - 27 IS - 18 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Secondary mortgage market KW - Liquidity KW - Federal regulation KW - United States KW - US KW - 8120:Retail banking services KW - 4310:Regulation KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198344099?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Benefits+and+Obligations+of+GSEs&rft.au=Armando+Falcon%2C+Director%2C+Office+of+federal+Housing%2C+Enterprise+Oversight&rft.aulast=Armando+Falcon&rft.aufirst=Director&rft.date=2003-01-27&rft.volume=27&rft.issue=18&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fannie Mae; Freddie Mac N1 - Copyright - (Copyright c 2003 Thomson Media. All Rights Reserved.) N1 - Last updated - 2014-05-07 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: The Multidistrict Question AN - 198373101 AB - Today a new conversation begins to examine how or if to modernize the membership terms of the Federal Home Loan Banks to assure the continued viability and stability of all 12, while recognizing the many changing patterns of operation among the nearly 8,000 members of the system. JF - National Mortgage News AU - John Korsmo, Chairman, Federal Housing Finance Board Y1 - 2003/01/06/ PY - 2003 DA - 2003 Jan 06 SP - 4 CY - New York PB - SourceMedia VL - 27 IS - 15 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Home loans KW - Government sponsored enterprises KW - Memberships KW - United States KW - US KW - 8120:Retail banking services KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198373101?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+The+Multidistrict+Question&rft.au=John+Korsmo%2C+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=John+Korsmo&rft.aufirst=Chairman&rft.date=2003-01-06&rft.volume=27&rft.issue=15&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - (Copyright c 2003 Thomson Media. All Rights Reserved.) N1 - Last updated - 2016-01-29 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: Capital Plans for the FHLBs AN - 198305249 AB - Chairman Korsmo recently addressed America's Community Bankers 2002 Government Affairs Conference in Washington - one day before the finance board approved a capital plan for the Seattle FHLB. Excerpts of his speech are presented as our Open Forum. The Federal Home Loan Banks have brought up one more regulatory issue that we may have to consider, and that's regulations to govern the issuance of mortgage-backed securities. The Chicago Bank pioneered a program called MPF - Mortgage Partnership Finance - that nine of the banks are participating in, allowing them to purchase mortgages from member institutions. Three other FHL Banks use the MPP, or Mortgage Purchase Program, system. A principal purpose of authorizing the Banks to issue mortgage- backed securities is to maximize the potential of MPF to improve liquidity and lower costs to homebuyers. So, in pursuing this new tool, the Banks should improve their cooperation in managing and marketing MPF. JF - National Mortgage News AU - John T. Korsmo, Chairman, Federal Housing Finance Board Y1 - 2002/03/25/ PY - 2002 DA - 2002 Mar 25 SP - 4 CY - New York PB - SourceMedia VL - 26 IS - 26 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Government sponsored enterprises KW - Capital requirements KW - Safety & soundness KW - United States KW - US KW - 8120:Retail banking services KW - 4310:Regulation KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198305249?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Capital+Plans+for+the+FHLBs&rft.au=John+T.+Korsmo%2C+Chairman%2C+Federal+Housing+Finance+Board&rft.aulast=John+T.+Korsmo&rft.aufirst=Chairman&rft.date=2002-03-25&rft.volume=26&rft.issue=26&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - (Copyright 2002 Thomson Financial. All Rights Reserved) N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: FHLB System Embraces Mandate AN - 198355383 AB - For instance, in Tupelo, Mississippi, the FHLBank of Dallas gave an AHP grant of $115,000 to Habitat for Humanity and Metro Jackson, Inc. to construct 23 single-family homes for very low-income first- time homebuyers. The total project cost was $1,276,500, and the AHP funds will be used to buy down the principal and for down- payment assistance. Homeowners will be required to contribute sweat equity and attend budget counseling. How wonderful! Even though the FHLBank is only $115,000 of that $1,276,500 - the bottom line is that the FHLBank is helping 23 families to become homeowners and empowering them through budget counseling! Just to give you another idea of the impact of the FHLBank System: the FHLBank of Pittsburgh recently - in just one AHP funding round - funded more than $6.65 million in grants to support over $105 million in low-cost housing development. Again, some may say the funding role of the system is a small one, but it is clearly an essential one. I would argue that for a grant program funded entirely by the net income of the system, it is pretty impressive. Since 1990, the system has given $515.2 million in AHP subsidies and that amount continues to grow. I must mention another particular interest I have in the AHP. In 1989, I suffered a massive stroke at the age of 34. My wife and I had just found out we were expecting our first child. I was paralyzed and mute. It was during those months in a wheelchair and going to physical therapy that I realized just how necessary accessible housing and simple factors like ramps are to handicapped individuals. JF - National Mortgage News AU - J. Timothy O'Neill, Director, Federal Housing Finance Board Y1 - 2000/12/18/ PY - 2000 DA - 2000 Dec 18 SP - 5 CY - New York PB - SourceMedia VL - 25 IS - 13 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Affordable housing KW - Government sponsored enterprises KW - Low income groups KW - United States KW - O Neill, Tim KW - US KW - 8120:Retail banking services KW - 9550:Public sector KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198355383?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+FHLB+System+Embraces+Mandate&rft.au=J.+Timothy+O%27Neill%2C+Director%2C+Federal+Housing+Finance+Board&rft.aulast=J.+Timothy+O%27Neill&rft.aufirst=Director&rft.date=2000-12-18&rft.volume=25&rft.issue=13&rft.spage=5&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright American Banker-Bond Buyer, a Division of Thomson Publishing Corporation Dec 18, 2000 N1 - People - O Neill, Tim N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US; O Neill, Tim ER - TY - JOUR T1 - HEL securities are just around the corner AN - 222466500; 00099961 AB - A secondary market for home equity loans (HELs) is certain to develop as the loans become more popular, but obstacles include: 1) the slow development of consumer loan securities; 2) the instability of the loans' cash flow; 3) the linking of HEL interest rates to the prime rate; and 4) the immaturity of the market. Rating agencies have securitization concerns about balloon obligations, basis risk, tail risk, and negative amortization. The agencies are attracted to home equity loans because of their low charge-off and delinquency rates and their upscale borrowers. JF - Federal Home Loan Bank Board Journal AU - Travers, Peter J AU - Lopez-Balboa, Victor M Y1 - 1988/11// PY - 1988 DA - Nov 1988 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 18 IS - 1 SN - 07370725 KW - Public Administration KW - Securitization KW - Secondary Markets KW - Second Mortgages KW - Risk KW - How-to KW - Asset Liability Management KW - US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222466500?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=HEL+securities+are+just+around+the+corner&rft.au=Travers%2C+Peter+J%3BLopez-Balboa%2C+Victor+M&rft.aulast=Travers&rft.aufirst=Peter&rft.date=1988-11-01&rft.volume=18&rft.issue=1&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1988 N1 - Last updated - 2014-05-16 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - US ER - TY - JOUR T1 - What makes cap hedges valuable? AN - 222405298; 00099962 AB - Interest rate caps have become a popular hedging device because they set a maximum level on the interest paid on short-term deposits. Purchasers of caps pay nothing to sellers after the initial fee. In 1988, the FHLBB okayed a formula allowing thrifts to claim a hedging credit even if the cap index rate does not increase to equal the strike rate. Effective March 31, 1988, the FHLBB adopted a variable credit for finding the hedging value. An out-of-the-money cap might be preferred by an institution that can take a rate increase of 100-200 basis points. JF - Federal Home Loan Bank Board Journal AU - Spahr, Ronald W AU - Luytjes, Jan E AU - Edwards, Donald G Y1 - 1988/11// PY - 1988 DA - Nov 1988 SP - 6 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 18 IS - 1 SN - 07370725 KW - Public Administration KW - Thrift Institutions KW - Risk KW - Portfolio Management KW - Interest Rates (credit) KW - Hedging KW - Bank Liabilities KW - Bank Assets KW - Asset Liability Management KW - US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222405298?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=What+makes+cap+hedges+valuable%3F&rft.au=Spahr%2C+Ronald+W%3BLuytjes%2C+Jan+E%3BEdwards%2C+Donald+G&rft.aulast=Spahr&rft.aufirst=Ronald&rft.date=1988-11-01&rft.volume=18&rft.issue=1&rft.spage=6&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fhlbb N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1988 N1 - Last updated - 2014-05-16 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - US ER - TY - JOUR T1 - Secondary Mortgage Markets: Recent Trends and Research Results AN - 222466296; 00241103; 00202984 AB - The development of an organized secondary market for conventional mortgage loans during the 1970s and early 1980s has: 1. given mortgage instruments more liquidity, 2. provided greater flexibility in managing portfolios, 3. reduced lenders' risk, and 4. created a fertile field for research. Economic theory suggests that the development of the secondary market would bring mortgage rates more in line with other interest rates and would reduce interregional differences in rates. A number of studies have already been conducted on both these topics. Studies using statistical data through 1978 confirm that mortgage yields have been reduced, but recent interest rate volatility appears to have increased the spread. Two major studies - one by Morrell and Saba (1983) and one by Rudolph, Zumpano, and Karson (1982) - investigated the effect of the development of the secondary market for conventional loans on interregional differences, and neither found a major impact. JF - Federal Home Loan Bank Board Journal AU - McNulty, James E Y1 - 1984/04// PY - 1984 DA - Apr 1984 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 3 SN - 07370725 KW - Public Administration KW - Secondary markets KW - Mortgages KW - Interest rates KW - Secondary Mortgage Market KW - Mortgage Backed Securities KW - Interest Rates (credit) KW - Fnma KW - Bonds KW - Adjustable Rate Mortgages KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222466296?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Secondary+Mortgage+Markets%3A+Recent+Trends+and+Research+Results&rft.au=McNulty%2C+James+E&rft.aulast=McNulty&rft.aufirst=James&rft.date=1984-04-01&rft.volume=17&rft.issue=3&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Government National Mortgage Association; Federal Home Loan Mortgage Corporation N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Future Housing Demands and Sources of Mortgage Money AN - 222466235; 00241102; 00202983 AB - In the 1960s, population growth was the most important factor in determining household formations; however, it was less of a factor in the 1970s, when changes in age distribution became more important. The sharp decline in new housing starts during the first 3 years of this decade, along with a vacancy factor that did not decline substantially, indicates that the demand potential stemming from headship rates (the proportion of individuals in a population subgroup who are household heads) has been reduced. Housing demand over the remainder of the 1980s will depend on the economy, particularly as it influences the headship rates of individuals; currently, it appears that housing starts may average about 1.7 million annually. Deregulation implies that thrifts will be somewhat less important as sources of financing and that mortgage-backed securities and the secondary market for mortgage loans will be more important, as will alternative mortgage financing arrangements. Thrifts will need to become more involved with the secondary market and mortgage-backed securities to maintain their position in real estate finance markets. JF - Federal Home Loan Bank Board Journal AU - Winger, Alan R Y1 - 1984/04// PY - 1984 DA - Apr 1984 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 3 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Mortgages KW - Housing starts KW - Households KW - Home financing KW - Thrift Institutions KW - Secondary Markets KW - Mortgage Backed Securities KW - Housing Starts KW - Funding Sources KW - Forecasting KW - Demographics KW - US KW - 9140:Statistical data KW - 8120:Retail banking services KW - 1110:Economic conditions & forecasts UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222466235?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Future+Housing+Demands+and+Sources+of+Mortgage+Money&rft.au=Winger%2C+Alan+R&rft.aulast=Winger&rft.aufirst=Alan&rft.date=1984-04-01&rft.volume=17&rft.issue=3&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - US ER - TY - JOUR T1 - Asset and Liability Management: Form and Function of the Committee AN - 222404903; 00241104; 00155533; 00202985 AB - Deregulation and its consequences are prompting thrift institutions to reevaluate their approach to funds management, but many uncertainties exist regarding the form and function of asset/liability management. The precise mix of funds and the growth rate of total assets will probably follow general role models provided within the deregulated industry, although asset-liability management must reflect the individual operations of each institution rather than an industry norm. Asset/liability management must identify and determine an optimal risk/return trade-off; factors to be considered are growth, spread, and mix. Associations should appoint an asset/liability committee, composed of senior officers, to be responsible for gathering and using funds. Successful committees: 1. get long-term guidance and operating instructions from the board of directors, 2. meet regularly, 3. require advance preparations and distribution of reports, 4. evaluate the consequences of proposed actions, 5. deliberate alternatives quantitatively and qualitatively, 6. assign action-oriented guidelines with deadlines for individuals, and 7. provide feedback to the board. JF - Federal Home Loan Bank Board Journal AU - Handorf, William C AU - McCarthy, Michael P Y1 - 1984/04// PY - 1984 DA - Apr 1984 SP - 15 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 3 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Finance committees KW - Bank liabilities KW - Bank assets KW - Asset management KW - Thrift Institutions KW - Strategic Planning KW - Organizational Structure KW - Directors KW - Competition KW - Asset Liability Management KW - 8120:Retail banking services KW - 3100:Capital & debt management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404903?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Asset+and+Liability+Management%3A+Form+and+Function+of+the+Committee&rft.au=Handorf%2C+William+C%3BMcCarthy%2C+Michael+P&rft.aulast=Handorf&rft.aufirst=William&rft.date=1984-04-01&rft.volume=17&rft.issue=3&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1984 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds in the Fourth Quarter 1983 AN - 222403195; 00241106; 00155535; 00202989 AB - During the last quarter of 1983, both mortgage lending and deposit flow to federally insured savings and loan associations (S&L) declined from 3rd quarter levels. S&Ls continued the increase in borrowings and the reduction in liquidity holdings begun during the 3rd quarter to obtain funds for lending. There was a reduction in jumbo certificate acquisitions and an increase in interest credits to an all-time quarterly high of $11.8 billion, and changes in deposit structure were significantly affected by the removal of rate controls on virtually all retail certificate accounts, effective last October. Mortgage loan repayments reached a record 4th-quarter level of $17.5 billion, but were down slightly from the 3rd-quarter peak; outstanding commitments for future mortgage lending increased $0.6 billion, a contra-seasonal increase. The overall decline in lending activity was the net effect of mixed trends in loan purpose and property types. On balance, S&Ls increased their net sales of mortgages and their nonmortgage lending activity. S&Ls also increased borrowings by $5.9 billion, to $91 billion. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia K Y1 - 1984/04// PY - 1984 DA - Apr 1984 SP - 25 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 3 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Mortgages KW - Lending KW - Deposit accounts KW - Secondary Mortgage Markets KW - Savings & Loan Associations KW - Liquidity KW - Jumbo Certificates Of Deposit KW - Installment Loans KW - Certificates Of Deposit KW - Bank Profitability KW - Bank Deposits KW - US KW - 8120:Retail banking services KW - 3100:Capital & debt management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403195?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds+in+the+Fourth+Quarter+1983&rft.au=Olin%2C+Virginia+K&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1984-04-01&rft.volume=17&rft.issue=3&rft.spage=25&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - US ER - TY - JOUR T1 - The Development of Terminal-Based EFT Delivery Systems in the Eighties AN - 222403142; 00241105; 00202986 AB - To meet the challenges created by deregulation and changing social conditions and consumer preferences, savings & loan associations (S&L) must develop cohesive electronic funds transfer (EFT) strategies that will position them for successful competition. Within the retail sector, S&Ls are faced with 4 service options from which to develop EFT strategies: 1. With the automated teller machines (ATM) option, the industry must follow a steep ATM growth and development curve to close the competitive gap with respect to commercial banks, and must consider the choice of a network. 2. With the point-of-sale (POS) option, membership within a viable POS network will be of major competitive importance to S&Ls; now is the time for them to start assessing the POS market. 3. Regarding the telephone bill payment (TBP) option, thrifts have been the innovators and have taken the lead; TBP systems cannot generate volumes of transactions but are considered the precursor to videotex/home banking. 4. In videotex/home banking, the large commercial banks dominate the early projects, so S&Ls should be positioning themselves to take advantage of networks when they develop. JF - Federal Home Loan Bank Board Journal AU - Dart, Richard R Y1 - 1984/04// PY - 1984 DA - Apr 1984 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 3 SN - 07370725 KW - Public Administration KW - Videotex KW - Telephone banking KW - Savings & loan associations KW - EFTS KW - Computer terminals KW - Computer networks KW - Automated teller machines KW - Telephone Bill Paying Services KW - Technology KW - Savings & Loan Associations KW - Point Of Sale Systems KW - Home Banking Services KW - Future Of Banking KW - Efts KW - Automated Teller Machines KW - Automated Teller Machine Networks KW - 8120:Retail banking services KW - 5250:Telecommunications systems UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403142?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Development+of+Terminal-Based+EFT+Delivery+Systems+in+the+Eighties&rft.au=Dart%2C+Richard+R&rft.aulast=Dart&rft.aufirst=Richard&rft.date=1984-04-01&rft.volume=17&rft.issue=3&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Crimes Against Financial Institutions Decline Further in First Half of 1983 AN - 222466362; 00240489; 00205371 AB - During the first half of 1983, crimes against all financial institutions declined nearly 10% - the 3rd consecutive decline - to a total of 3,189. That figure is the lowest since the first half of 1979, when 3,127 crimes were reported. All financial institutions' totals fell, with savings and loan associations and commercial banks comprising most of the decline. Robberies fell 8.3%, to 2,915, while burglaries fell 26.5%, to 188 incidents; larcenies declined 15.6%, to 86. States with the most crimes were California (1,245), New York (255), and Florida (151). States and territories with the fewest crimes were Guam, South Dakota, and the Virgin Islands - all with no crimes - and Vermont, with one. Perpetrators known to be involved with robberies, burglaries, and larcenies totaled 3,805, compared to 3,318 during the previous 6 months. Eight persons were killed and 66 injured during the commission of crimes, the lowest since the last half of 1978. Hobbs Act violations for all institutions increased from 85 to 95, while fraud and embezzlement investigations dropped slightly to 4,352. JF - Federal Home Loan Bank Board Journal AU - Daniels, Peggy W Y1 - 1984/03// PY - 1984 DA - Mar 1984 SP - 12 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 2 SN - 07370725 KW - Public Administration KW - Statistical data KW - Larceny KW - Financial institutions KW - Embezzlement KW - Crime KW - Burglary KW - Robberies KW - Hobbs Act KW - Bank Crimes KW - 9140:Statistical data KW - 8110:Commercial banking services KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222466362?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Crimes+Against+Financial+Institutions+Decline+Further+in+First+Half+of+1983&rft.au=Daniels%2C+Peggy+W&rft.aulast=Daniels&rft.aufirst=Peggy&rft.date=1984-03-01&rft.volume=17&rft.issue=2&rft.spage=12&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Bureau Of Investigation N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1984 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Swiss Mortgage Industry AN - 222409979; 00240490; 00205372 AB - Switzerland has a large and powerful domestic mortgage industry that forms the basis of its excellent banking system. Striking features of the system include: 1. the highest per capita mortgage indebtedness in the world, 2. interest rates that rarely fluctuate more than 2%-3%, and 3. the highest withholding tax rate in any country. Mortgages are collateralized with the land upon which the housing is located; thus, property rights are shared pursuant to the mortgage agreement. The most important lenders are the large banks and the cantonal (state) banks. The mortgage rate is a leading interest rate indicator because of the country's high level of indebtedness. This rate is usually very low; currently it is only 5.5% annually. Nearly all people are involved as either savers or tenants, and as the Swiss are the world's biggest savers, the level of mortgage rates for both groups is decisive for interest and rental rates. The Swiss mortgage industry has experienced great transformation over the past 20 years because of changes in practices and levels of competition. JF - Federal Home Loan Bank Board Journal AU - Schuster, Leo AU - Beckstrom, Rod A Y1 - 1984/03// PY - 1984 DA - Mar 1984 SP - 15 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 2 SN - 07370725 KW - Public Administration KW - Mortgages KW - Mortgage banks KW - Interest rates KW - Switzerland KW - 9175:Western Europe KW - 8120:Retail banking services KW - 9170:Non-US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409979?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Swiss+Mortgage+Industry&rft.au=Schuster%2C+Leo%3BBeckstrom%2C+Rod+A&rft.aulast=Schuster&rft.aufirst=Leo&rft.date=1984-03-01&rft.volume=17&rft.issue=2&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Switzerland ER - TY - JOUR T1 - The Mortgage Industry in the Federal Republic of Germany AN - 222405016; 00240491; 00205373 AB - Nearly 17 million new housing units were built in Germany between 1948 and 1982, during which time the size and quality of the units improved considerably. With the beginning of the recession, the building of private homes fell noticeably, and the crisis reached a high point in 1982. Private housing construction could revive if the economic setting improves; there is pent-up demand for home ownership, as well as a need for modernization, renovation, and energy-saving measures. Construction was given impetus in 1983, with a reduction in interest rates, tax deductions of certain interest payments, and an increase in public housing construction allocations. The important sources of housing finance are the Bausparkassen and the building and loan associations. Under the latter, the home builder saves until 40% of the mortgage loan is deposited, then receives the 40% plus a mortgage equal to 60% of the savings amount. The government provides construction bonuses to the housing savings industry. JF - Federal Home Loan Bank Board Journal AU - Beck, Herbert Y1 - 1984/03// PY - 1984 DA - Mar 1984 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 2 SN - 07370725 KW - Public Administration KW - Mortgages KW - Mortgage banks KW - Interest rates KW - Housing KW - Home financing KW - Real Estate KW - Housing Starts KW - Economy KW - Federal Republic of Germany KW - Germany KW - 8370:Construction & related industries KW - 9175:Western Europe KW - 8120:Retail banking services KW - 9170:Non-US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222405016?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Mortgage+Industry+in+the+Federal+Republic+of+Germany&rft.au=Beck%2C+Herbert&rft.aulast=Beck&rft.aufirst=Herbert&rft.date=1984-03-01&rft.volume=17&rft.issue=2&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Germany; Federal Republic of Germany ER - TY - JOUR T1 - Housing and Housing Finance in the Republic of Korea: Part 2 AN - 222404961; 00240492; 00205374 AB - In the Republic of Korea, the Korea Housing Bank (KHB) is the only financial institution specializing in housing finance. Together with the National Housing Fund (NHF), the KHB plays a key role in financing housing funds: the KHB accounts for 27.8% of the total housing loans, the NHF for 59.1%. The KHB acquires its funds through various types of deposits, the NHF through national housing bonds, housing lotteries, and foreign loans. The KHB provides housing loans and regular loans on a commercial basis, while the NHF is used only to finance national housing projects. Problems with housing finance in Korea include: 1. a severe imbalance between supply and demand in the housing fund market, 2. lack of a secondary mortgage market, 3. the paucity of institutions involved in housing finance, 4. the limitation of housing loans to small houses, 5. the lack of tax incentives for home ownership, and 6. the requirement that potential borrowers contribute to the NHF housing funds. JF - Federal Home Loan Bank Board Journal AU - Park, Choon Bae Y1 - 1984/03// PY - 1984 DA - Mar 1984 SP - 24 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 2 SN - 07370725 KW - Public Administration KW - Housing KW - Home loans KW - Home financing KW - Financial institutions KW - Real Estate KW - National Housing Fund KW - Mortgages KW - Korea Housing Bank KW - Republic of Korea KW - 8370:Construction & related industries KW - 8120:Retail banking services KW - 9179:Asia & the Pacific KW - 9170:Non-US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404961?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Housing+and+Housing+Finance+in+the+Republic+of+Korea%3A+Part+2&rft.au=Park%2C+Choon+Bae&rft.aulast=Park&rft.aufirst=Choon&rft.date=1984-03-01&rft.volume=17&rft.issue=2&rft.spage=24&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Republic of Korea ER - TY - JOUR T1 - An Introductory Overview of Federal Securities Law for Savings Institutions AN - 222404917; 00240488 AB - A savings and loan association (S&L) can become subject to the Securities Exchange Act of 1934 and an entirely new regulatory regime in one of 2 ways: 1. following conversion from mutual to stock form, or 2. upon reaching a public stock ownership/asset threshold. Converted S&Ls are subject to the Exchange Act for at least 3 years. For FSLIC-insured S&Ls and federally chartered savings banks, the act is administered and enforced by the Federal Home Loan Bank Board (FHLBB). An S&L registers under the act by filing a Form 10 with the FHLBB; regular updating of information in the form is mandatory. Persons or entities acquiring beneficial ownership of over 5% of a class of voting stock of an S&L that is subject to the act must file a report with the FHLBB. Other areas covered by the Exchange Act are: 1. proxy rules, 2. tender offer rules, 3. disclosure and stock trading restrictions on S&L officers, directors, and stockholders, and 4. special confidentiality and disclosure obligations. JF - Federal Home Loan Bank Board Journal AU - Williams, Julie L Y1 - 1984/03// PY - 1984 DA - Mar 1984 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 2 SN - 07370725 KW - Public Administration KW - Tender offers KW - Stock offerings KW - Savings & loan associations KW - SEC proxy rules KW - SEC filing requirements KW - SEC 34 KW - Proxy statements KW - Proxy solicitation KW - Disclosure KW - Bank stocks KW - 8120:Retail banking services KW - 4320:Legislation KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404917?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=An+Introductory+Overview+of+Federal+Securities+Law+for+Savings+Institutions&rft.au=Williams%2C+Julie+L&rft.aulast=Williams&rft.aufirst=Julie&rft.date=1984-03-01&rft.volume=17&rft.issue=2&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - An Examination of Auditor Concentration in the Savings and Loan Industry AN - 222466432; 00234232; 00155531; 00206953 AB - A study was undertaken to determine the relationship between auditor concentration and production of financial information within the savings and loan (S&L) industry. Audit information on all Federal Home Loan Bank districts, except Districts 2 and 6, from 1976 to 1980 was utilized. The data consisted of information on the 13 accounting firms most frequently represented in the districts (the Big Eight and 5 regional firms), institutional size, and accounting fees. A high concentration of audit engagements by the top 4 accounting firms was indicated, in terms of size of institutions audited and fee income generated for each district, and within each district. On an industrywide basis, a 4-firm concentration ratio by size of assets audited shows variation in the selection of auditor for S&L engagements among districts. Data across time on concentration by institution size and fees charged indicate that accounting firms performing S&L audits serve their clients within the industry on a long-term basis and maintain stable rates. JF - Federal Home Loan Bank Board Journal AU - Thompson, A Frank, Jr AU - Stiner, Frederic M, Jr Y1 - 1984/02// PY - 1984 DA - Feb 1984 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 1 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Concentration KW - Audits KW - Auditors KW - Accounting firms KW - Seidman & Seidman KW - Savings & Loan Associations KW - Peat, Marwick, Mitchell & Company KW - Main Hurdman KW - Leventhol & Horwath KW - Fox & Company KW - Ernst & Whinney KW - Deloitte, Haskins & Sells KW - Coopers & Lybrand KW - Auditing KW - Arthur Young & Company KW - Arthur Andersen & Company KW - Alexander Grant & Company KW - 9140:Statistical data KW - 8120:Retail banking services KW - 4130:Auditing UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222466432?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=An+Examination+of+Auditor+Concentration+in+the+Savings+and+Loan+Industry&rft.au=Thompson%2C+A+Frank%2C+Jr%3BStiner%2C+Frederic+M%2C+Jr&rft.aulast=Thompson&rft.aufirst=A&rft.date=1984-02-01&rft.volume=17&rft.issue=1&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fhlbb N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Strategic Planning in a Competitive Market Setting AN - 222410051; 00234231 AB - Strategic planning is more vital than ever for savings and loan associations (S&L). The initial element in the process is setting goals and objectives. If S&Ls continue to operate in a deregulated setting, the basic goal will be profit maximization. Market distinctions, particularly between perfectly and imperfectly competitive markets, will bear on the strategies appropriate for maximizing profits. In perfectly competitive markets, thrifts will have to choose the most profitable activities, developing some kind of functional cost scheme that enables them to allocate costs between activities. In imperfectly competitive markets, profit maximizing behavior requires a concern not only with volume and costs, but with price. That requires a much more detailed knowledge of the appropriate markets. Thus, important areas of consideration in developing a strategic plan are functional cost analysis, pricing financial services, and measuring and dealing with risk. JF - Federal Home Loan Bank Board Journal AU - Winger, Alan R Y1 - 1984/02// PY - 1984 DA - Feb 1984 SP - 6 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 1 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Profit maximization KW - Federal legislation KW - Deregulation KW - Corporate planning KW - Corporate objectives KW - 8120:Retail banking services KW - 2310:Planning UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222410051?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Strategic+Planning+in+a+Competitive+Market+Setting&rft.au=Winger%2C+Alan+R&rft.aulast=Winger&rft.aufirst=Alan&rft.date=1984-02-01&rft.volume=17&rft.issue=1&rft.spage=6&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Housing and Housing Finance in the Republic of Korea: Part 1 AN - 222405309; 00234233 AB - The Republic of Korea has a continuous housing shortage, due in part to recent rapid urbanization and nuclear family formation. The situation is expected to improve with the current 5-year economic and social development plan. The Ministry of Construction establishes housing policies and programs, which are then carried out largely by the Korea Housing Bank, the Korea National Housing Corp., and the Korea Land Development Corp. In addition to the housing shortage, problems include: 1. a rapid increase in housing price, 2. a discrepancy between the relatively well-to-do and the relatively poor in housing services consumption, and 3. the scheduled removal of a substantial part of the housing stock in the near future due to poor quality. The government will attempt to build 1.46 million units and to increase the housing supply ratio from 66.7% to 78.4% by the end of 1986. The biggest obstacle to the successful implementation of the program will be the availability of funds. JF - Federal Home Loan Bank Board Journal AU - Park, Choon Bae Y1 - 1984/02// PY - 1984 DA - Feb 1984 SP - 15 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 1 SN - 07370725 KW - Public Administration KW - Housing needs KW - Housing KW - Government agencies KW - Functions KW - Construction industry KW - Republic of Korea KW - 8370:Construction & related industries KW - 9179:Asia & the Pacific KW - 9170:Non-US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222405309?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Housing+and+Housing+Finance+in+the+Republic+of+Korea%3A+Part+1&rft.au=Park%2C+Choon+Bae&rft.aulast=Park&rft.aufirst=Choon&rft.date=1984-02-01&rft.volume=17&rft.issue=1&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Republic of Korea ER - TY - JOUR T1 - Mutual-to-Stock Conversions: Thrifts Capitalize on the Stock Market AN - 222400776; 00234230; 00155534; 00206625 AB - Savings and loan associations have raised over $2.7 billion since the beginning of 1983 through sales of stock in conversions from the mutual to stock form of organization. The conversion procedure is regulated by the Federal Home Loan Bank Board (FHLBB), and usually consists of the following steps: 1. The board of directors engages counsel and drafts a conversion plan, which is then published. 2. The association files Form AC, which contains the plan of conversion, to obtain FHLBB approval, 3. After the application is approved, the association distributes its proxy statement to members for approval by a majority. 4. The subsequent sale of stock follows a strict set of priorities, with accountholders, members, employees and directors, and the general public being the proper order. The FHLBB has imposed certain post-conversion limitations on officers and directors and has adopted a new regulation authorizing modified conversions designed to fit institutions that could not previously have qualified. JF - Federal Home Loan Bank Board Journal AU - Fleck, J Larry AU - Stewart, James C Y1 - 1984/02// PY - 1984 DA - Feb 1984 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 17 IS - 1 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Procedures KW - Organizational KW - Forms KW - Federal legislation KW - Equity financing KW - Conversion KW - Alternative KW - Thrift Institutions KW - Stocks KW - Stockholders KW - Home Owners' Loan Acts Of 1933 & 1948 KW - 8120:Retail banking services KW - 3100:Capital & debt management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400776?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Mutual-to-Stock+Conversions%3A+Thrifts+Capitalize+on+the+Stock+Market&rft.au=Fleck%2C+J+Larry%3BStewart%2C+James+C&rft.aulast=Fleck&rft.aufirst=J&rft.date=1984-02-01&rft.volume=17&rft.issue=1&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Earnings of FSLIC-Insured Institutions: First Half, 1983 AN - 222410106; 00230485; 00207967 AB - The first half of 1983 was characterized by a further improvement in earnings of Federal Savings & Loan Insurance Corp. (FSLIC)-insured institutions. As a result, most of the industry returned to profitability for the first time since the second half of 1980. FSLIC-insured institutions had a net aftertax income of $1.1 billion during January-June 1983. The operating expense-to-average assets ratio increased to 1.66% for the period, due to increases in both employee compensation and miscellaneous operating expenses. Gross operating income also increased, but proportionately less than the rise in assets. Interest income from mortgage loans and contracts reached $25.8 billion. Interest expenses on deposits and borrowings totaled $33.4 billion, $1.9 billion less than such costs during the previous 6 months. Interest paid on deposits decreased 2.5% to $28.6 billion. Interest expenses on borrowed money declined 20%, to $1.2 billion. Net non-operating income declined $0.5 billion to total $1.8 billion. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1984/01// PY - 1984 DA - Jan 1984 SP - 24 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 12 SN - 07370725 KW - Public Administration KW - Working capital KW - Statistical data KW - Savings & loan associations KW - Rates of return KW - Earnings KW - Corporate profits KW - Savings Banks KW - Savings & Loan Associations KW - Profitability KW - Operating Costs KW - Noninterest Income KW - Interest Income KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222410106?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Earnings+of+FSLIC-Insured+Institutions%3A+First+Half%2C+1983&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1984-01-01&rft.volume=16&rft.issue=12&rft.spage=24&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fslic N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Cash Dividends in the Savings and Loan Industry AN - 222405371; 00230483; 00155532; 00207968 AB - Capital stock savings and loan associations (S&L) have unique constraints on their ability to pay cash dividends to their stockholders, which stem from provisions of the Internal Revenue Code (IRC) and regulatory net worth requirements that apply to insured S&Ls. A framework of complex rules is thus created. With an understanding of these rules by the institution's stockholders and with informative disclosures contained in the financial statements, associations can be evaluated fairly in the capital markets. An example is given that demonstrates the difference in federal income tax treatment between an S&L and a commercial enterprise. A ''gross up'' is demonstrated, under which approximately twice the amount of a dividend distributed to stockholders may be includable in an S&L's gross income for tax purposes. Further examples illustrate the impact on book and tax income resulting from the amortization of goodwill and accretion of the loan portfolio discount and the sale of the loans at a book gain. JF - Federal Home Loan Bank Board Journal AU - McEachern, Doug AU - Forer, Henry D Y1 - 1984/01// PY - 1984 DA - Jan 1984 SP - 14 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 12 SN - 07370725 KW - Public Administration KW - Tax deductions KW - Savings & loan associations KW - Purchase accounting (acquisitions) KW - Equity KW - Dividends KW - Bad debts KW - Taxes KW - Stockholders KW - Savings & Loan Associations KW - Regulations KW - Internal Revenue Code KW - Accounting KW - 8120:Retail banking services KW - 4120:Accounting policies % procedures KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222405371?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Cash+Dividends+in+the+Savings+and+Loan+Industry&rft.au=McEachern%2C+Doug%3BForer%2C+Henry+D&rft.aulast=McEachern&rft.aufirst=Doug&rft.date=1984-01-01&rft.volume=16&rft.issue=12&rft.spage=14&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fslic N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Merging of the Savings and Loan Industry AN - 222405187; 00230482; 00208528 AB - Changes in the number of savings and loan associations (S&L) from year to year occur for 4 reasons: 1. voluntary, supervisory, and Federal Savings and Loan Insurance Corp. (FSLIC)-assisted mergers, 2. new charters, 3. member terminations, and 4. defaulted (liquidated) associations. Most of the changes in industry size are the result of mergers, and voluntary mergers constitute the majority of all S&L merger activity. In voluntary mergers, the characteristics of acquiring and acquired institutions are very similar, except in asset size. Financial ratios vary little in terms of asset quality, liability, structure, and profitability. In supervisory mergers, financial ratios indicate that acquiring S&Ls have substantially better performance levels than the institutions they acquire. When the Federal Home Loan Bank Board has exhausted supervisory merger possibilities, the FSLIC uses the most appropriate combination of assistance, including purchase of assets, loans, contributions, and notes. JF - Federal Home Loan Bank Board Journal AU - Gould, Julia A Y1 - 1984/01// PY - 1984 DA - Jan 1984 SP - 6 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 12 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Bank assets KW - Acquisitions & mergers KW - Savings & Loan Associations KW - Phoenix Program KW - Mergers & Acquisitions KW - Flsic KW - South Carolina KW - New Mexico KW - South KW - Alabama KW - Florida KW - Tennessee KW - Louisiana KW - Maryland KW - Southeast KW - Wisconsin KW - Ohio KW - Southwest KW - US KW - Illinois KW - Virginia KW - Mississippi KW - Texas KW - Washington, DC KW - North Carolina KW - Kentucky KW - Georgia KW - Mid-Atlantic KW - Arkansas KW - Midwest KW - 9140:Statistical data KW - 2330:Acquisitions & mergers KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222405187?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Merging+of+the+Savings+and+Loan+Industry&rft.au=Gould%2C+Julia+A&rft.aulast=Gould&rft.aufirst=Julia&rft.date=1984-01-01&rft.volume=16&rft.issue=12&rft.spage=6&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Fhlbb N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Wisconsin; Washington, DC; Virginia; US; Texas; Tennessee; Southwest; Southeast; South Carolina; South; Ohio; North Carolina; New Mexico; Mississippi; Midwest; Mid-Atlantic; Maryland; Louisiana; Kentucky; Illinois; Georgia; Florida; Arkansas; Alabama ER - TY - JOUR T1 - Competing in the Current Marketplace AN - 222405102; 00230484; 00207963 AB - In an interview, Joseph Reppert, president of AmeriFirst Mortgage Corp. (Miami, Florida), discussed the institution's lending approach in light of recent changes within the savings and loan business. Three years ago, AmeriFirst separated the deposit side of the business from the lending side, both physically and in practice. The primary reasons for adopting this approach were operational flexibility and personnel motivation. This year, AmeriFirst will close $850 million in new originated mortgages, 90% of which are adjustable. AmeriFirst emphasizes adjustable mortgages because of today's unstable economic environment. The secondary market is another reason for the mortgage banking approach, because there probably is a source of funds for long-term fixed rate mortgages. In Florida, AmeriFirst competes with many large successful California operations. JF - Federal Home Loan Bank Board Journal AU - Anonymous Y1 - 1984/01// PY - 1984 DA - Jan 1984 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 12 SN - 07370725 KW - Public Administration KW - Variable interest rates KW - Strategic KW - Savings & loan associations KW - Planning KW - Mortgages KW - Mortgage banks KW - Marketing KW - Case studies KW - Savings & Loan Associations KW - Amerifirst Mortgage Corporation KW - Amerifirst Federal KW - Miami KW - US KW - Florida KW - Southwest KW - 9110:Company specific/case studies KW - 8120:Retail banking services KW - 2310:Planning UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222405102?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Competing+in+the+Current+Marketplace&rft.au=Anonymous&rft.aulast=Anonymous&rft.aufirst=&rft.date=1984-01-01&rft.volume=16&rft.issue=12&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - US; Southwest; Miami; Florida ER - TY - JOUR T1 - The Financial Outlook for the Savings and Loan Industry AN - 222403257; 00230481; 00208529 AB - The outlook for the savings and loan (S&L) industry depends on interest rates and housing activity and on the difficult strategic and portfolio restructuring decisions the thrift industry must make in the future. The single most important factor that can distort the true economic outlook for the thrift industry in the near future is the very steep interest rate yield curve that has existed since the fall of 1982. The current slope and the durability of passbook deposits could result in accounting profit figures for the thrift industry over the next few years that have little relation to long-term economic reality. It is often inferred that because thrift borrowings are of short maturity and because the bulk of their assets is in 25- to 30-year fixed-rate mortgages, it will take decades before thrifts can effectively change their exposure to interest rate fluctuations. Economic analysis shows that 3-5 years provide thrift institutions with the leverage needed to substantially decrease their interest rate risk. JF - Federal Home Loan Bank Board Journal AU - Hemel, Eric I Y1 - 1984/01// PY - 1984 DA - Jan 1984 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 12 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Profitability KW - Mortgages KW - Interest rates KW - Earnings KW - Business conditions KW - Savings & Loan Associations KW - Interest Rates (deposits) KW - Interest Rates (credit) KW - Future Of Banking KW - Economics KW - California KW - San Francisco KW - US KW - Pacific KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403257?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Financial+Outlook+for+the+Savings+and+Loan+Industry&rft.au=Hemel%2C+Eric+I&rft.aulast=Hemel&rft.aufirst=Eric&rft.date=1984-01-01&rft.volume=16&rft.issue=12&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1984 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - US; San Francisco; Pacific; California ER - TY - JOUR T1 - On the Importance of Functional Cost Data to Thrift Institutions AN - 222465510; 00227777; 00139857 AB - Recent deregulation has made cost control more important for thrift institutions. The first step in controlling costs is to set up a cost control program based on functional cost data, which refers to cost information categorized by firm activity that can be readily differentiated. The focus is on products or services. While estimating functional costs can be expensive, it is important for multi-product firms because different products will have different profit margins. The main problem in estimating functional costs is allocating common costs; this can be solved by setting up an effective accounting system. Thrifts can now move into many new areas, including intermediation, trading, service, portfolio management, and administration and custodial. Federal Reserve data on the profitability of such areas can help thrifts choose which areas to become involved in. Using this data, banks can compare their experience with the aggregate of banks of the same size. JF - Federal Home Loan Bank Board Journal AU - Winger, Alan R Y1 - 1983/12// PY - 1983 DA - Dec 1983 SP - 4 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 11 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Functional KW - Costs KW - Cost volume profit analysis KW - Cost allocation KW - Cost accounting KW - 8120:Retail banking services KW - 4120:Accounting policies % procedures UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465510?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=On+the+Importance+of+Functional+Cost+Data+to+Thrift+Institutions&rft.au=Winger%2C+Alan+R&rft.aulast=Winger&rft.aufirst=Alan&rft.date=1983-12-01&rft.volume=16&rft.issue=11&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sales: A Key to the Thrifts' Survival AN - 222465456; 00227776 AB - As a result of deregulation and stiff competition, savings and loans (S&L) will have to develop assertive sales staffs to survive. A study of Financial Institution Marketing Association members was done to see how the institutions were progressing in both in-branch sales and outside sales. A full 43.4% are making efforts to improve their outside salesforce, and there is a strong movement to take care of walk-in business. Of the thrifts surveyed, 25% have initiated a formalized telephone sales effort. In most cases, only one executive is in charge of the sales program; 33% of the time, the marketing director has control. This could pose a problem, since most marketing directors have no accountability over branch personnel. While 62% of the thrifts still do not measure the sales results of individuals on the staff, a movement in this direction is apparent. Only 13% report that they tie employee compensation to sales performance. The thrifts are beginning to provide sales training in such areas as product knowledge and customer service. JF - Federal Home Loan Bank Board Journal AU - Scherr, Ellen T Y1 - 1983/12// PY - 1983 DA - Dec 1983 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 11 SN - 07370725 KW - Public Administration KW - Surveys KW - Savings & loan associations KW - Salespeople KW - Sales KW - 8120:Retail banking services KW - 7300:Sales & selling UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465456?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sales%3A+A+Key+to+the+Thrifts%27+Survival&rft.au=Scherr%2C+Ellen+T&rft.aulast=Scherr&rft.aufirst=Ellen&rft.date=1983-12-01&rft.volume=16&rft.issue=11&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Capital Market Access for Small Thrift Institutions - Part 2 AN - 222404573; 00227778 AB - The major benefits of the capital markets are a more diversified source of funds and the ability to access funds with a much longer maturity than that of retail savings. Small thrifts have problems in accessing the capital markets because the issuance costs are too large relative to the size of the issue, and the issue cannot be large enough for a secondary market to develop. Small thrifts can enter the capital markets, however, by issuing negotiable certificates of deposit backed by Federal Savings & Loan Insurance Corp. (FSLIC) insurance, or by mortgage-collateralizing debt. Thrifts can indirectly enter the capital markets through such conduits as: 1. Federal Home Loan Bank advances, 2. Federal National Mortgage Association (FNMA) programs that will acquire mortgages for cash, 3. The Mortgage Guaranty Insurance Corp., 4. Merrill Lynch mortgage-backed securities, and 5. the Residential Funding Corp. There are both federal and state regulations that may constrain access to the capital markets. JF - Federal Home Loan Bank Board Journal AU - Puglisi, Donald J AU - McKenzie, Joseph A Y1 - 1983/12// PY - 1983 DA - Dec 1983 SP - 8 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 11 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Sales of securities KW - Regulation KW - Long term debt KW - Investments KW - Capital markets KW - Capital costs KW - 8120:Retail banking services KW - 4310:Regulation KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404573?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Capital+Market+Access+for+Small+Thrift+Institutions+-+Part+2&rft.au=Puglisi%2C+Donald+J%3BMcKenzie%2C+Joseph+A&rft.aulast=Puglisi&rft.aufirst=Donald&rft.date=1983-12-01&rft.volume=16&rft.issue=11&rft.spage=8&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Capital market strategies for thrift institutions AN - 222465556; 00211337 AB - The need for capital market access by small thrift institutions is mandatory for their profit stability and viability. Capital market access can provide thrifts with: 1) growth capabilities 2) needed diversification 3) needed fund alternatives for better control of the overall cost of capital and 4) reduction in interest-rate risk exposure. For thrift institutions, the effective and least expensive way to lengthen the average duration of liabilities would be through Federal Home Loan Bank advances and the issuance of retail negotiable certificates of deposit. "The most effective means of asset liquification is the use of federally-sponsored secondary market agencies." Issuance of preferred stock, although likely to be expensive, may be particularily attractive during periods when equity markets are receptive to the common stock of thrifts that are converting from the mutual to the stock form. JF - Federal Home Loan Bank Board Journal AU - Puglisi, Donald J AU - Mckenzie, Joseph A Y1 - 1983/11// PY - 1983 DA - Nov 1983 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 10 SN - 07370725 KW - Public Administration KW - Thrift Institutions KW - Securities KW - Secondary Market KW - Preferred Stock KW - Mortgages KW - Eurodollars KW - Common Stock KW - Certificates Of Deposit KW - Bonds KW - Bank Capital KW - Asset Liability Management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465556?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Capital+market+strategies+for+thrift+institutions&rft.au=Puglisi%2C+Donald+J%3BMckenzie%2C+Joseph+A&rft.aulast=Puglisi&rft.aufirst=Donald&rft.date=1983-11-01&rft.volume=16&rft.issue=10&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Effects of New Competition in Local Markets: Fourth District Evidence AN - 222409105; 00226434; 00211335 AB - An examination of the effects of mergers and other forms of new competition on local markets in the Fourth Federal Home Loan District from 1974-1981 is presented. Two hypotheses are tested regarding ''foothold acquisitions,'' which occur when a relatively large association acquires an association that has a small share of the savings in its home market: 1. The acquiring association is likely to be a more effective competitor than the one it replaced; changes in market shares of 18 associations entering new markets by foothold acquisitions are compared to those of a control group of 63 associations with small market shares. 2. Foothold acquisitions result in more competitive markets; changes in the market concentration were studied in the 16 markets entered by foothold acquisitions. Results indicate: 1. that the acquiring associations were more effective competitors than the ones they replaced, supporting the first hypothesis, and 2. that the markets entered by foothold acquisition did not become significantly less concentrated, and so, became only slightly more competitive. JF - Federal Home Loan Bank Board Journal AU - Vanderlinden, Mark J Y1 - 1983/11// PY - 1983 DA - Nov 1983 SP - 12 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 10 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Market shares KW - Growth KW - Competition KW - Acquisitions & mergers KW - Mergers & Acquisitions KW - Large Banks KW - Herfindahl Hirschman Index KW - Community Banks KW - 2330:Acquisitions & mergers KW - 8120:Retail banking services KW - 7000:Marketing UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409105?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Effects+of+New+Competition+in+Local+Markets%3A+Fourth+District+Evidence&rft.au=Vanderlinden%2C+Mark+J&rft.aulast=Vanderlinden&rft.aufirst=Mark&rft.date=1983-11-01&rft.volume=16&rft.issue=10&rft.spage=12&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - A Small Savings and Loan Association's Entry into the Secondary Mortgage Market: How to Do It AN - 222404241; 00226433; 00211336 AB - In September 1978, Monmouth Federal Savings and Loan Association (Newport, Kentucky) became a full-fledged ''player'' in the national secondary mortgage market with the sale of its first loan package to the Federal Home Loan Mortgage Corp. Mortgage loans were sold initially because local loan demand exceeded the association's supply of funds; later, in the early 1980s, Monmouth sold loans to generate more fee income with new loans, reduce interest rate risk, and turn a profit. Loans were sold to the Federal Home Loan Mortgage Corp. (FHLMC), the Federal National Mortgage Association (FNMA), the Kentucky Housing Corp. (KHC), and the respective housing revenue bond trustees of Boone, Campbell, and Kenton Counties in Kentucky. The rewards for selling in the national secondary mortgage market include: 1. more origination fees, 2. service fee income, 3. profit from sales, 4. higher liquidity, 5. faster turnover of loan portfolios, 6. better serving of the housing market, 7. better relationship with builders and realtors, 8. reduced tax liability, and 9. improved profitability. JF - Federal Home Loan Bank Board Journal AU - Taylor, Harold E Y1 - 1983/11// PY - 1983 DA - Nov 1983 SP - 9 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 10 SN - 07370725 KW - Public Administration KW - Secondary KW - Savings & loan associations KW - Mortgages KW - Loans KW - Interest rates KW - Fannie Mae KW - Case studies KW - Secondary Mortgage Market KW - Savings & Loan Associations KW - Pmi KW - Monmouth Federal Savings & Loan Association KW - Khc KW - Fnma KW - Community Banks KW - US KW - Newport KW - Kentucky KW - South KW - 9110:Company specific/case studies KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404241?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=A+Small+Savings+and+Loan+Association%27s+Entry+into+the+Secondary+Mortgage+Market%3A+How+to+Do+It&rft.au=Taylor%2C+Harold+E&rft.aulast=Taylor&rft.aufirst=Harold&rft.date=1983-11-01&rft.volume=16&rft.issue=10&rft.spage=9&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Ginnie Mae; Freddie Mac; Government National Mortgage Association; Federal Home Loan Mortgage Corporation N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - US; South; Newport; Kentucky ER - TY - JOUR T1 - Capital Market Strategies for Thrift Institutions (Part 1) AN - 222400141; 00226432 AB - Thrifts need to access the capital markets to obtain capital for growth, to diversify the capital base, to manage the cost of funds, and to manage interest-rate risk exposure. The mortgage instrument is the primary investment medium of most savings and loan associations (S&L) and many banks; within this area, capital funds can be generated with mortgage-backed bonds, pay-through bonds, cash flow bonds, serial mortgage certificates, and mortgage sales and swaps. Non-mortgage related debt which can be utilized might include Federal Home Loan Bank (FHLB) advances, Eurodollar borrowings, unsecured straight and convertible bonds, and longer lived certificates of deposit (CD). Useful equity-type securities are mutual capital certificates (MCC), preferred stocks, including convertible preferreds, common stock, and conversion from mutual to stock form. For most thrifts, the most effective and least expensive way to lengthen the average duration of liabilities is the long-term FHLB advances, and the most effective means of asset liquification is the use of federally sponsored secondary market agencies. JF - Federal Home Loan Bank Board Journal AU - Puglisi, Donald J AU - McKenzie, Joseph A Y1 - 1983/11// PY - 1983 DA - Nov 1983 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 10 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Portfolio investments KW - Mortgage bonds KW - Money markets KW - Interest rates KW - Certificates of deposit KW - Capital markets KW - Capital costs KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400141?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Capital+Market+Strategies+for+Thrift+Institutions+%28Part+1%29&rft.au=Puglisi%2C+Donald+J%3BMcKenzie%2C+Joseph+A&rft.aulast=Puglisi&rft.aufirst=Donald&rft.date=1983-11-01&rft.volume=16&rft.issue=10&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Estimating the Uninsured Deposit Liability AN - 222400060; 00226435; 00211334 AB - A study was recently undertaken to determine if the grouping method used during an insurance settlement to determine uninsured deposits could be applied at an aggregate level, prior to a default, to estimate the uninsured deposits of a potential insurance settlement case. A total of 26 associations, out of 61 selected randomly, agreed to participate in the study. The jumbo accounts of each association were grouped into a number of categories; an examination of the groupings revealed no consistent profile of account holders for a particular size of savings association and no correlation with associations' savings size and percentage of jumbo funds. However, it was found: 1. Irrevocable trust accounts had a significant percent of total funds greater than $100,000 per account holder, with most funds fully insured. 2. Individual and joint accounts had few uninsured funds over $100,000. 3. Public units were insured only up to $100,000. The use of these account ownership assumptions on potential uninsured funds improved the accuracy of the grouping estimate and the ability to prepare for an insurance settlement. JF - Federal Home Loan Bank Board Journal AU - Verley, Gail Y1 - 1983/11// PY - 1983 DA - Nov 1983 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 10 SN - 07370725 KW - Public Administration KW - Surveys KW - Savings & loan associations KW - Liability KW - Deposit insurance KW - Deposit accounts KW - Default KW - Deposits (aggregate Bank Liability) KW - 8120:Retail banking services KW - 8220:Property casualty insurance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400060?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Estimating+the+Uninsured+Deposit+Liability&rft.au=Verley%2C+Gail&rft.aulast=Verley&rft.aufirst=Gail&rft.date=1983-11-01&rft.volume=16&rft.issue=10&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fslic N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The New Consolidated Return Income Tax Rules Affecting Thrift Institutions AN - 222465636; 00221715; 00139854; 00212688 AB - Recently amended Internal Revenue Service regulations relating to thrift institutions that file consolidated federal income tax returns with their affiliates were designed to limit thrifts' alleged abuse of the percentage-of-taxable-income bad debt deduction. The final regulations: 1. narrow the definition of functionally related activities, 2. expand netting and restoration rules, and 3. eliminate the direct impact of nonfunctionally related losses. The regulations allow restorations of previous reductions in bad debt deductions if a nonthrift subsequently has income from functionally related activities. The new definition of functionally related activities will require thrifts to restructure their accounting systems. The impact of the new regulations can be reduced by offsetting functionally related losses with nonfunctionally related income of a nonthrift member, and by restructuring service corporation activities. JF - Federal Home Loan Bank Board Journal AU - McCahill, Robert T AU - Schmidt, H W, Jr AU - Revell, S. T. R., III AU - Erikson, Walter E Y1 - 1983/10// PY - 1983 DA - Oct 1983 SP - 18 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 9 SN - 07370725 KW - Public Administration KW - Tax regulations KW - Tax planning KW - Savings & loan associations KW - Internal Revenue Code KW - Corporate income tax KW - Consolidated tax returns KW - personal profiles KW - Thrift Institutions KW - Taxes KW - 4210:Institutional taxation KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465636?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+New+Consolidated+Return+Income+Tax+Rules+Affecting+Thrift+Institutions&rft.au=McCahill%2C+Robert+T%3BSchmidt%2C+H+W%2C+Jr%3BRevell%2C+S.+T.+R.%2C+III%3BErikson%2C+Walter+E&rft.aulast=McCahill&rft.aufirst=Robert&rft.date=1983-10-01&rft.volume=16&rft.issue=9&rft.spage=18&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Internal Revenue Service N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds in the Second Quarter 1983 AN - 222404621; 00221716; 00212689 AB - During the second quarter of 1983, deposit balances at federally insured savings and loans grew by $21.5 billion, money market deposit account (MMDA) balances rose by $3.7 billion, and passbook account balances grew by $5.2 billion. Mortgage repayments and mortgage lending activity each increased; new mortgage commitments rose by 38.7% from the first quarter, to a total of $44.1 billion. Gross mortgage loan sales and purchases also rose. Non-mortgage consumer lending rose $1.4 billion, about the same as the first quarter's increase. A deceleration in deposit growth, paired with high mortgage lending, caused liquid assets to decline substantially. Still, holdings rose to $81.4 billion. The deposit flow slowdown and mortgage lending increase also affected borrowings: the ratio of total borrowings to deposits rose only slightly, while borrowing from sources other than the Federal Home Loan Banks rose $2.9 billion. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia K Y1 - 1983/10// PY - 1983 DA - Oct 1983 SP - 24 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 9 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Mortgages KW - Bank deposits KW - personal profiles KW - Savings & Loan Associations KW - Money Market Deposit Accounts KW - 9140:Statistical data KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404621?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds+in+the+Second+Quarter+1983&rft.au=Olin%2C+Virginia+K&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1983-10-01&rft.volume=16&rft.issue=9&rft.spage=24&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Fslic N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Default Prevention, Financial Analysis and Modeling: The FSLIC Perspective AN - 222402492; 00221714; 00139851; 00212687 AB - The Federal Savings and Loan Insurance Corp. (FSLIC) and its quantitative analysis division (QAD) help savings and loans (S&Ls) prevent default in many ways, including: 1. liquidation and receivership, 2. rehabilitation with assistance, 3. net worth certificates, 4. branch sales, and 5. supervisory conversions. The best method for helping an S&L is determined via sophisticated computer financial modeling techniques. A financial model is created by examining asset costs, yields, and operating ratios. A market rate scenario of future industry conditions is combined with current characteristics of ailing S&Ls to create assumptions used in a forecast of the future financial condition of an S&L. The QAD's financial modeling capabilities include a standard comparative performance analysis that all S&Ls must pass. QAD models enable the FSLIC to determine how much risk it will incur in assisting troubled S&Ls, and have a variety of applications. JF - Federal Home Loan Bank Board Journal AU - McGuirk, Edward J Y1 - 1983/10// PY - 1983 DA - Oct 1983 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 9 SN - 07370725 KW - Public Administration KW - Tests KW - Savings & loan associations KW - Performance KW - Models KW - Financial analysis KW - Default KW - personal profiles KW - Computer Based Modeling KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402492?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Default+Prevention%2C+Financial+Analysis+and+Modeling%3A+The+FSLIC+Perspective&rft.au=McGuirk%2C+Edward+J&rft.aulast=McGuirk&rft.aufirst=Edward&rft.date=1983-10-01&rft.volume=16&rft.issue=9&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Fslic N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Gray Urges Congress to Reaffirm Thrifts' Housing Finance Role AN - 222402427; 00221713 AB - Thrifts and banks are vital elements of the US economy. The Garn-St Germain Act of 1982 strengthened the financial stability of the thrift industry by providing the flexibility necessary to maintain its role of providing credit to housing. Current legislative proposals would limit the vital contributions of thrift service corporations and thereby impede the profit generating capabilities of thrifts. Proposals to amend the Unitary Savings and Loan Holding Company Act are based on the erroneous assumption that commercial banks and thrifts are alike and should be subject to the same regulations. Another proposal seeks to shift regulatory authority over thrift holding companies to the Federal Reserve Board from the Federal Home Loan Bank Board (FHLBB), when there is no evidence that the FHLBB has not been an adequate authority. The merger of investment banking with depository banking introduces new risks for thrifts. JF - Federal Home Loan Bank Board Journal AU - Gray, Edwin J Y1 - 1983/10// PY - 1983 DA - Oct 1983 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 9 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulation KW - Mortgages KW - Housing KW - Home loans KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402427?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Gray+Urges+Congress+to+Reaffirm+Thrifts%27+Housing+Finance+Role&rft.au=Gray%2C+Edwin+J&rft.aulast=Gray&rft.aufirst=Edwin&rft.date=1983-10-01&rft.volume=16&rft.issue=9&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Santa Ana Commercial Rehabilitation Program AN - 222465681; 00216260 AB - The Santa Ana commercial rehabilitation loan program is designed to assist in the revitalization of an aging downtown business district in Orange County, California. It is a cooperative venture between a federally chartered savings and loan association and the Santa Ana Economic Development Corp. Since late 1981, the program has generated over $1 million in low-interest rehabilitation loans. The program has been successful in combating the causes of urban blight because it: 1. enables government to leverage private investment with a limited injection of public funds, 2. is a revolving loan fund, 3. assists government in targeting specific locations and/or types of business, and 4. offers long-term financing at a reasonable interest rate. Rehabilitation projects recently approved will generate over 100 jobs. A list of program funding procedures is included. JF - Federal Home Loan Bank Board Journal AU - Bundy, Lydia S AU - Cunningham, Henry C Y1 - 1983/09// PY - 1983 DA - Sep 1983 SP - 16 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 8 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Rehabilitation KW - Financing KW - Cooperation KW - Community development KW - Central business districts KW - Case studies KW - Bank loans KW - California KW - 8110:Commercial banking services KW - 9110:Company specific/case studies KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465681?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Santa+Ana+Commercial+Rehabilitation+Program&rft.au=Bundy%2C+Lydia+S%3BCunningham%2C+Henry+C&rft.aulast=Bundy&rft.aufirst=Lydia&rft.date=1983-09-01&rft.volume=16&rft.issue=8&rft.spage=16&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - California ER - TY - JOUR T1 - Crimes Against Financial Institutions Decline During Second Half of 1982 AN - 222404670; 00216261 AB - Crimes against all financial institutions declined from 3,595 to 3,540 during the 2nd half of 1982, according to the most recent Federal Bureau of Investigation (FBI) bank crime statistics report. Despite the continued decline, the number is still higher than in the first half of 1980. Burglaries accounted for most of the decline, followed by robberies. Crimes against savings and loan associations and credit unions increased, while those against mutual savings banks decreased 11.3%. California, New York, Florida, Texas, and Pennsylvania had the highest number of crimes against financial institutions during the 2nd half of 1982. California led all states with 14 Hobbs Act violations. Fraud and embezzlement losses increased to $228.9 million from $172.6 million. Injuries and deaths associated with crimes also increased. JF - Federal Home Loan Bank Board Journal AU - Daniels, Peggy W Y1 - 1983/09// PY - 1983 DA - Sep 1983 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 8 SN - 07370725 KW - Public Administration KW - Statistical data KW - State KW - Larceny KW - Financial institutions KW - Crime KW - Burglary KW - 9140:Statistical data KW - 8100:Financial services industry KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404670?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Crimes+Against+Financial+Institutions+Decline+During+Second+Half+of+1982&rft.au=Daniels%2C+Peggy+W&rft.aulast=Daniels&rft.aufirst=Peggy&rft.date=1983-09-01&rft.volume=16&rft.issue=8&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Funds Deployment and Money Market Deposit Accounts AN - 222404350; 00216259; 00139860; 00213986 AB - Although an important vehicle for saving and loan (S&L) associations, the money market deposit account (MMDA) presents S&L managers with difficult issues. These include: 1. the impact of MMDAs on an S&L's liability composition, 2. the MMDA's effect on the S&L's liability interest rate sensitivity, and 3. how deployment of funds from the MMDAs will affect an S&L's interest rate sensitivity gap. As MMDAs become an increasing proportion of S&L liability structures, these structures will become more sensitive to short-term interest rates. While control over the change in its liability structure may be limited, an S&L can control changes in the rate sensitivity gap through its deployment of funds raised through the MMDA. Investment strategies for S&Ls include: 1. immunized deployment, 2. traditional cash market outlets, 3. Eurodollar certificates of deposit, 4. Yankee commercial paper, and 5. Edge Act bankers' acceptances. JF - Federal Home Loan Bank Board Journal AU - Puglisi, Donald J AU - Vignola, Anthony J, Jr Y1 - 1983/09// PY - 1983 DA - Sep 1983 SP - 9 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 8 SN - 07370725 KW - Public Administration KW - Sensitivity KW - Savings & loan associations KW - Money markets KW - Interest rates KW - Hedging KW - Futures KW - Deposit accounts KW - Certificates of deposit KW - Bank liabilities KW - Bank assets KW - Money Market Deposit Accounts KW - Garn-st. Germain Depository Institutions Act Of 1982 KW - Depository Institutions Deregulation & Monetary Cont KW - Asset Liability Management KW - 8120:Retail banking services KW - 3100:Capital & debt management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404350?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Funds+Deployment+and+Money+Market+Deposit+Accounts&rft.au=Puglisi%2C+Donald+J%3BVignola%2C+Anthony+J%2C+Jr&rft.aulast=Puglisi&rft.aufirst=Donald&rft.date=1983-09-01&rft.volume=16&rft.issue=8&rft.spage=9&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fhlbb N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Matching Assets and Liabilities in a Thrift Portfolio AN - 222402568; 00216258; 00213984 AB - New Federal Home Loan Mortgage Corp. (FHLMC) initiatives for the multi-family housing market include a plan to provide: 1. up to $7.5 million for fixed-rate long-term loans that are not assumable, and 2. as much as $20 million for assumable loans repayable in 15 years with no prepayments in the first 5 years. The FHLMC will purchase these new multi-family loans under 2 commitment programs: 1. mandatory delivery, and 2. prior approval optional delivery. To further tap the multi-family market, a $1 billion issue of collateralized mortgage obligations (CMOs) has been offered. The CMO is a critically important tool for thrift managers in that it provides the opportunity to match closely portfolio assets and liabilities. New programs also are available for adjustable rate mortgages. JF - Federal Home Loan Bank Board Journal AU - Gray, Edwin J Y1 - 1983/09// PY - 1983 DA - Sep 1983 SP - 3 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 8 SN - 07370725 KW - Public Administration KW - Secondary markets KW - Savings & loan associations KW - Mortgages KW - Home loans KW - Thrift Institutions KW - Secondary Mortgage Market KW - Garn-st. Germain Depository Institutions Act Of 1982 KW - Asset Liability Management KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402568?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Matching+Assets+and+Liabilities+in+a+Thrift+Portfolio&rft.au=Gray%2C+Edwin+J&rft.aulast=Gray&rft.aufirst=Edwin&rft.date=1983-09-01&rft.volume=16&rft.issue=8&rft.spage=3&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Freddie Mac; Federal Home Loan Bank Board; Fhlbb; Federal Home Loan Mortgage Corporation N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Thrifts and Deregulation: Freddie Mac's Role AN - 222465841; 00215689; 00215042 AB - The Federal Home Loan Mortgage Corp. (Freddie Mac) has programs and securities that help thrift institutions respond to the newly deregulated environment by: 1. providing the flexibility to shorten the average maturity of assets, and 2. allowing separation of lending strategies and portfolio strategies. Exposure to interest rate risk can be reduced by a combination of these strategies: 1. Originate more adjustable rate mortgages to shorten asset maturity. 2. Originate long-term fixed-rate mortgages (FRMs), sell the FRMs to Freddie Mac to avoid interest rate risk, and retain the servicing and originating fees. 3. Originate FRMs and use Freddie Mac's Guarantor program to swap them for Freddie Mac mortgage participation certificates. Thrift managers should consider how to use the secondary market developed by Freddie Mac to help achieve their goals. JF - Federal Home Loan Bank Board Journal AU - Thygerson, Kenneth J Y1 - 1983/08// PY - 1983 DA - Aug 1983 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 7 SN - 07370725 KW - Public Administration KW - Variable interest rates KW - Savings & loan associations KW - Mortgages KW - Fixed rates KW - Disclosure KW - Deregulation KW - Thrift Institutions KW - Secondary Mortgage Market KW - Product Development KW - 8120:Retail banking services KW - 4310:Regulation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465841?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Thrifts+and+Deregulation%3A+Freddie+Mac%27s+Role&rft.au=Thygerson%2C+Kenneth+J&rft.aulast=Thygerson&rft.aufirst=Kenneth&rft.date=1983-08-01&rft.volume=16&rft.issue=7&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Freddie Mac; Federal Home Loan Mortgage Corporation N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Effect of Assumption Financing on Residential Property Values AN - 222465782; 00215693; 00215234 AB - Real estate appraisers and lenders must recognize the necessity of making adjustments for financing terms in residential appraisals, particularly in view of assumption financing. While an appropriate method has not been developed for adjusting for the various types of creative financing, one accepted method in assumption financing is the cash equivalence method. To determine if that method is an over-adjustment in computing comparable sales, a regression equation may be estimated that measures the extent to which the assumption financing is valued by a homebuyer. The results show that the cash equivalence technique is excessive. Observations from the data sample used in such a study show that the regression results provide for more accurate adjustment to reflect the type of financing. JF - Federal Home Loan Bank Board Journal AU - Sirmans, G Stacy AU - Sirmans, C F AU - Smith, Stanley D Y1 - 1983/08// PY - 1983 DA - Aug 1983 SP - 22 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 7 SN - 07370725 KW - Public Administration KW - Real estate appraisal KW - Property values KW - Impacts KW - Home loans KW - Financing KW - Assumption KW - Real Estate KW - 8120:Retail banking services KW - 8360:Real estate industry UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465782?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Effect+of+Assumption+Financing+on+Residential+Property+Values&rft.au=Sirmans%2C+G+Stacy%3BSirmans%2C+C+F%3BSmith%2C+Stanley+D&rft.aulast=Sirmans&rft.aufirst=G&rft.date=1983-08-01&rft.volume=16&rft.issue=7&rft.spage=22&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Weekly Mortgage Payments - A Canadian Experiment AN - 222465745; 00215692; 00215380 AB - Some Canadian financial institutions have adopted the concept of fast-pay mortgages, either weekly or biweekly. An analysis of examples using both payment methods indicates that such fast-pay mortgages provide borrowers with the advantages of a forced savings, which is more real than perceived, and of mortgage payments matched with salary paydays, which assists in family budgeting. The advantages to mortgage lenders include: 1. dramatic improvement in cash flow, permitting lenders to relend funds with increased frequency, and 2. the excellent opportunity for lending institutions to promote their public relations by demonstrating their receptiveness to new ideas for reducing the high costs of mortgage financing. JF - Federal Home Loan Bank Board Journal AU - Silverstein, Alan Y1 - 1983/08// PY - 1983 DA - Aug 1983 SP - 18 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 7 SN - 07370725 KW - Public Administration KW - Payments KW - Mortgages KW - Methods KW - Advantages KW - Loan Payment Methods KW - Canada KW - 9172:Canada KW - 8120:Retail banking services KW - 9170:Non-US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465745?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Weekly+Mortgage+Payments+-+A+Canadian+Experiment&rft.au=Silverstein%2C+Alan&rft.aulast=Silverstein&rft.aufirst=Alan&rft.date=1983-08-01&rft.volume=16&rft.issue=7&rft.spage=18&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Canada ER - TY - JOUR T1 - Options, Commitments, and Risk Adjustment AN - 222409299; 00215691 AB - The free market system auction was an option substitute whereby mortgage lenders who bid successfully were awarded commitments from the Federal National Mortgage Association (FNMA) to acquire mortgages in an amount and at a yield stated in the mortgage lender's bid. While the commitments were FNMA obligations to acquire mortgages during the commitment period, the delivery of mortgages was not mandatory and remained the choice of the commitment holder. Commitments with these characteristics became analogous to options with the FNMA. System auction commitments obligated the FNMA to buy mortgages tendered by the commitment holder on set terms, and are therefore comparable to put options, with the FNMA functioning as an option writer. An analogy may be drawn between options, or commitments, and term insurance, where mortgage lenders holding commitments are holding insurance interest rate risk. JF - Federal Home Loan Bank Board Journal AU - Morrissey, Thomas F Y1 - 1983/08// PY - 1983 DA - Aug 1983 SP - 15 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 7 SN - 07370725 KW - Public Administration KW - Risk KW - Put & call options KW - Options KW - Mortgages KW - Interest rates KW - Futures market KW - Futures KW - Fannie Mae KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409299?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Options%2C+Commitments%2C+and+Risk+Adjustment&rft.au=Morrissey%2C+Thomas+F&rft.aulast=Morrissey&rft.aufirst=Thomas&rft.date=1983-08-01&rft.volume=16&rft.issue=7&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Ginnie Mae N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Disclosures Under the Bank Board's Lending Regulations (Part 2) AN - 222409234; 00215690 AB - Disclosures required by the Federal Home Loan Bank Board include the following: 1. a description of the index or indices and how changes in an index may affect the interest rate, payment, loan balance, or term to maturity, 2. the information that will be included in each notice of maturity, 3. a description of certain contractual contingencies, 4. a description, if applicable, of balloon payments, and 5. an example demonstrating the interaction of all variable features of the loan. Pre-closing violations include the failure to disclose within 3 days of accepting the application and making an incorrect disclosure. Both of these may be cured by the lender prior to the closing, but not after the loan has been closed. A failure to provide post-closing notices of adjustment within the proper time frame can be cured if the lender foregoes any increase but allows the borrower any decrease. JF - Federal Home Loan Bank Board Journal AU - Hall, Kenneth F Y1 - 1983/08// PY - 1983 DA - Aug 1983 SP - 7 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 7 SN - 07370725 KW - Public Administration KW - Regulations KW - Home loans KW - Disclosure KW - Compliance KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409234?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Disclosures+Under+the+Bank+Board%27s+Lending+Regulations+%28Part+2%29&rft.au=Hall%2C+Kenneth+F&rft.aulast=Hall&rft.aufirst=Kenneth&rft.date=1983-08-01&rft.volume=16&rft.issue=7&rft.spage=7&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Are Systems Career Paths Wide Enough? AN - 222409168; 00215694; 00215186 AB - Career planning and personnel counseling are critical concerns to employers that emphasize the training and education of employees. As career path development for systems analysts should be carefully evaluated, the Piedmont Association of Systems Management conducted a study of business firms and educational institutions. The object was to provide educational groups with the information necessary to model their computer/systems programs to be more responsive to the needs of business. The conclusions drawn from this study are that: 1. the relative newness of data processing to the organizational hierarchy dictate that management must formalize the data processing department and its job descriptions, and 2. organizational members learn more about computers. A chart detailing the general requirements for systems positions is included. JF - Federal Home Loan Bank Board Journal AU - Lind, Mary AU - Brooks, Ezra AU - Tipton, Darl Y1 - 1983/08// PY - 1983 DA - Aug 1983 SP - 26 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 7 SN - 07370725 KW - Public Administration KW - Job titles KW - Job classification KW - Data processing KW - Career development planning KW - Employees KW - Data Processing KW - 5220:Data processing management KW - 6100:Human resource planning UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409168?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Are+Systems+Career+Paths+Wide+Enough%3F&rft.au=Lind%2C+Mary%3BBrooks%2C+Ezra%3BTipton%2C+Darl&rft.aulast=Lind&rft.aufirst=Mary&rft.date=1983-08-01&rft.volume=16&rft.issue=7&rft.spage=26&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Changes in Deposit Account Structure: September 1982-March 1983 AN - 222404412; 00215695; 00214992 AB - The Federal Home Loan Bank Board reports that for the 6-month period from September 1982 to March 1983, deposit balances at federally insured savings and loan associations expanded by a record amount. The authorization in December of the money market deposit account (MMDA) was largely responsible, but much of the funds moving to MMDAs were transfers from passbook accounts or at the expense of traditional negotiable order of withdrawal (NOW) accounts. Associations also prospered from the introduction of super-NOW accounts. The introduction of MMDAs caused a decreased flow to every short-term consumer certificate account. However, balances in long-term certificates expanded during the most recent reporting period. Balances in jumbo certificates of deposit (CDs) increased by the smallest amount in 6 years. All the growth in balances of individual retirement accounts and Keogh accounts was in no-ceiling accounts. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia K Y1 - 1983/08// PY - 1983 DA - Aug 1983 SP - 32 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 7 SN - 07370725 KW - Public Administration KW - Super KW - Statistical data KW - Savings & loan associations KW - NOW accounts KW - Money markets KW - Deposit accounts KW - Bank deposits KW - Now Accounts KW - Money Market Deposit Accounts KW - Deposit Increases KW - Certificates Of Deposit KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404412?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Changes+in+Deposit+Account+Structure%3A+September+1982-March+1983&rft.au=Olin%2C+Virginia+K&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1983-08-01&rft.volume=16&rft.issue=7&rft.spage=32&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Financial Futures Workshop (Part 3) AN - 222400210; 00215696 AB - The financial futures workshop presented by the Federal Home Loan Bank of Seattle for 12th District members included a presentation that described and contrasted hedging and speculation. Hedging, especially futures market hedging, protects against large interest rate movements, not small ones. While hedging can prevent potential larger losses when used to lock in a negative spread, speculation increases risk. The overall speculative options for the typical savings and loan are: 1. increase long-term assets, and 2. increase short-term liabilities. A 3-member panel discussed experiences with hedging, including how the yield curve relates to basis risk and hedging. The cash market hedges developed include lengthening borrowed maturities, borrowing long-term and reinvesting short-term, and reinvesting cash flow in short-term assets. Several strategies were generated for futures and cash market hedges, and examples are given. JF - Federal Home Loan Bank Board Journal AU - Gaudinier, Laurin AU - Hogan, Sandra AU - Hanses, Susan Y1 - 1983/08// PY - 1983 DA - Aug 1983 SP - 39 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 7 SN - 07370725 KW - Public Administration KW - Portfolio management KW - Interest rates KW - Hedging KW - Futures KW - Financial KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400210?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Financial+Futures+Workshop+%28Part+3%29&rft.au=Gaudinier%2C+Laurin%3BHogan%2C+Sandra%3BHanses%2C+Susan&rft.aulast=Gaudinier&rft.aufirst=Laurin&rft.date=1983-08-01&rft.volume=16&rft.issue=7&rft.spage=39&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Antitrust Merger Criteria for Federally Insured Savings and Loan Associations AN - 222409463; 00213994; 00216089 AB - The Federal Home Loan Bank Board (FHLBB) has established new procedures and criteria for the review of proposed mergers between federally insured savings banks. The criteria rely primarily on the delineation of a relevant product and geographic markets and the major relationship between the structure of a market and its competitiveness. Product market is defined as the total deposits of depository institutions. Geographic market is defined as the county, although the supervisory agent may also rely on commuting distance. The FHLBB has determined that no merger should be approved automatically when the Herfindahl-Hirschman Index (HHI) in the relevant geographic area exceeds 1,800 before the merger and would increase by 50 or more after the merger. An application of the criteria in a proposed merger illustrates the principles. JF - Federal Home Loan Bank Board Journal AU - Brumbaugh, R Dan, Jr Y1 - 1983/07// PY - 1983 DA - Jul 1983 SP - 12 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 6 SN - 07370725 KW - Public Administration KW - Statistical analysis KW - Savings & loan associations KW - Reviews KW - Regulation KW - Market shares KW - Industrial concentration KW - Competition KW - Antitrust KW - Acquisitions & mergers KW - personal profiles KW - Savings & Loan Associations KW - Mergers & Acquisitions KW - Banking Law KW - Oregon KW - US KW - Washington KW - Pacific KW - Milton-Freewater KW - Walla Walla KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409463?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Antitrust+Merger+Criteria+for+Federally+Insured+Savings+and+Loan+Associations&rft.au=Brumbaugh%2C+R+Dan%2C+Jr&rft.aulast=Brumbaugh&rft.aufirst=R&rft.date=1983-07-01&rft.volume=16&rft.issue=6&rft.spage=12&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board; Fhlbb N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Washington; Walla Walla; US; Pacific; Oregon; Milton-Freewater ER - TY - JOUR T1 - Association Earnings for the Second Half 1982 AN - 222404617; 00213998 AB - During the 2nd half of 1982, the earnings experience of federally insured savings and loan associations (S&L) sharply improved from the first half. S&Ls still reported losses, but they were less than a third as large as the record loss experienced during the prior 6 months. Reasons for included: 1. decline in the cost of funds, 2. a rise in mortgage portfolio yield, and 3. record non-operating income. Operating expenses continued to rise, primarily reflecting the accounting treatment of purchase accounting mergers. Operating income was $36.6 billion, up $1.8 billion. Portfolio restructuring increased the average mortgage portfolio yield by 53 basis points to 10.94%. Interest income from mortgage-backed securities increased sharply, as did loan fee income. Non-operating income tripled to $3.2 billion, and non-operating expense doubled to $800 million. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1983/07// PY - 1983 DA - Jul 1983 SP - 33 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 6 SN - 07370725 KW - Public Administration KW - Working capital KW - Statistical data KW - Savings & loan associations KW - Operating costs KW - Interest costs KW - Income KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404617?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Association+Earnings+for+the+Second+Half+1982&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1983-07-01&rft.volume=16&rft.issue=6&rft.spage=33&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Disclosures under the Bank Board's lending regulations AN - 222404492; 00216090 AB - The August 1982 and April 1983 FHLBB amendments to home lending regulations included the following changes to the disclosure requirements: 1) elimination of the use of standard english; 2) expansion of the types of information to include due on sale clauses, late charges, prepayment penalties, escrow payments, initial interest rates, and initial payment amounts; 3) alteration of the timing to no later than three days after the receipt of a written application; 4) expectation of disclosure for all home loans, including fixed rate ones; and 5) limitation of disclosure only to those loans secured by owner-occupied property. JF - Federal Home Loan Bank Board Journal AU - Hall, Kenneth F Y1 - 1983/07// PY - 1983 DA - Jul 1983 SP - 4 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 6 SN - 07370725 KW - Public Administration KW - Mortgages KW - Disclosure Regulations KW - Banking Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404492?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Disclosures+under+the+Bank+Board%27s+lending+regulations&rft.au=Hall%2C+Kenneth+F&rft.aulast=Hall&rft.aufirst=Kenneth&rft.date=1983-07-01&rft.volume=16&rft.issue=6&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fhlbb N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Cash Management Seminars AN - 222404378; 00213996; 00139855 AB - The Federal Home Loan Bank of Seattle (Washington) recently held seminars on cash management for the benefit of its member institutions. Topics covered by individual speakers included: 1. changes in the thrift industry, 2. float and paper/paperless transactions, 3. a step-by-step explanation of how an actual cash management program works, 4. cash management techniques and opportunities in the correspondent relationship, 5. accelerating collections and decelerating disbursements, and 6. evaluation of correspondent banking relationships. In general, beginning a cash management program is as important as having a perfect program. Efforts to develop a cash management program must be constant and active. One person should coordinate the program. Since the payoff shows in profits, such a program can be the key to profitability and ultimate survival. JF - Federal Home Loan Bank Board Journal AU - Gaudinier, Laurin AU - Hogan, Sandra Y1 - 1983/07// PY - 1983 DA - Jul 1983 SP - 23 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 6 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Float KW - Cash management KW - 8120:Retail banking services KW - 3100:Capital & debt management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404378?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Cash+Management+Seminars&rft.au=Gaudinier%2C+Laurin%3BHogan%2C+Sandra&rft.aulast=Gaudinier&rft.aufirst=Laurin&rft.date=1983-07-01&rft.volume=16&rft.issue=6&rft.spage=23&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Crimes against financial institutions decrease during first half of 1982 AN - 222404319; 00216088 AB - According to the FBI, crimes against financial institutions decreased by 11% from the last half of 1981 to 3,599 in the first half of 1982, the lowest total in two years. The crimes involved 3,199 robberies, 101 larcenies, and 295 burglaries. While states with the highest number of crimes were California (1,278), New York (341), Texas (167), Florida (163), and Ohio (162), those states and territories with thefewest crimes were Guam (1), New Hampshire (1), Vermont (1), South Dakota (2), Wyoming (2), and North Dakota (3). JF - Federal Home Loan Bank Board Journal AU - Daniels, Peggy W Y1 - 1983/07// PY - 1983 DA - Jul 1983 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 116 IS - 6 SN - 07370725 KW - Public Administration KW - Bank Crimes UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404319?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Crimes+against+financial+institutions+decrease+during+first+half+of+1982&rft.au=Daniels%2C+Peggy+W&rft.aulast=Daniels&rft.aufirst=Peggy&rft.date=1983-07-01&rft.volume=116&rft.issue=6&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1983 N1 - Last updated - 2014-05-16 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Disclosures Under the Bank Board's Lending Regulations (Part 1) AN - 222402698; 00213993 AB - The Federal Home Loan Bank Board (FHLBB) has amended its home loan disclosure requirements regarding the timing and the types of information required. Disclosure is now required only with respect to loans secured by property occupied or to be occupied by the borrower. A lender must disclose in plain, written language to a loan applicant the terms of the type or types of loans offered to that person. A lender also must provide the borrower with notice of adjustments to the interest rate, the payment, or the loan balance. The disclosure provisions are addressed expressly to federal savings and loan associations and federal savings banks, but they are also made applicable to other types of institutions by various laws and regulations. Required information includes: 1. the existence of a due-on-sale clause, 2. late charges or prepayment penalties, 3. escrow payments and an explanation thereof, 4. the term to maturity, 5. initial interest rate or how it will be established, and 6. amount of the initial payment. JF - Federal Home Loan Bank Board Journal AU - Hall, Kenneth F Y1 - 1983/07// PY - 1983 DA - Jul 1983 SP - 4 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 6 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Requirements KW - Regulation KW - Home loans KW - Disclosure KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402698?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Disclosures+Under+the+Bank+Board%27s+Lending+Regulations+%28Part+1%29&rft.au=Hall%2C+Kenneth+F&rft.aulast=Hall&rft.aufirst=Kenneth&rft.date=1983-07-01&rft.volume=16&rft.issue=6&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds in the First Quarter 1983 AN - 222402649; 00213997 AB - Deposit balances at federally insured savings institutions increased by a record amount during first quarter 1983, largely due to transfers to money market deposit accounts (MMDAs). The net increase in deposit balances was $39.4 billion, with net new receipts totaling $28.9 billion. Interest credited declined $1.1 billion to $10.6 billion, reflecting the lower rates, but the amount was still above the average for the first 3 quarters of 1982. MMDA balances expanded $68.9 billion, while growth in the Super NOW (negotiable order of withdrawal) accounts totaled $5.9 billion. Activity in long-term accounts declined. Mortgage repayments were almost double those recorded a year earlier, and mortgage lending activity improved as a result of deposit growth and declines in mortgage interest rates. Secondary market activity slowed, but non-mortgage consumer lending accelerated $1.4 billion. New record holdings of liquid assets were registered, and associations continued the record payback trend that began in late 1982. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia K Y1 - 1983/07// PY - 1983 DA - Jul 1983 SP - 28 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 6 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Mortgages KW - Money markets KW - Money market certificates KW - Funds statements KW - Deposit accounts KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402649?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds+in+the+First+Quarter+1983&rft.au=Olin%2C+Virginia+K&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1983-07-01&rft.volume=16&rft.issue=6&rft.spage=28&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Disparate Submarkets for Housing and Shelter Choice AN - 222404934; 00211219 AB - Vacancy surveys can ensure that intertemporal fluctuations in housing availability are detected promptly for local markets so that adjustments in construction can take place. Disparities between local markets can be evaluated with cross-sectional vacancy data. Data from the US Census Bureau and the US Postal Service on vacancies in the West and Northwest were gathered and processed by district Federal Home Loan Banks in order to examine changes in local markets and geographic disparities in available housing. The study indicates that changes in local markets, as measured by changing vacancy rates, have not always paralleled national developments. Some submarkets of the western states have had particular fluctuations, and some were offering more options for household selection while macrodevelopments were indicating increased excess demand for housing. The local market data also show geographic disparities in available housing. JF - Federal Home Loan Bank Board Journal AU - Gardner, William R Y1 - 1983///May/Jun PY - 1983 DA - May/Jun 1983 SP - 41 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 5 SN - 07370725 KW - Public Administration KW - Vacancies KW - Statistical data KW - Rentals KW - Markets KW - Housing starts KW - Housing KW - 9140:Statistical data KW - 8360:Real estate industry UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404934?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Disparate+Submarkets+for+Housing+and+Shelter+Choice&rft.au=Gardner%2C+William+R&rft.aulast=Gardner&rft.aufirst=William&rft.date=1983-05-01&rft.volume=16&rft.issue=5&rft.spage=41&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May/Jun 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Protecting America's Savings AN - 222404865; 00211215; 00139852 AB - The spectrum of risk activities in which savings institutions may engage has been widened substantially because of current legislative, regulatory, and marketing changes. Thrifts face serious combinations of interest rate risk, credit risk, and management risk. The potential responsibilities of the Federal Savings and Loan Insurance Corp. (FSLIC) increase with the riskiness of a thrift's activities and decrease with the amount of equity shares or pledged deposits. Insurance premiums should be set in proportion to the latter 2 factors, and the reporting system revised to improve estimates of riskiness. Other actions that can improve the ability of the FSLIC to manage default prevention at a lower cost include: 1. restructuring the insurance coverage formula, 2. influencing the risk preferences of management by the cost of deposit insurance in accord with interest rate risk exposure and disclosure requirements, 3. increasing the amount of private-sector insurance coverage, and 4. opposing the consolidation of the federal deposit insurance funds because of the substantive differences among the financial institutions covered. JF - Federal Home Loan Bank Board Journal AU - Chamberlain, Charlotte A Y1 - 1983///May/Jun PY - 1983 DA - May/Jun 1983 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 5 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Litigation KW - Insurance coverage KW - Default KW - Banking industry KW - 8100:Financial services industry KW - 3100:Capital & debt management KW - 8200:Insurance industry KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404865?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Protecting+America%27s+Savings&rft.au=Chamberlain%2C+Charlotte+A&rft.aulast=Chamberlain&rft.aufirst=Charlotte&rft.date=1983-05-01&rft.volume=16&rft.issue=5&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May/Jun 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Bank Board/Thrift Perspectives AN - 222404692; 00211214 AB - During the last 2 years of economic instability, rampant inflation, and the high cost of funds, the thrift industry's net worth was eroding at a rapid pace. The inflation rate now has dropped, economic recovery is under way, and many savings institutions have recovered profitability. Still, though, many thrifts are weak. These weakened thrifts need education regarding their new capabilities under the Garn-St Germain Act, such as resource pooling and interest rate hedging on variable rate mortgages. Thrifts should be excluded from the proposed legislative moratorium on the acquisition of financial institutions by other financial services or industrial companies. Thrifts also should oppose consolidation of the financial regulatory agencies. The Federal Home Loan Bank Board (FHLBB), which has been a model regulatory agency and is experienced in handling the special problems and concerns of thrifts, should remain independent and specialized. JF - Federal Home Loan Bank Board Journal AU - Gray, Edwin J Y1 - 1983///May/Jun PY - 1983 DA - May/Jun 1983 SP - 4 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 5 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Proposed KW - Moratoriums KW - Deregulation KW - Business conditions KW - Banking industry KW - 8100:Financial services industry KW - 4310:Regulation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404692?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Bank+Board%2FThrift+Perspectives&rft.au=Gray%2C+Edwin+J&rft.aulast=Gray&rft.aufirst=Edwin&rft.date=1983-05-01&rft.volume=16&rft.issue=5&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May/Jun 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Loan program offers help to homeowners AN - 222404555; 00218460 AB - A $50 million new loan program introduced by Mercury Savings of Huntington Beach, California in February 1983 provides refinancing with a five year, 10.9% interest-only payment schedule to home purchasers facing balloon payments in second trust deeds. The program, which is available to owner-occupants who were the purchasers at the time of the original financing, offers a maximum loan of $150,000 with an 80% loan-to-value ratio and requires that the original financing be a minimum of 20% of the total debt. JF - Federal Home Loan Bank Board Journal AU - Bundy, Linda Y1 - 1983///May/Jun PY - 1983 DA - May/Jun 1983 SP - 39 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 5 SN - 07370725 KW - Public Administration KW - personal profiles KW - Product Development KW - Mortgages KW - Mercury Savings & Loan Association KW - Credit KW - California KW - US KW - Huntington Beach KW - Pacific UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404555?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Loan+program+offers+help+to+homeowners&rft.au=Bundy%2C+Linda&rft.aulast=Bundy&rft.aufirst=Linda&rft.date=1983-05-01&rft.volume=16&rft.issue=5&rft.spage=39&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May/Jun 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - US; Pacific; Huntington Beach; California ER - TY - JOUR T1 - Building Societies and Housing Finance in Britain AN - 222402852; 00211218; 00218461 AB - Owner-occupied housing, a relatively new phenomenon in the UK, now accounts for 57.5% of all dwellings, mainly because of the government's energetic implementation of a policy of selling public housing to tenants. Building societies held a virtual monopoly of the supply of mortgage finance until recently, but significantly greater competition from savings banks and commercial banks has arisen over the past 2-3 years. Building societies, central to the housing finance system in the UK, are subject to special legislation, have their own regulatory body, and are able to operate throughout the entire country. The societies, which have simple balance sheets and income and expenditure accounts because of their confinement to 2 markets, are all on a variable interest basis, although they do not act autonomously in changing their rates. A report by the Building Societies Association has recommended that the societies' powers be widened to allow them: 1. to compete more effectively, 2. to meet demands for services, and 3. to play a wider role in meeting the nation's housing needs. JF - Federal Home Loan Bank Board Journal AU - Boleat, Mark Y1 - 1983///May/Jun PY - 1983 DA - May/Jun 1983 SP - 32 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 5 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Mortgages KW - Markets KW - Housing KW - Home loans KW - Home financing KW - Banking industry KW - personal profiles KW - Building Societies KW - UK KW - Great Britain KW - 9175:Western Europe KW - 8100:Financial services industry KW - 8360:Real estate industry KW - 9170:Non-US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402852?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Building+Societies+and+Housing+Finance+in+Britain&rft.au=Boleat%2C+Mark&rft.aulast=Boleat&rft.aufirst=Mark&rft.date=1983-05-01&rft.volume=16&rft.issue=5&rft.spage=32&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May/Jun 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - UK; Great Britain ER - TY - JOUR T1 - Developing a Commercial Lending Strategy: Key Issues for Savings Institutions AN - 222400424; 00211217 AB - Increased competition for customers, the deregulation of many deposits costs, and unprecedented interest rate volatility have focused new attention on the commercial lending strategies of banks and savings institutions. In loan pricing, the emphasis on variable rate lending, a flexible prime rate, more flexibility in lending terms, and creative financing packages has increased. Thrifts now find that analyzing the quality of the loan applicant and devising lending terms to match the default risk of the borrower is not easy, so lenders will need to sharpen skills and broaden expertise. They are also expanding services to middle-market firms and small businesses to attract or hold them as customers. A thrift institution that plans to compete for commercial loan customers must have a carefully planned strategy that includes: 1. organization of a commercial loan department, 2. development of a competitive program, and 3. assessment of the risks and returns involved. JF - Federal Home Loan Bank Board Journal AU - Mills, Dixie L AU - Suggs, Guerry A Y1 - 1983///May/Jun PY - 1983 DA - May/Jun 1983 SP - 26 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 5 SN - 07370725 KW - Public Administration KW - Strategy KW - Savings & loan associations KW - Pricing KW - Loans KW - Interest rates KW - Competition KW - Commercial credit KW - 8110:Commercial banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400424?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Educational+Leadership&rft.atitle=A+Few+Words+about+Math+and+Science&rft.au=Fisher%2C+Peter+J.%3BBlachowicz%2C+Camille+L.&rft.aulast=Fisher&rft.aufirst=Peter&rft.date=2013-11-01&rft.volume=71&rft.issue=3&rft.spage=46&rft.isbn=&rft.btitle=&rft.title=Educational+Leadership&rft.issn=00131784&rft_id=info:doi/ LA - English DB - Entrepreneurship Database; ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May/Jun 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Garn-St Germain Act and the availability of funds of the real estate industry AN - 222400345; 00218477 AB - The Garn-St. Germain Act will have many effects on the financial system, housing industry and consumers. It will: 1) change the regulated environment to one characterized by free market forces and profit making incentives; 2) increase competition by removing portfolio restrictions and interest rate ceilings; 3) increase efficiency by permitting the consolidation of institutions; 4) increase the adoption of technological innovations; 5) change the liability structure of thrifts by extending the authorization of NOW accounts and increasing their lending capabilities; 6) stabilize the flow of funds for housing; and 7 cause problems for borrowers because of rising interest rates, service costs and demand. JF - Federal Home Loan Bank Board Journal AU - McIntosh, Willard AU - E., Warner Arthur AU - Gaines, James P Y1 - 1983/05// PY - 1983 DA - May 1983 SP - 16 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board SN - 07370725 KW - Public Administration KW - personal profiles KW - Real Estate KW - Garn St. Germain Act KW - Banking Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400345?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Garn-St+Germain+Act+and+the+availability+of+funds+of+the+real+estate+industry&rft.au=McIntosh%2C+Willard%3BE.%2C+Warner+Arthur%3BGaines%2C+James+P&rft.aulast=McIntosh&rft.aufirst=Willard&rft.date=1983-05-01&rft.volume=&rft.issue=&rft.spage=16&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1983 N1 - Last updated - 2014-05-16 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Finance AN - 222466066; 00204388 AB - The Office of Finance is the fiscal agent for the 12 Federal Home Loan Banks (FHLB). While it advises the Federal Home Loan Bank Board (FHLBB) on policy matters, its primary function is that of a financial service organization for the bank system. The office's debt management division administers the issuance of the consolidated debt obligations of the bank system. During 1982, this division issued more than $36.1 billion of debt for the system. The financial planning division does financial research and develops strategies for the bank system. The investment division invests the liquidity portfolios of the consolidated securities fund and the Federal Savings & Loan Insurance Corp. (FSLIC). It also clears all security trades for the 12 FHLBs. The information management division provides data processing (DP) services for the Office of Finance and the FHLBs. There was a significant expansion of DP services on the in-house computer in the information management division in 1982. All but one of the systems that had been time-sharing with outside vendors are now in operation on the in-house computer. The administrative services division provides accounting, personnel, budgeting, and general office services for the office. In 1982, it completed a comprehensive review of all office policies, procedures, and internal controls. JF - Federal Home Loan Bank Board Journal AU - Terry, Stephen P Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 37 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Regulatory agencies KW - Financial planning KW - 9550:Public sector organizations KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222466066?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Finance&rft.au=Terry%2C+Stephen+P&rft.aulast=Terry&rft.aufirst=Stephen&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=37&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Congressional Relationsdministration Officehe Federal Savings and Loan Advisory Council AN - 222466006; 00204394 AB - The Office of Congressional Relations (OCR) is the link between Congress and the Federal Home Loan Bank Board (FHLBB). The OCR conveys FHLBB policy to Congress and receives input from Congress on the savings and loan (S&L) industry. It also works closely with the legislative division of the Office of the General Counsel. The Administration Office is increasing the level of data processing support and decreasing the burden of paperwork on the S&L industry. Among the projects this office is involved in include the management analysis staff's studies concerning organizational structures, policies, and procedures in an effort to improve productivity and use of resources, and the budget division's collection of data to justify an increase in personnel to handle the default prevention workload. The Federal Savings and Loan Advisory Council's purpose is to provide the FHLBB with advice concerning the major issues confronting the S&L industry. The council has 24 members. Because of the many industry changes, the council has found its agenda broadened to include emerging issues. As an indication of the quality of its assistance, over two-thirds of its recommendations were adopted by the FHLBB in 1982. JF - Federal Home Loan Bank Board Journal AU - Butler, John L AU - Petrocci, Richard L AU - Buckley, John M, Jr Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 55 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Regulatory agencies KW - Public administration KW - Automation KW - 9550:Public sector organizations KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222466006?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Congressional+Relationsdministration+Officehe+Federal+Savings+and+Loan+Advisory+Council&rft.au=Butler%2C+John+L%3BPetrocci%2C+Richard+L%3BBuckley%2C+John+M%2C+Jr&rft.aulast=Butler&rft.aufirst=John&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=55&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Examinations and Supervision AN - 222465962; 00204386 AB - The Office of Examinations and Supervision (OES) examines and supervises the federally chartered and state-chartered Federal Savings & Loan Insurance Corp. (FSLIC)-insured associations. OES uses both on-site inspections and computer-based surveillance of association financial data to determine the financial safety of these savings & loan associations (S&L). OES examiners also are responsible for reviewing compliance by these S&Ls with federal law and Federal Home Loan Bank Board regulations. They assist in carrying out corrective supervisory actions in the cases of individual S&Ls. In 1982, the supervisory actions of the OES concentrated on the monitoring of S&Ls whose capital was severely depleted and on resolving situations where insolvency was a threat. The resolution usually was accomplished through merger. In many cases these mergers were brought about without assistance from the FSLIC. In the examinations area, OES concentrated on S&Ls that presented the greatest insurance risk. Although the number of examinations decreased due to the decline in the number of S&Ls, the working days per examination increased because of the poor financial condition of many of the S&Ls. JF - Federal Home Loan Bank Board Journal AU - Croft, D James Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 30 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulation KW - Bank examiners KW - Bank examinations KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465962?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Examinations+and+Supervision&rft.au=Croft%2C+D+James&rft.aulast=Croft&rft.aufirst=D&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=30&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of the Secretariat, Planning, and Management Coordination AN - 222409648; 00204391 AB - The merger of the Secretariat and the Office of Planning and Management Coordination has resulted in a great improvement in information flow and an increase in the efficient use of personnel. The office is the custodian of the official records of the Federal Home Loan Bank Board (FHLBB), liaison to the Office of the Federal Register, and is responsible for staff transmissions to the FHLBB. It also schedules and arranges FHLBB meetings and ensures that the FHLBB complies with the Sunshine Act. In addition, the office briefs new board members and office directors on FHLBB operations. A major planning function of the office is assisting the chairman and offices in developing long- and short-range goals. The office also is involved in developing and coordinating periodic briefings for mid-level and senior staff members concerning the FHLBB's policies and objectives for emerging issues. The office prepares the executive management report which provides the chairman, board members, and office directors with current information on the FHLBB's regulation schedule and its inter-office and management issues. In addition, the office is responsible for coordinating monthly supervisory briefings for the FHLBB. JF - Federal Home Loan Bank Board Journal AU - Buckley, John M, Jr Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 45 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Regulatory agencies KW - Public administration KW - Planning KW - Coordination KW - 9550:Public sector organizations KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409648?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+the+Secretariat%2C+Planning%2C+and+Management+Coordination&rft.au=Buckley%2C+John+M%2C+Jr&rft.aulast=Buckley&rft.aufirst=John&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=45&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of the General Counsel AN - 222409583; 00204385 AB - The Office of General Counsel (OGC) is divided into 4 operational groups: 1. policy and corporate structure, 2. operations and administration, 3. Federal Savings & Loan Insurance Corp. (FSLIC), and 4. legislative and interagency affairs. OGC's most important contribution to deregulation came in the work involved in the development of the text and legislative history of Titles I, II, and III of the Garn-St Germain Depository Institutions Act of 1982. The FSLIC divisions made notable contributions to the preservation of the savings & loan industry by providing the legal framework for assistance that enabled the FSLIC to prevent the failure of 78 savings & loan associations (S&L) in 1982. The FSLIC litigation division was instrumental in industry preservation by winning 3 decisions affirming the Federal Home Loan Bank Board's power to rehabilitate and preserve the S&L industry. The securities division of the policy and corporate structure group was able to secure approval for 34 conversions from the mutual to the stock form of organization in 1982. It also developed significant regulatory changes in conversion rules that allow the converting institution greater freedom in structuring its conversions. JF - Federal Home Loan Bank Board Journal AU - Vartanian, Thomas P Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 28 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulation KW - Deregulation KW - Depository Institutions Deregulation & Monetary Control Act 1980-US KW - Court decisions KW - 8120:Retail banking services KW - 4310:Regulation KW - 4330:Litigation KW - 9190:US KW - 4320:Legislation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409583?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+the+General+Counsel&rft.au=Vartanian%2C+Thomas+P&rft.aulast=Vartanian&rft.aufirst=Thomas&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=28&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Minority Affairs Office AN - 222409530; 00204392 AB - The Minority Affairs Office (MAO) is responsible for advising the chairman and the Federal Home Loan Bank Board (FHLBB) on policy regarding the development and implementation of equal employment opportunity (EEO) at the FHLBB. In 1982, MAO's main activities concentrated on the agency's affirmative action program, complaints processing system, federal women's program, and special emphasis programs. After approval of the agency's multi-year affirmative action plan (MYP), MAO held meetings with office and district directors to explain the MYP, and discussed methods and strategy in meeting MYP goals. A full-time federal women's program manager was appointed and steps were taken to revitalize the program in Washington, DC, and in the district offices. MAO monitored the discrimination complaint process monthly at both the formal and informal levels and used its findings to make various recommendations that succeeded in reducing by 50% the number of formal complaints. MAO also provided extensive EEO training for management and supplied increased technical assistance to management officials and EEO counselors. JF - Federal Home Loan Bank Board Journal AU - King, Adean W Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 47 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Public administration KW - Programs KW - Minorities KW - Human resource management KW - Discrimination KW - Affirmative action KW - 6100:Human resource planning KW - 9550:Public sector organizations KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409530?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Minority+Affairs+Office&rft.au=King%2C+Adean+W&rft.aulast=King&rft.aufirst=Adean&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=47&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Community Investment AN - 222405125; 00204387 AB - The Office of Community Investment (OCI) has been in the forefront of the Federal Home Loan Bank Board's (FHLBB) efforts to find ways that pension plan funds can be used by the savings and loan (S&L) industry to reinvest in older US communities. Until recently, very little pension fund money has found its way into real estate investment because of the difficulties caused by various legal and regulatory obstacles. However, OCI has been negotiating changes in legal requirements that have slowed mortgage or mortgage-related instruments investment. These changes are reflected in the exemptions of prohibited transactions involving mortgage-backed securities and residential mortgages. OCI also chaired the FHLBB's task force on Trusts for Investment in Mortgages (TIMs), which is designed to provide private mortgage-backed securities with the tax, pension, and securities advantages that government and corporate securities now enjoy. OCI provided technical assistance to community investment officers at the various district banks and coordinated the S&L industry's compliance with the Home Mortgage Disclosure Act. OCI also faces the task of keeping lenders informed of deregulation issues. JF - Federal Home Loan Bank Board Journal AU - Tucker, Richard Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 34 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulation KW - Investments KW - Federal legislation KW - Community KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US KW - 4320:Legislation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222405125?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Community+Investment&rft.au=Tucker%2C+Richard&rft.aulast=Tucker&rft.aufirst=Richard&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=34&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Personnel Management Office AN - 222405059; 00204390 AB - The Personnel Management Office provides advice and services to the staff of the Federal Home Loan Bank Board (FHLBB) concerning personnel management programs, issues, and constraints. An organizational study was conducted among the Washington offices to provide office directors with statistical information about their individual offices in order to identify position management problem areas and to take action to resolve them. The information included average grade, ratios of supervisory staff to non-supervisory staff and professional, administrative, and technical staff to clerical staff, and turnover rates. The Personnel Management Office also published a recruitment brochure that described the mission of the FHLBB and the job opportunities available. The employee counseling services program instituted a series of lunch-time seminars on such topics as marriage, alcoholism, and the combination of career and family. There was also an effort in 1982 at refining the performance appraisal, merit pay, and merit promotion programs implemented in the last 2 years. The office provided such training programs as a secretarial techniques workshop and speed reading. In the labor relations sector, agreements with unions in Seattle, Boston, Chicago, New York and Pittsburgh were negotiated in 1982. JF - Federal Home Loan Bank Board Journal AU - McGhee, Doris H Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 43 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Regulatory agencies KW - Public administration KW - Human resource management KW - 9550:Public sector organizations KW - 6000:Human resource management KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222405059?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Personnel+Management+Office&rft.au=McGhee%2C+Doris+H&rft.aulast=McGhee&rft.aufirst=Doris&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=43&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Policy and Economic Research AN - 222404999; 00204384 AB - The future for the savings and loan (S&L) industry brightened considerably in 1982 after 2 years of severe decline. The Garn-St Germain Depository Institutions Act of 1982 brought great legislative changes that have broadened the scope of the industry's asset powers. After a poor first half brought on by high interest rates, the S&L industry's earnings showed improvement as interest rates declined and monetary policy was relaxed. The Federal Home Loan Bank Board approved 425 mergers in 1982, which resulted in the disappearance of 483 S&Ls, compared to 296 mergers and 328 disappearing S&Ls in 1981. Net deposit gain for all S&Ls was $38 billion in 1982, a $23.7 billion increase from 1981. Borrowings saw an $8.6 billion increase in 1982, while net mortgage loan repayments increased from $34.9 billion in 1981 to $43.8 billion in 1982. Among the projects undertaken by the Office of Policy and Economic Research were: 1. research into the use of current value accounting, 2. a comprehensive survey of consumer attitudes toward financial institutions, and 3. the commencement of a research grants program and a report on whether deposit insurance should continue to be provided on a flat-rate basis without considering the riskiness of the institution. JF - Federal Home Loan Bank Board Journal AU - Chamberlain, Charlotte A Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 19 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Earnings KW - Bank loans KW - Bank deposits KW - Acquisitions & mergers KW - 9140:Statistical data KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404999?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Policy+and+Economic+Research&rft.au=Chamberlain%2C+Charlotte+A&rft.aulast=Chamberlain&rft.aufirst=Charlotte&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=19&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Change in Savings and Loan Control Act of 1978 AN - 222404668; 00204382 AB - The Change in Savings and Loan Control Act of 1978 became effective March 10, 1979. Enacted along with the Change in Bank Control Act of 1978, this legislation and its companion were designed to fill a gap in the federal regulation of existing, federally insured, stock financial institutions and holding companies. The Act requires that one who intends to acquire an institution must give at least 60 days written notice to the Federal Savings & Loan Insurance Corp. (FSLIC) before acquiring control of a particular institution. The FSLIC may turn down the application based on such factors as likely anticompetitive effects, questionable competence, or failure to provide all required information. An acquisition that has been disapproved requires a written explanation of the disapproval and a hearing in accordance with the Administrative Procedures Act. As the savings and loan industry is primarily mutual rather than stock in organization, the administration of the Act has been rather uneventful. For example, at the end of 1982, 79 formal notices had been filed which included 8 pending from 1981. The FSLIC did not disapprove any applications in 1982. It approved 55 applications, while 6 were withdrawn and 20 were still pending. JF - Federal Home Loan Bank Board Journal AU - Anonymous Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 11 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulation KW - FIRA KW - Acquisitions & mergers KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US KW - 4320:Legislation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404668?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Change+in+Savings+and+Loan+Control+Act+of+1978&rft.au=Anonymous&rft.aulast=Anonymous&rft.aufirst=&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=11&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of the Chairman AN - 222404603; 00204380 AB - The most important occurrences during 1982 for the savings and loan (S&L) industry were the decline of interest rates and the passage of the Garn-St Germain Depository Institutions Act of 1982. The Federal Home Loan Bank Board's (FHLBB) focus during 1982 centered on passing this legislation, attempting to deal with high interest rates, removing restrictions on the managers of S&Ls to act, and streamlining the system in general. The S&L industry lost $3.2 billion in the first half of 1982, but the decline in interest rates began to reverse the trend. However, this reversal was not completely accomplished, as the S&Ls still lost another $1.5 billion in the second half of the year. The Garn-St Germain Act was a bipartisan effort that has provided the S&Ls with the tools necessary to operate effectively in whatever phase the economic cycle is in. Among the problems the FHLBB must deal with in the coming year are: 1. generally obsolete accounting and management information that is being reported to the FHLBB by S&Ls, 2. structural problems of the Federal Deposit Insurance Corp. (FDIC) and Federal Savings & Loan Insurance Corp. (FSLIC) in dealing with S&Ls' increased risk exposure, 3. the ability of certain S&Ls with credit or operating weaknesses to attract unlimited funds, and 4. the lack of pursuit of managers who have breached their fiduciary responsibilities. JF - Federal Home Loan Bank Board Journal AU - Pratt, Richard T Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 4 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulation KW - Deregulation KW - Depository Institutions Deregulation & Monetary Control Act 1980-US KW - Banking industry KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US KW - 4320:Legislation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404603?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+the+Chairman&rft.au=Pratt%2C+Richard+T&rft.aulast=Pratt&rft.aufirst=Richard&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Neighborhood Reinvestment eighborhood Reinvestment Corporation AN - 222402898; 00204393 AB - Evidence of the savings and loan industry's commitment to renewed vitality of the communities it serves is seen in the personal participation of its executives, its business guidance, and in-kind services it provides to local Neighborhood Housing Services (NHS) programs. These programs are private, locally controlled and financed nonprofit corporations that grew out of the Federal Home Loan Bank System. The reason for the success of NHS is its partnership concept. NHSs are composed of neighborhood residents, business and financial leaders, and local government officials. Neighborhood Reinvestment plays an educational role in bringing together prospective partnership members. It looks for ways to rehabilitate neighborhoods through its neighborhood preservation projects. Among its projects are the owner-built housing program, the apartment improvement program, and a variety of energy conservation projects. Another method used to give private sector strength to the NHS program was the establishment of a NHS secondary market in 1974 which replenished the revolving loan funds of individual NHS programs. JF - Federal Home Loan Bank Board Journal AU - Whiteside, William A Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 50 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Neighborhoods KW - Loans KW - Housing KW - Community development KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402898?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Neighborhood+Reinvestment+eighborhood+Reinvestment+Corporation&rft.au=Whiteside%2C+William+A&rft.aulast=Whiteside&rft.aufirst=William&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=50&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of District Banks AN - 222400634; 00204381 AB - In 1982, the Office of District Banks and the Office of Industry Development were merged into a single organization known as the Office of District Banks (ODB). Before the merger, ODB monitored the operations of the district banks and acted as a coordinator between them to ensure consistency in implementing Federal Home Loan Bank Board (FHLBB) policy. It has now also taken on the Office of Industry Development's functions of evaluating savings & loan associations' (S&L) applications and monitoring the district bank processing of applications. During 1982, the ODB and the 12 district banks improved the banks' advances policies, set up a hedging program to reduce risk, and drafted consistent guidelines for collateral for advances. ODB also was responsible for several significant changes in the FHLBB's application processing requirements that have made the processing of applications by S&Ls more efficient. Two main goals for the ODB in 1983 are: 1. the improvement of financial services provided by the district banks while strengthening the FHLB's operations, and 2. the deregulation of the application requirements for S&Ls. JF - Federal Home Loan Bank Board Journal AU - Silkensen, James R Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 6 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulatory agencies KW - Regulation KW - Advances KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400634?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+District+Banks&rft.au=Silkensen%2C+James+R&rft.aulast=Silkensen&rft.aufirst=James&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=6&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Federal Savings and Loan Insurance Corporation AN - 222400574; 00204383 AB - The Federal Savings & Loan Insurance Corp. (FSLIC) had a record caseload of troubled thrifts in 1982. However, it finished the year in the black despite unprecedented default prevention activities. The FSLIC took action on 78 supervisory cases in 1982. All but one of the cases were resolved by merger. However, 14 savings & loan associations (S&L) were placed in receivership. Among the FSLIC's accomplishments in 1982 were: 1. the restructuring of its investment portfolio to reduce its exposure to devaluation, 2. the development of new ways of dealing with troubled S&Ls, 3. the decentralization of much of its operations, 4. the introduction of a new transfer-of-accounts procedure in cases of default, 5. the introduction of a new method of liquidating acquired assets, 6. the refinement of its ability to foresee an S&L's future performance, and 7. the development of a plan for a variable rate insurance premium. The record level of cases of troubled S&Ls is expected to continue in 1983. With the new tools and opportunities provided by Congress and the Federal Home Loan Bank Board, the healthier S&Ls will continue to prosper, while the weakest will continue toward failure. JF - Federal Home Loan Bank Board Journal AU - Beesley, H Brent AU - Tracy, Mary M Y1 - 1983/04// PY - 1983 DA - Apr 1983 SP - 13 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 4 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Receivership KW - Bank failures KW - Bank assets KW - 9140:Statistical data KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400574?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Federal+Savings+and+Loan+Insurance+Corporation&rft.au=Beesley%2C+H+Brent%3BTracy%2C+Mary+M&rft.aulast=Beesley&rft.aufirst=H&rft.date=1983-04-01&rft.volume=16&rft.issue=4&rft.spage=13&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Synthetic Assets in Liquidity Management AN - 222409780; 00200938; 00139853 AB - The Federal Home Loan Bank Board has recently approved the use of synthetic assets by savings and loan associations (S&Ls) in meeting their liquidity requirements. Liquid assets are statutorily defined as to their issuers and maximum maturity length. They have a maturity that is affected by a side agreement. For example, a repurchase agreement is a synthetic asset; its term to maturity is set by the repurchase date and the yield is fixed by the repurchase price. The synthetic asset takes 2 or more simultaneous positions in different markets. The 2 are grouped together and regarded as a single position. Synthetic assets can achieve higher profits while also being tailored, unlike any other instrument available in any one market. Only certain synthetic assets can be used, such as securities directly hedged by a short futures contract or securities directly hedged by a long put option. Among the synthetic assets prohibited from use for liquidity requirements are: 1. liabilities, 2. long futures contracts, 3. floating rate securities, and 4. cross hedges. JF - Federal Home Loan Bank Board Journal AU - Hartzog, Jerry Y1 - 1983/03// PY - 1983 DA - Mar 1983 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 3 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulation KW - Maturity KW - Management KW - Liquidity KW - Hedging KW - Futures market KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 4310:Regulation KW - 9190:US KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409780?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Synthetic+Assets+in+Liquidity+Management&rft.au=Hartzog%2C+Jerry&rft.aulast=Hartzog&rft.aufirst=Jerry&rft.date=1983-03-01&rft.volume=16&rft.issue=3&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds in the Fourth Quarter 1982 AN - 222409722; 00200939 AB - Savings and loan associations (S&Ls) experienced a record inflow of funds in the fourth quarter of 1982, despite the fact that, in the first 2 months of the quarter negative deposit flow was experienced. Deposit balances at federally-insured S&Ls rose $18.5 billion in the last quarter of 1982, largely due to introduction of the Money Market Deposit Account (MMDA) in December. Also, record interest was credited for the quarter. Net new deposits for the quarter were $6.8 billion. Withdrawals were particularly heavy in October as the majority of all savers certificates matured. From mid-December, when MMDAs were approved, until the end of the year, $33.6 billion flowed into these MMDAs, thereby attracting more initial deposits than any other newly authorized account in history. Mortgage repayments reached $13.9 billion in fourth quarter 1982 due largely to a drop in mortgage interest rates. Mortgage lending hit a near-record high of $23 billion for the quarter. Due to the MMDAs, a record holding of liquid assets occurred in the last quarter of 1982. In addition, borrowing rose through November to record levels. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia K Y1 - 1983/03// PY - 1983 DA - Mar 1983 SP - 14 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 3 SN - 07370725 KW - Public Administration KW - Statistical data KW - Secondary markets KW - Savings accounts KW - Savings & loan associations KW - Mortgages KW - Money markets KW - Money market certificates KW - Deposit accounts KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409722?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds+in+the+Fourth+Quarter+1982&rft.au=Olin%2C+Virginia+K&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1983-03-01&rft.volume=16&rft.issue=3&rft.spage=14&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - February - Black History Month at the Bank Board AN - 222405196; 00200941 AB - February 1983 marked the Federal Home Loan Bank Board's observance of Black History Month, having the theme ''The US Constitution and Black Americans.'' The observance sought to make employees aware of the struggles of Black Americans who have helped ensure full participation for Americans in every aspect of life in the US. Employees attended a cultural and educational program, as well as an exhibit from the Smithsonian Institution, entitled ''Out of Africa.'' A brief examination of Black history reveals some of the following items of interest: 1. In 1375, North American Indians told legends of travelers with black skin and curly hair. 2. In 1512, John Garrido, a slave or a free Negro, planted the first wheat in the New World. 3. In 1619, twenty Blacks were among those English settlers landing at Jamestown. JF - Federal Home Loan Bank Board Journal AU - Johnson, Andrea Y1 - 1983/03// PY - 1983 DA - Mar 1983 SP - 29 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 3 SN - 07370725 KW - Public Administration KW - Minorities KW - Manypeople KW - History KW - Constitutional law KW - Blacks KW - 9190:US KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222405196?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=February+-+Black+History+Month+at+the+Bank+Board&rft.au=Johnson%2C+Andrea&rft.aulast=Johnson&rft.aufirst=Andrea&rft.date=1983-03-01&rft.volume=16&rft.issue=3&rft.spage=29&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Changes in Deposit Account Structure, April-September 1982 AN - 222404766; 00200940 AB - Deposit growth for savings and loan associations (S&Ls) slowed for the 6 months ending September 30, 1982. This was due mainly to deteriorating over-the-counter deposit flows to S&Ls, along with slower growth in all savers certificates (ASC), 2.5-year variable certificates, and no-ceiling retirement accounts. Helping to stem this tide were: 1. inflows to 3 newly-authorized accounts, 2. lower attrition from 6-month money market certificates, and 3. old fixed-rate certificates of deposit (CD). The 3 new accounts were 7-31-day certificates, 3-month money market certificates (the most popular new account), and 3.5-year no ceiling certificates. Lower market rates led to a reduction in the rates offered on all S&L accounts in late September, as compared with April 1982. As these rates fell, S&Ls offered an increased proportion of market-related accounts and in ceiling rates on certificates. Term structure of S&Ls was shortened largely due to several factors, including the maturing of many ASCs in October 1982. Another factor was the slowdown in the growth of longer-term certificates. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia K Y1 - 1983/03// PY - 1983 DA - Mar 1983 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 3 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings accounts KW - Savings & loan associations KW - Money market certificates KW - Keogh plans KW - Individual retirement accounts KW - Deposit accounts KW - Bank deposits KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404766?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Changes+in+Deposit+Account+Structure%2C+April-September+1982&rft.au=Olin%2C+Virginia+K&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1983-03-01&rft.volume=16&rft.issue=3&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Coping with Volatile Financial Markets: Australia's Experience AN - 222403034; 00200936; 00219757 AB - Australia's housing finance market is much like that of the US with respect to volatile interest rates. However, their much greater use of variable rate mortgages (VRM) has enabled Australia's institutions to fare better under such volatile conditions. As interest rates rose in Australia, new mortgages carried a higher rate of interest, while existing mortgages were adjusted to a lengthened maturity or higher monthly payments. Despite higher housing payments, Australian mortgages experienced no significant rise in default rates. The Australian government has also taken steps to help home lenders and borrowers contend with the chaotic interest rate environment. Savings banks were allowed to raise their mortgage rates from 12.5% to 13.5% and restrictions on their liabilities were also eased. Consumers were given such concessions as the provision of up to $700 a year in tax rebates for first-home purchasers and the establishment of a $20-million fund to provide emergency mortgage relief. Meanwhile, Australia is taking steps to deregulate housing finance markets. JF - Federal Home Loan Bank Board Journal AU - Temby, Warwick AU - Goodman, John L, Jr Y1 - 1983/03// PY - 1983 DA - Mar 1983 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 3 SN - 07370725 KW - Public Administration KW - Variable interest rates KW - Savings banks KW - Mortgages KW - Markets KW - Interest rates KW - Industry KW - Housing KW - Financial KW - Deregulation KW - Mortgage Banking KW - Interest Rates (credit) KW - Australia KW - 8120:Retail banking services KW - 4310:Regulation KW - 9179:Asia & the Pacific KW - 9170:Non-US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403034?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Coping+with+Volatile+Financial+Markets%3A+Australia%27s+Experience&rft.au=Temby%2C+Warwick%3BGoodman%2C+John+L%2C+Jr&rft.aulast=Temby&rft.aufirst=Warwick&rft.date=1983-03-01&rft.volume=16&rft.issue=3&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Australia ER - TY - JOUR T1 - Conversion Update: Marketing Techniques for a Successful Proxy Solicitation and Stock Sale AN - 222402962; 00200937; 00139859; 00219758 AB - Increasingly, mutual savings and loan associations (S&L) are converting to public ownership as a way of raising equity capital at no interest and as a means of rewarding loyalty. In order to go public, mutual S&Ls must gather a favorable majority of eligible votes within a 45-day maximum time frame. This requires an effective marketing effort. Once proxies are solicited, all stock must then be sold or conversion does not take place. Recent regulatory changes have aided the conversion effort. For example, one of the 5 marketing options the changes allow is the use of a 12-16 page Summary Proxy Statement with a postage-prepaid request form for an unabridged version, rather than mailing out a 70-140 page full Proxy Statement for each voter. Proxy solicitation should try to cover all bases, such as by using point-of-sale displays and computer selection of target groups of members with great voting power. In marketing the stock subscription offering, the S&L must be careful to stay within legal bounds and to present a clear, persuasive marketing proposition. JF - Federal Home Loan Bank Board Journal AU - Field, Andrew H AU - Field, Carol Y1 - 1983/03// PY - 1983 DA - Mar 1983 SP - 6 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 3 SN - 07370725 KW - Public Administration KW - Stock offerings KW - Savings & loan associations KW - Regulation KW - Proxy solicitation KW - Ownership KW - Mutual KW - Capital formation KW - Thrift Institutions KW - Stocks KW - Proxy KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402962?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Conversion+Update%3A+Marketing+Techniques+for+a+Successful+Proxy+Solicitation+and+Stock+Sale&rft.au=Field%2C+Andrew+H%3BField%2C+Carol&rft.aulast=Field&rft.aufirst=Andrew&rft.date=1983-03-01&rft.volume=16&rft.issue=3&rft.spage=6&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board; Fhlbb N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Fidelity Insurance: Are There Differences in Experience Among Financial Institutions? AN - 222466123; 00199396 AB - Various types of financial intermediaries face similar risks with respect to losses, due to dishonest employees, theft, forgery, and counterfeit currency. However, Daniels (1980) shows that the actual incidence level of crimes is lowest against commercial banks (21.3%) and highest against mutual savings banks (42.2%), with savings and loan associations (S&L) (26.4%) between the 2. A study was conducted which analyzed aggregate loss data from the Surety Association of America, over the period 1967 to 1980. A cross-sectional time series model was used, which employed a co-variance analysis and analysis of variance, and which considered the size of a loss in relation to total assets and the trend over time. The results affirm that mutual savings banks and S&Ls have similar loss experiences, which are different from the experience of commercial banks. An analysis of loss ratios used by insurers in determining fidelity risks shows commercial banks and mutual savings banks to have similar premium structures, with S&Ls being significantly different. This situation probably results from different regulatory policies. JF - Federal Home Loan Bank Board Journal AU - Thompson, A Frank, Jr AU - Rutz, Roger D AU - Stiner, Frederic M, Jr Y1 - 1983/02// PY - 1983 DA - Feb 1983 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 2 SN - 07370725 KW - Public Administration KW - Studies KW - Savings banks KW - Savings & loan associations KW - Regression analysis KW - Loss ratio KW - Insurance KW - Financial institutions KW - Fidelity KW - Crime KW - Commercial banks KW - 8100:Financial services industry KW - 8220:Property casualty insurance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222466123?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Fidelity+Insurance%3A+Are+There+Differences+in+Experience+Among+Financial+Institutions%3F&rft.au=Thompson%2C+A+Frank%2C+Jr%3BRutz%2C+Roger+D%3BStiner%2C+Frederic+M%2C+Jr&rft.aulast=Thompson&rft.aufirst=A&rft.date=1983-02-01&rft.volume=16&rft.issue=2&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Housing Crisis: Relating the Cure to the Illness AN - 222404808; 00199398 AB - The US housing crisis has resulted from the very high interest rates savings & loan associations (S&L) must pay to compete with other financial intermediaries in attracting funds. S&Ls must require high interest rates and high mortgage payments to cover their cost of funds and the inflation rate risk. New graduated payment and variable rate mortgage instruments have been developed to make home ownership more affordable. Price-level adjusted mortgages (PLAMs) provide for future payments and principal balances to be adjusted for inflation based upon the Consumer Price Index. This makes inflation adjustment or inflation risk premiums in interest rates unnecessary. PLAMs are based on a level-payment amortization schedule. They have potential problems with regard to loan-to-value and payment-to-income concerns. The real dollar payback (RDP) mortgage corrects for this, while also featuring the advantages of PLAM. It uses a level principal payment and provides a declining loan-to-value ratio and declining real monthly payment. JF - Federal Home Loan Bank Board Journal AU - Sharplin, Arthur Y1 - 1983/02// PY - 1983 DA - Feb 1983 SP - 12 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 2 SN - 07370725 KW - Public Administration KW - Variable interest rates KW - Savings & loan associations KW - Payments KW - Mortgages KW - Interest rates KW - Inflation KW - Housing KW - Graduated KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404808?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Housing+Crisis%3A+Relating+the+Cure+to+the+Illness&rft.au=Sharplin%2C+Arthur&rft.aulast=Sharplin&rft.aufirst=Arthur&rft.date=1983-02-01&rft.volume=16&rft.issue=2&rft.spage=12&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Major Issues for Thrifts in the 1980s AN - 222404721; 00199397 AB - The turbulent economic environment of recent years has raised major issues concerning the future of the thrift industry. The trend in savings and loan associations (S&L) is toward diversifying within the field, rather than becoming homogenized. S&Ls will either retain their traditional operations, specialize in mortgage banking activities, or develop as family financial centers. The problems associated with borrowing short and lending long are being lessened by: 1. freeing thrifts to compete for funds, 2. promoting individual retirement accounts, 3. expanding participation in the secondary mortgage market, and 4. offering more rollover and indexed mortgage loans. S&Ls will look to the secondary market for future home financing. Mortgage pass-through securities and mortgage-backed bonds will be used to tap huge pension funds. The mortgage of the future will be a variable rate mortgage or a renegotiable rate mortgage. The adjustable mortgage loan featuring graduated payments or shared appreciation will provide S&Ls with maximum flexibility. JF - Federal Home Loan Bank Board Journal AU - Harris, Jack Y1 - 1983/02// PY - 1983 DA - Feb 1983 SP - 7 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 2 SN - 07370725 KW - Public Administration KW - Variable interest rates KW - Savings & loan associations KW - NOW accounts KW - Mortgages KW - Mortgage banks KW - Housing KW - Deregulation KW - Depository Institutions Deregulation & Monetary Control Act 1980-US KW - 8120:Retail banking services KW - 4310:Regulation KW - 4320:Legislation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404721?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Major+Issues+for+Thrifts+in+the+1980s&rft.au=Harris%2C+Jack&rft.aulast=Harris&rft.aufirst=Jack&rft.date=1983-02-01&rft.volume=16&rft.issue=2&rft.spage=7&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Home Equity Conversion Through Reverse Annuity Mortgages: An Income Supplement for the Elderly AN - 222466176; 00196451; 00221508 AB - The reverse annuity mortgage (RAM) offers elderly homeowners who are house rich and income poor a means to raise extra cash for living from an otherwise illiquid asset. An RAM is a home equity scheme in which an elderly homeowner: 1. borrows from a lender on the basis of home equity, 2. receives periodic income based on this loan, 3. repays the principal of the loan by sale of the house, and 4. pays interest on the loan either periodically or not until the repayment of principal. RAMs offer a number of income advantages to elderly homeowners, although their assets are decreased and there is some risk of outliving the loan term or some cost to get an institution to assume that risk. For lenders, the risks appear to outweigh the incentives of RAM lending, so public policy might play a role in fostering this type of equity conversion mechanism. Two mechanisms stand out as possibles: 1. direct subsidizing of the income stream generated by RAM borrowing for a more favorable interest rate differential to the borrower, and 2. tax-exempt bonds of local governments to provide low-cost funds to lenders providing RAMs. JF - Federal Home Loan Bank Board Journal AU - Sjogren, Jane AU - Feins, Judith Y1 - 1983/01// PY - 1983 DA - Jan 1983 SP - 15 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 1 SN - 07370725 KW - Public Administration KW - Older people KW - Mortgages KW - Income KW - Homes KW - Home ownership KW - Equity KW - Conversion KW - Annuities KW - Senior Citizens Market KW - Reverse Mortgages KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222466176?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Home+Equity+Conversion+Through+Reverse+Annuity+Mortgages%3A+An+Income+Supplement+for+the+Elderly&rft.au=Sjogren%2C+Jane%3BFeins%2C+Judith&rft.aulast=Sjogren&rft.aufirst=Jane&rft.date=1983-01-01&rft.volume=16&rft.issue=1&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The All Savers Experience in the Eighth District AN - 222409922; 00196450; 00221506 AB - The Federal Home Loan Bank of Des Moines (Iowa) surveyed the Eighth District's savings and loan associations (S&L) to determine where funds from maturing All Savers Certificates (ASC) were being deposited. A total of 130 federally insured S&Ls in the district responded to the survey. The results indicate that: 1. Eighth District S&Ls were relatively successful at retaining funds from matured ASCs, with S&Ls retaining about 78% of the funds. 2. The largest account group had the highest share of renewals and the largest percentage of funds (22%) going into retail repurchase agreements. 3. Only 16% of maturing funds went into 6-month money market certificates (MMC). 4. The 2 11/2-year SSCs received sizable deposits, involving an average of 27% of maturing ASC funds. 5. Passbook and negotiable order of withdrawal (NOW) accounts received an average of 11% of the funds overall. 6. The data suggest that 2 types of people purchased the ASC: those in the 30% or more marginal tax bracket, for whom the tax advantage was significant, and those in lower brackets, for whom the certificate's appeal was more emotional. JF - Federal Home Loan Bank Board Journal AU - Wright, Lee Y1 - 1983/01// PY - 1983 DA - Jan 1983 SP - 9 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 1 SN - 07370725 KW - Public Administration KW - Tax free KW - Surveys KW - Statistical data KW - Savings & loan associations KW - Certificates of deposit KW - All Savers Certificates Of Deposit KW - Minnesota KW - North Dakota KW - US KW - Missouri KW - Plains KW - South KW - Iowa KW - Midwest KW - South Dakota KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409922?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+All+Savers+Experience+in+the+Eighth+District&rft.au=Wright%2C+Lee&rft.aulast=Wright&rft.aufirst=Lee&rft.date=1983-01-01&rft.volume=16&rft.issue=1&rft.spage=9&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - US; South Dakota; South; Plains; North Dakota; Missouri; Minnesota; Midwest; Iowa ER - TY - JOUR T1 - Crimes Against S&Ls Jump During Second Half of 1981 AN - 222409848; 00196453; 00221509 AB - During the second 6 months of 1981, crimes against those in the savings and loan association (S&L) field jumped 10.4%, from 1,068 to 1,180. Much of the increase was attributed to the rise in robberies; S&Ls were robbed 1,134 times in the 2nd half of 1981 as compared to 1,028 in the first half, an increase of 10.3%; also, burglaries increased by 6 to 30, while larcenies remained at 16. Commercial banks also suffered, with a 9.02% increase in total crimes, while total crimes against credit unions declined 14.6%. California had the highest total crimes during the 2nd half of 1981 and the greatest increase as well, while Illinois had the greatest percentile increase. Other significant developments were: 1. The number of perpetrators known to be involved declined. 2. Violence declined from the first half of 1981 but was greater than in the last half of 1980. 3. Hobbs Act violations dropped 26.2%. 4. FBI investigations into fraud and embezzlement decreased from 1981's first half, but were still more than a year before. JF - Federal Home Loan Bank Board Journal AU - Daniels, Peggy W Y1 - 1983/01// PY - 1983 DA - Jan 1983 SP - 28 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 1 SN - 07370725 KW - Public Administration KW - Violence KW - Statistical data KW - States KW - Savings & loan associations KW - Larceny KW - Extortion KW - Crime KW - Burglary KW - Banks KW - Hobbs Act KW - Bank Crimes KW - 9140:Statistical data KW - 8100:Financial services industry KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409848?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Crimes+Against+S%26amp%3BLs+Jump+During+Second+Half+of+1981&rft.au=Daniels%2C+Peggy+W&rft.aulast=Daniels&rft.aufirst=Peggy&rft.date=1983-01-01&rft.volume=16&rft.issue=1&rft.spage=28&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Bureau Of Investigation N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1983 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Thrift Outlook - Cautiously Optimistic AN - 222405246; 00196452 AB - Feelings of optimism, hope, confidence, and promise, tempered with caution, pervaded the annual Thrift Outlook Conference on December 3 in Washington, DC. Highlights at the conference included: 1. Keynote speaker Kenneth T. Rosen, chairman of the Real Estate and Urban Economics Center at the University of California at Berkeley, predicted a bright future for housing in the 1980s. 2. A panel discussion entitled ''Financial Market Concentration'' focused on the evolving and regulatory market structure. 3. Luncheon speaker, Richard T. Pratt, Chairman of the Federal Home Loan Bank Board, spoke on ''Restructuring Political Coalitions.'' 4. Edwin J. Gray, first vice-president of Great American Federal Savings and Loan Association of San Diego, reviewed the events leading to the passage of the Garn-St Germain Depository Institutions Act of 1982. 5. A panel discussion focused on ''New Savings and Loan Opportunities''. JF - Federal Home Loan Bank Board Journal AU - Chamberlain, Charlotte A AU - Peterson, Paul T Y1 - 1983/01// PY - 1983 DA - Jan 1983 SP - 26 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 1 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Predictions KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222405246?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Thrift+Outlook+-+Cautiously+Optimistic&rft.au=Chamberlain%2C+Charlotte+A%3BPeterson%2C+Paul+T&rft.aulast=Chamberlain&rft.aufirst=Charlotte&rft.date=1983-01-01&rft.volume=16&rft.issue=1&rft.spage=26&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Advisory Council Assumes a New Role AN - 222404855; 00196454 AB - The 24-member Federal Savings and Loan Advisory Council, created by Congress in 1935, has changed focus recently. Although it used to deal with concerns of industry members regarding changes in specific regulations, the Council's agenda has broadened in the past 2 years to include additional emerging macro issues of immediate concern to the Federal Home Loan Bank Board (FHLBB). The Council's new role is best exemplified in its discussion of the ''new powers'' that were given to the industry in the Garn-St Germain Depository Institutions Act of 1982, which the Council began examining in 1981; the Council helped the FHLBB to further crystallize its thinking, and many Council recommendations were included in the final version of the legislation. The Council's composition has been an important factor in its recent accomplishments. Twelve of the members are top savings and loan association executives from various parts of the country who are elected by each of the district Federal Home Loan Banks; the other 12 members, appointed by the FHLBB, represent a variety of related organizations and provide a cross section of views. JF - Federal Home Loan Bank Board Journal AU - Buckley, John M, Jr AU - Martin, Crista G Y1 - 1983/01// PY - 1983 DA - Jan 1983 SP - 32 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 1 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404855?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Advisory+Council+Assumes+a+New+Role&rft.au=Buckley%2C+John+M%2C+Jr%3BMartin%2C+Crista+G&rft.aulast=Buckley&rft.aufirst=John&rft.date=1983-01-01&rft.volume=16&rft.issue=1&rft.spage=32&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Who Is the Thrift User? AN - 222404827; 00196449; 00221505 AB - Hasechannen Research Associates Inc. conducted telephone interviews with the chief financial decision maker in 3.014 randomly selected households throughout the 50 states in a recent survey sponsored by the Federal Home Loan Banks. Results indicate that: 1. A total of 57% of the population are thrift users, 69% are bank users, and 30% are credit union users. 2. There is significant regional variation in thrift use, with those in the New York and Boston Federal Home Loan Bank Districts significantly more likely to be thrift users than the nation's population. 3. There is an above-average use of thrifts in the Northeast. 4. A total of 75% of the population have passbook accounts, 11% have money market mutual fund accounts, and 78% of money market mutual fund holders also have passbooks. 5. Those in the sample express very traditional attitudes concerning where they would go for various financial products, and a significant majority of all respondents say they expect to be at the same main financial institution 5 years from now. JF - Federal Home Loan Bank Board Journal AU - McKenzie, Joseph A AU - Winger, Alan R Y1 - 1983/01// PY - 1983 DA - Jan 1983 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 1 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Markets KW - Financial services KW - Financial institutions KW - Credit unions KW - Consumer attitudes KW - Commercial banks KW - Thrift Institutions KW - Retail Banking KW - Products KW - Hase/schannen Research Associates Inc. KW - Consumer Behavior KW - 9140:Statistical data KW - 7100:Market research KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404827?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Who+Is+the+Thrift+User%3F&rft.au=McKenzie%2C+Joseph+A%3BWinger%2C+Alan+R&rft.aulast=McKenzie&rft.aufirst=Joseph&rft.date=1983-01-01&rft.volume=16&rft.issue=1&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Monthly Cost of Funds AN - 222400691; 00196455; 00139856 AB - A new monthly average cost-of-funds series published by the Federal Home Loan Bank Board (FHLBB) will allow associations to compare their own cost of funds versus a national cost of funds on a frequent basis and can also be used as an index with adjustable rate mortgage programs. It is hoped that this index will reduce refinancings associated with adjustable mortgage loans (AMLs) using these kinds of indices. Induced refinancings of AMLs are possible with virtually all AML indices, because the spread between any index rate and new local mortgage rates is likely to fluctuate; in addition, several regulatory and institutional features exacerbate refinancings. The monthly average cost of funds series is the median cost of funds ratio for federally insured associations computed from interest and expense data in the FHLBB's monthly financial report; the series is adjusted for variation in the length of months. JF - Federal Home Loan Bank Board Journal AU - Chamberlain, Charlotte A AU - Olin, Virginia K AU - McKenzie, Joseph A Y1 - 1983/01// PY - 1983 DA - Jan 1983 SP - 34 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 1 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Mortgages KW - Interest rates KW - Indexes KW - Financial ratios KW - Cost KW - Adjustments KW - 8120:Retail banking services KW - 3100:Capital & debt management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400691?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Monthly+Cost+of+Funds&rft.au=Chamberlain%2C+Charlotte+A%3BOlin%2C+Virginia+K%3BMcKenzie%2C+Joseph+A&rft.aulast=Chamberlain&rft.aufirst=Charlotte&rft.date=1983-01-01&rft.volume=16&rft.issue=1&rft.spage=34&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1983 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Why Cost Accounting - A Management Summary AN - 222408226; 00192396; 00124334 AB - Although many thrift institutions have operated for years with little or no cost accounting information, margins strained by a changing environment and increased competition mean that non-interest expense savings may represent a substantial increase in an institution's income. Developing a cost accounting system does not necessarily require a large investment in computer software, although larger institutions may want a computer-oriented system to produce a great number of management reports. The development of a cost accounting system means developing a method for obtaining cost data, allocating cost properly, and presenting the resulting data in a usable format. In many situations, the cost accounting system can be integrated easily with the existing manual accounting system. The management steps involved in implementing a cost system fall into 3 major categories: 1. defining the organizational cost accounting objectives, 2. assigning the project to a capable officer and providing management support, and 3. monitoring development and emphasizing the importance of cost accounting to the organization. JF - Federal Home Loan Bank Board Journal AU - Lutz, Alfred J, Jr AU - McCarthy, Michael P Y1 - 1982/12// PY - 1982 DA - Dec 1982 SP - 5 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 12 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Implementations KW - Financial planning KW - Financial management KW - Cost accounting KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 4120:Accounting policies % procedures UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408226?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Why+Cost+Accounting+-+A+Management+Summary&rft.au=Lutz%2C+Alfred+J%2C+Jr%3BMcCarthy%2C+Michael+P&rft.aulast=Lutz&rft.aufirst=Alfred&rft.date=1982-12-01&rft.volume=15&rft.issue=12&rft.spage=5&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds in the Third Quarter 1982 AN - 222408162; 00192398 AB - During 3rd quarter 1982, deposit flow at US savings and loan associations expanded from the 2nd quarter gain, but the increase was less than the 2 prior quarterly increases. The improvement primarily reflected a reduced over-the-counter outflow, aided by the introduction of another short-term deposit account. Mortgage lending picked up contra-seasonally, as demand was stimulated by interest rates declining to the 12%-13% range; the biggest improvement in permanent lending activity was for single family, previously occupied dwellings. New mortgage commitments increased from the 2nd quarter volume, and both commitments made and commitments outstanding showed year-over-year improvement for the first time in 1982. Total borrowings reached record levels as associations substantially increased outside borrowing while reducing borrowings from the Federal Home Loan Banks. Associations also increased holdings of liquid assets to a record amount by the end of the quarter. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia Y1 - 1982/12// PY - 1982 DA - Dec 1982 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 12 SN - 07370725 KW - Public Administration KW - Trends KW - Statistical data KW - Savings & loan associations KW - Mortgages KW - Liquidity KW - Home loans KW - Funds KW - Borrowing KW - Bank deposits KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408162?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds+in+the+Third+Quarter+1982&rft.au=Olin%2C+Virginia&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1982-12-01&rft.volume=15&rft.issue=12&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - On Practical Application of Equity Portfolio Selection Via Linear Programming AN - 222403545; 00192397; 00222638 AB - This study was undertaken to convince practitioners that linear programming (LP) models generally can improve the portfolio selection process. Input was obtained from 7 portfolio managers and security analysts at Mercantile Trust Co. (St. Louis, Missouri), from whom 23 individual client portfolios were obtained. Input for individual securities was obtained from information sources available to the portfolio manager, and solutions to the LP portfolio selection problems were obtained by the use of an LP software package. In 18 of the accounts examined, the optimal portfolios that corresponded with the optimal LP solutions had a better performance than the actual ones determined by practitioners without the use of quantitative models. The LP model has a number of advantages, but its performance depends on the accuracy of the estimates of the annual rate of return provided by the analysts. JF - Federal Home Loan Bank Board Journal AU - Levary, Reuven R AU - Avery, Michael L Y1 - 1982/12// PY - 1982 DA - Dec 1982 SP - 7 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 12 SN - 07370725 KW - Public Administration KW - Selection KW - Portfolio management KW - Linear programming KW - Applications KW - Software KW - Portfolio Management Advisory Services KW - Mercantile Trust Company KW - Investments KW - Computer Software KW - US KW - Saint Louis, Missouri KW - South KW - 2600:Management science/operations research KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403545?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=On+Practical+Application+of+Equity+Portfolio+Selection+Via+Linear+Programming&rft.au=Levary%2C+Reuven+R%3BAvery%2C+Michael+L&rft.aulast=Levary&rft.aufirst=Reuven&rft.date=1982-12-01&rft.volume=15&rft.issue=12&rft.spage=7&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - US; South; Saint Louis, Missouri ER - TY - JOUR T1 - Managers in the Year 2000 AN - 222403349; 00192395; 00222494 AB - The chief task of management in 2000 will be to deal with change, especially: 1. rapidly changing technology, 2. a more difficult and more complex internal environment, and 3. the increased complexity of the external environment. These inexorable forces will create a world marked by a service economy, a knowledgeable, socially concerned, humanistic society, and a fast-moving, unstable social system. The manager in 2000 is much more likely to be a woman. The future manager will have a much more sophisticated understanding of new automation technology and a greater analytical ability. He or she will be more aware of other institutions in society and will possess a global perspective. Decision making will be based more on direct participation and better information than on authority. A greater people-sensitivity will reflect a growing concern for the quality of life. Most of the forces affecting life in 2000 are already emerging; since most of tomorrow's senior executives are working now, preparation is both possible and essential. JF - Federal Home Loan Bank Board Journal AU - Walt, Harold R Y1 - 1982/12// PY - 1982 DA - Dec 1982 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 12 SN - 07370725 KW - Public Administration KW - Predictions KW - Managers KW - Management KW - Forecasts KW - Changes KW - personal profiles KW - Succession Planning KW - Social Responsibilities KW - Future Of Banking KW - 2130:Executives UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403349?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Managers+in+the+Year+2000&rft.au=Walt%2C+Harold+R&rft.aulast=Walt&rft.aufirst=Harold&rft.date=1982-12-01&rft.volume=15&rft.issue=12&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Association Earnings: First Half of 1982 AN - 222401683; 00192399 AB - During the first half of 1982, net operating losses at federally insured savings and loan (S&Ls) associations were somewhat smaller than during the previous 6 months because of a small reduction in the average cost of funds to S&Ls and an increase in the mortgage portfolio yield. After-income-tax losses increased slightly in the opening half of 1982, reflecting a reduction in income tax refunds or credits taken by S&Ls. However, this decline in earnings (less than $0.2 billion) was the smallest since earnings began to slip in 1979. The average cost of funds to S&Ls declined from 11.53% in the last half of 1981 to 11.49% during the first half of 1982. The drop more than offset a small increase in the cost of deposits and reflected lower short-term market interest rates in the first half of the year. There was another slight increase in operating expenses and a moderation in the increase in operating income. Some 82% of all federally insured S&Ls experienced losses during 1982's first half, compared to 85% in the prior period. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1982/12// PY - 1982 DA - Dec 1982 SP - 15 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 12 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Profitability KW - Losses KW - Income KW - Earnings KW - Business conditions KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401683?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Association+Earnings%3A+First+Half+of+1982&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1982-12-01&rft.volume=15&rft.issue=12&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Savings and Loan Industry: Past, Present, and Future AN - 222408288; 00191171; 00223367 AB - The fact that inflation and short-term interest rates have been falling in a sustained downward trend over the past several months bodes well for the thrift industry. However, even if rates rise again, there are several other fundamental changes which should allow for a lasting recovery: 1. the passage of the Garn-St Germain Depository Institutions Act of 1982, which will greatly enhance thrift asset powers and give the industry the flexibility to respond to rapidly changing economic conditions, 2. deregulation of both the asset and liability side of the business by the Bank Board in an effort to allow owners and operators of associations freedom of choice and the use of business judgment to shape their own destiny, 3. the rapid response of those owners and operators to their new environment, and 4. the securing of several favorable court rulings which have enabled the Bank Board to deal more effectively with deregulating the industry and assisting distressed institutions. The industry's future is bright, because the time of change is also one of opportunity. JF - Federal Home Loan Bank Board Journal AU - Pratt, Richard T Y1 - 1982/11// PY - 1982 DA - Nov 1982 SP - 3 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 11 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Deregulation KW - Banking law KW - Bank examinations KW - Savings & Loan Associations KW - Garn-st. Germain Depository Institutions Act Of 1982 KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408288?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Savings+and+Loan+Industry%3A+Past%2C+Present%2C+and+Future&rft.au=Pratt%2C+Richard+T&rft.aulast=Pratt&rft.aufirst=Richard&rft.date=1982-11-01&rft.volume=15&rft.issue=11&rft.spage=3&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Home Loan Bank Board; Fslic; Fhlbb N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Private Pension Funds: New Source of Housing Finance? AN - 222403669; 00191172; 00223479 AB - Recently, legislative and administrative changes have eliminated many of the obstacles to pension plan investment in federally related mortgage securities. Strong marketing efforts by both the secondary market agencies and the mortgage lending industry will be needed to attract the attention of private pension funds to these instruments, and more changes are required to make privately issued mortgage investments competitive with other investment alternatives. Two prohibited transaction exemption (PTE) regulations, PTE 81-7 and PTE 82-87, have considerably increased the ability of pension plans to invest in mortgage-related instruments, but they require greater refinement. Those wishing to sell mortgage-related investments to pension plans must consider Employee Retirement Income Security Act (ERISA) fiduciary duties and prohibited transactions. Lenders seeking pension plan investors must consider a number of factors, and the proposed Trust for Investment in Mortgages (TIM) - a new kind of private mortgage-backed security (MBS) - should avert some of the current restrictions. JF - Federal Home Loan Bank Board Journal AU - Anonymous Y1 - 1982/11// PY - 1982 DA - Nov 1982 SP - 9 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 11 SN - 07370725 KW - Public Administration KW - Real estate KW - Private KW - Pension funds KW - Mortgages KW - Investment KW - ERISA KW - Secondary Mortgage Market KW - Pension Funds KW - Mortgage-backed Securities KW - Legislation KW - Erisa KW - 4310:Regulation KW - 3600:Pension fund management KW - 8360:Real estate industry KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403669?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Private+Pension+Funds%3A+New+Source+of+Housing+Finance%3F&rft.au=Anonymous&rft.aulast=Anonymous&rft.aufirst=&rft.date=1982-11-01&rft.volume=15&rft.issue=11&rft.spage=9&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Thrift Institution Mergers: Income Tax Effects AN - 222408358; 00188252; 00124337 AB - A voluntary savings and loan association (S&L) merger can either be a non-taxable corporate reorganization, or a taxable sale and exchange. In a non-taxable merger: 1. the stockholders of the merged S&L do not recognize gain or loss on the exchange of their stock, 2. the tax basis of the acquired assets is unchanged, and 3. the merged firm assumes the bad debts reserve and thus avoids income from adjustment for bad debts. With a taxable sale and exchange: 1. the stockholders of the merged company recognize gain on the receipt of cash for their stock, 2. the tax basis of assets acquired by the merged firm will reflect cash paid and liabilities assumed and, 3. the merged firm must pay income tax on bad debt adjustments in excess of the bad debt reserve received. While the non-taxable merger is preferred, the merger must be designed to provide continuity of interest by the equity holder of the merged S&L. When a mutual S&L acquires a mutual S&L, the Internal Revenue Service (IRS) views it as a reorganization. When a stock S&L acquires a mutual S&L, the IRS views it as a non-taxable merger. When a stock S&L merges into a mutual S&L, the IRS has denied ''exchange'' status to the transaction. However, the US Tax Court in Paulsen v. Commissioner ruled the latter as tax-free. JF - Federal Home Loan Bank Board Journal AU - Lindbeck, Rudolph AU - Jahera, John S, Jr Y1 - 1982/10// PY - 1982 DA - Oct 1982 SP - 8 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 10 SN - 07370725 KW - Public Administration KW - Tax planning KW - Savings & loan associations KW - Revenue procedures & rulings KW - Internal Revenue Code KW - Corporate taxes KW - Corporate income tax KW - Acquisitions & mergers KW - 4210:Institutional taxation KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408358?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Thrift+Institution+Mergers%3A+Income+Tax+Effects&rft.au=Lindbeck%2C+Rudolph%3BJahera%2C+John+S%2C+Jr&rft.aulast=Lindbeck&rft.aufirst=Rudolph&rft.date=1982-10-01&rft.volume=15&rft.issue=10&rft.spage=8&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Elimination of Homeownership Tax Subsidies and Their Effects AN - 222403487; 00188254; 00124331 AB - A 1981 study by the Congressional Budget Office (CBO), The Tax Treatment of Homeownership: Issues and Options, notes that tax provisions making homeownership more affordable also divert savings from business investment, reduce demand for rental units, and raise house prices. Federal tax subsidies to homeownership totalled $31.26 billion in 1981. Deductibility of mortgage interest and deductibility of property taxes accounted for 66% and 27% of these subsidies, respectively. These deductions primarily benefited those in the $30,000 to $100,000 income range and young families. To correct the misallocation effects of these tax subsidies, 6 policy options were reviewed. The plan presented here calls for a 5% reduction per year in the percentage of mortgage interest rate deductions and property tax deductions allowed. As the deductions are eliminated, federal tax revenues would be increased and benefits would accrue to rental units. JF - Federal Home Loan Bank Board Journal AU - Smith, Stanley D Y1 - 1982/10// PY - 1982 DA - Oct 1982 SP - 15 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 10 SN - 07370725 KW - Public Administration KW - Tax reform KW - Tax deductions KW - Tax benefits KW - Studies KW - Property taxes KW - Housing KW - Home ownership KW - 4230:Personal taxation KW - 8360:Real estate industry KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403487?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Elimination+of+Homeownership+Tax+Subsidies+and+Their+Effects&rft.au=Smith%2C+Stanley+D&rft.aulast=Smith&rft.aufirst=Stanley&rft.date=1982-10-01&rft.volume=15&rft.issue=10&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Congressional Budget Office N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Duration Analysis for Savings and Loan Associations AN - 222403412; 00188253 AB - Historically savings and loan associations (S&Ls) have had 2 roles - offering mortgage loans and managing portfolios of assets and liabilities. Portfolio losses now require new directions for S&Ls. They can either segment their operations, acting as mortgage bankers and mutual funds, or continue to use savings to finance mortgages but alter their portfolio management technique to reduce interest rate risk. Duration matching strategy is recommended. This concept requires: 1. calculation of duration, and 2. use of duration to calculate the price risk of an asset. Interest rate exposure is based on the duration of liabilities versus duration of assets. As this gap decreases, interest rate exposure declines. Maturity matching strategies will not provide protection against interest rate changes. Duration strategy reduces but does not completely eliminate interest rate risk because durations change as assets mature. Portfolios must be rebalanced periodically to match durations. JF - Federal Home Loan Bank Board Journal AU - Hess, Alan C Y1 - 1982/10// PY - 1982 DA - Oct 1982 SP - 12 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 10 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Risk KW - Portfolio management KW - Mortgages KW - Interest rates KW - Capital assets KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403412?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Duration+Analysis+for+Savings+and+Loan+Associations&rft.au=Hess%2C+Alan+C&rft.aulast=Hess&rft.aufirst=Alan&rft.date=1982-10-01&rft.volume=15&rft.issue=10&rft.spage=12&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Goal Orientation: The Basis for Managerial Decision Making AN - 222401753; 00188251 AB - Due to the recent period in which high interest rates have exceeded the average gross yield on their fixed rate asset portfolios, savings & loan associations (S&Ls) have experienced losses and survival struggles. S&L managers now have financing and investment decisions to be made. It is critical that managers be goal oriented in order to develop effective strategies. The proper goal is the attainment of maximum value of the organization for residual owners whose capital is at risk. Owners can be stockholders who are equity holders of a S&L, depositors who are residual owners of a S&L, and the Federal Savings & Loan Insurance Corp. (FSLIC) which exerts some ownership-like interest. In making decisions, managers must consider important factors to residual owners who prefer a larger, faster return with less risk. Management is urged to plot the return and risk of each strategy and then select strategies that will lead to goal attainment. More sophisticated evaluation of alternatives is required due to the changing operating environment for S&Ls - changing regulations and a changing customer/competition mix. JF - Federal Home Loan Bank Board Journal AU - Puglisi, Donald J AU - Schillereff, Ronald L Y1 - 1982/10// PY - 1982 DA - Oct 1982 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 10 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Management decisions KW - Investments KW - Goals KW - Goal setting KW - Decision making KW - 8120:Retail banking services KW - 2300:Planning & strategy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401753?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Goal+Orientation%3A+The+Basis+for+Managerial+Decision+Making&rft.au=Puglisi%2C+Donald+J%3BSchillereff%2C+Ronald+L&rft.aulast=Puglisi&rft.aufirst=Donald&rft.date=1982-10-01&rft.volume=15&rft.issue=10&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - How Consumers See Thrifts: Safety, Rates, and Service AN - 222408420; 00184899; 00225447 AB - A study of consumer attitudes toward thrift institutions was recently conducted for the Federal Home Loan Banks by Hase-Schannen Research Associates. Telephone interviews were conducted with the chief financial decision makers in over 3,000 randomly selected households throughout the country. The major findings of the survey are: 1. Consumers are switching savings away from thrifts because they prefer higher interest rates. 2. Although only about 1/2 of the households were aware of the thrift industry's financial problems, even consumers who are aware of thrift difficulties are not switching due to safety-related issues. 3. Consumers listed convenient location, reputation, services, and interest rates as the main factors used to select a financial institution. 4. A significant number of consumers have noted the blurring of lines between financial institutions and foresee switching their main financial institutions 5 years from now. JF - Federal Home Loan Bank Board Journal AU - Chamberlain, Charlotte AU - Shullman, Robert R Y1 - 1982/09// PY - 1982 DA - Sep 1982 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 9 SN - 07370725 KW - Public Administration KW - Surveys KW - Savings & loan associations KW - Financial services KW - Consumer behavior KW - Consumer attitudes KW - Thrift Institutions KW - Public Opinion KW - Interest Rates (deposits) KW - Bank Selection KW - 7100:Market research KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408420?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=How+Consumers+See+Thrifts%3A+Safety%2C+Rates%2C+and+Service&rft.au=Chamberlain%2C+Charlotte%3BShullman%2C+Robert+R&rft.aulast=Chamberlain&rft.aufirst=Charlotte&rft.date=1982-09-01&rft.volume=15&rft.issue=9&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Analysis of an Institutional Alternative to Residential Land Contract Sales AN - 222403996; 00184900 AB - The Supreme Court recently affirmed the right of federally chartered savings and loan associations (S&Ls) to enforce the due-on-sale clause found in virtually all mortgage contracts. Sellers will need to work with lenders rather than acting without consulting them, and lenders are sure to be more aggressive in clamping down on unauthorized sales. Both these developments will diminish the allure of land contract sales. The management at Gem Savings (Dayton, Ohio), a $1.3 billion S&L, has recently developed and implemented the Gem Guaranteed Alternative Mortgage (GGAM) as an alternative to residential land contract sales. The GGAM offers sellers: 1. assured buyer financing, 2. elimination of risk of buyer default, 3. immediate termination of loan obligation to the financing institution, and 4. a guarantee of return of equity. The GGAM offers buyers: 1. a favorable initial interest rate, 2. immediate transfer of the title, 3. guaranteed long-term financing after the initial loan term, 4. elimination of certain legal risks, and 5. affordable homeownership. JF - Federal Home Loan Bank Board Journal AU - Wright, Thomas V Y1 - 1982/09// PY - 1982 DA - Sep 1982 SP - 9 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 9 SN - 07370725 KW - Public Administration KW - Supreme Court decisions KW - Mortgages KW - Home loans KW - Assumption KW - 8120:Retail banking services KW - 4330:Litigation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403996?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Analysis+of+an+Institutional+Alternative+to+Residential+Land+Contract+Sales&rft.au=Wright%2C+Thomas+V&rft.aulast=Wright&rft.aufirst=Thomas&rft.date=1982-09-01&rft.volume=15&rft.issue=9&rft.spage=9&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds Second Quarter 1982 AN - 222399472; 00184901 AB - From the first to the second quarter of 1982, deposit flow at savings and loans (S&Ls) slowed substantially more than seasonally. There was a large increase in the over-the-counter outflow resulting from: 1. decreases in passbook account balances, 2. 6-month money market certificates, and 3. old fixed-rate certificates. There was also smaller growth in each of the other accounts. Interest credited to accounts increased by another record level, and as of May 1, associations were allowed to offer 2 new certificates; both these developments helped to buoy deposit balances. Mortgage lending increased in the 2nd quarter, but was 27% below that of a year earlier and the increase was less than seasonal. New mortgage commitments also increased, but this improvement was also less than seasonal, as outstanding commitments were virtually unchanged from the preceding quarter after seasonal adjustments. Borrowing accelerated sharply from the first quarter and reached record levels, and S&Ls increased borrowing from the Federal Home Loan Banks more than borrowing from others. Liquidity remained well in excess of the required amount. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia K Y1 - 1982/09// PY - 1982 DA - Sep 1982 SP - 13 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 9 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Mortgages KW - Deposit accounts KW - Certificates of deposit KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399472?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds+Second+Quarter+1982&rft.au=Olin%2C+Virginia+K&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1982-09-01&rft.volume=15&rft.issue=9&rft.spage=13&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Portfolio upgrading alternatives AN - 222404065; 00226468 AB - Due to increase in the cost of funds, lenders wish to upgrade their mortgage portfolios. The FHLMC and FNMA have programs which can help lenders dispose of low rate portfolio loans. The FHLMC SWAP Program allows lenders to defer losses and facilitates borrowing through the use of Participation Certificates. Most lenders use this program to increase their flexibility to manage assets. It is uncertain whether the FNMA-MBS Program will help lenders upgrade their portfolios. The SWAP Program, as opposed to the Mortgage- Backed Security program, uses PCs for liquidity or as a management tool for borrowing, which may be beneficial to the lender. JF - Federal Home Loan Bank Board Journal AU - Gallagher, Douglas D Y1 - 1982/08// PY - 1982 DA - Aug 1982 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board SN - 07370725 KW - Public Administration KW - Syndicated Loans KW - Rossi, Evelyn KW - Retail Credit Services KW - Fnma UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404065?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Portfolio+upgrading+alternatives&rft.au=Gallagher%2C+Douglas+D&rft.aulast=Gallagher&rft.aufirst=Douglas&rft.date=1982-08-01&rft.volume=&rft.issue=&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Mortgage Corporation N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1982 N1 - Last updated - 2014-05-16 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Changes in S&L Deposit Account Structure: October 1981-March 1982 AN - 222403803; 00182622; 00226470 AB - Examination of savings and loans accounts for a 6-month period ending in March 1982 shows that deposit flow increased, while the cost of savings declined. In this review, several factors are discussed concerning the role of those 2 areas in the upswing in deposit flow including: 1. the one-year, tax-exempt All-Savers Certificate and the ''no ceiling'' retirement account, 2. the elimination of the 12% cap on 21/2-year or longer variable certificate accounts (VCCs), 3. revision of the 6-month money market certificate (MMC) ceiling rate calculation, and 4. lower market interest rates. The statistical characteristics of these factors are discussed in turn. Also noted are the account-balance increases in jumbo certificates of deposits (CDs) and transaction accounts. The examination also shows declines in some account balances such as MMCs, regular passbooks, old fixed-rate certificates, and other non-certificate accounts earning more than the regular rate. A summary from recent periods of deposit structures is provided for federally insured savings and loan associations. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T AU - Olin, Virginia K Y1 - 1982/08// PY - 1982 DA - Aug 1982 SP - 12 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 8 SN - 07370725 KW - Public Administration KW - Tax free KW - Structure KW - Statistical data KW - Savings & loan associations KW - Money market certificates KW - Individual retirement accounts KW - Deposit accounts KW - Characteristics KW - Changes KW - Certificates of deposit KW - Bank deposits KW - Thrift Institutions KW - Individual Retirement Accounts KW - Certificates Of Deposit KW - All Saver Certificates KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403803?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Changes+in+S%26amp%3BL+Deposit+Account+Structure%3A+October+1981-March+1982&rft.au=Zabrenski%2C+Stephen+T%3BOlin%2C+Virginia+K&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1982-08-01&rft.volume=15&rft.issue=8&rft.spage=12&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Characteristics of Adjustable Mortgage Loans by Large Associations AN - 222401816; 00182623; 00226471 AB - The Federal Home Loan Banks (FHLBs) conducted a survey in March 1982 to assess the use of the adjustable mortgage loan (AML) authority that was granted in April 1981. The associations involved represent the 20 largest in each of the 12 FHLB districts. The survey measured the availability of AMLs, detailed the characteristics of the AMLs involved, examined commitment rates as well as terms and policy, and gauged the commitment activity during February 1982. Results of the survey show that 3/4 of the associations were offering AMLs, with 1/2 of them offering AMLs only and the remainder also offering fixed-rate loans. General characteristics of the AMLs are provided, including the handling of indexing, and the adjustments of rates and payments. The survey demonstrates considerable variations in rate differential between the AMLs and the regular fixed-rate loans, yet finds that the 2 rates are closely tied together in the majority of cases. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T AU - Olin, Virginia K Y1 - 1982/08// PY - 1982 DA - Aug 1982 SP - 21 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 8 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Mortgages KW - Maturity KW - Interest rates KW - Home loans KW - Adjustments KW - Savings & Loan Associations-pricing-fhlmc KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401816?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Characteristics+of+Adjustable+Mortgage+Loans+by+Large+Associations&rft.au=Zabrenski%2C+Stephen+T%3BOlin%2C+Virginia+K&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1982-08-01&rft.volume=15&rft.issue=8&rft.spage=21&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Alternative Mortgage Activity in the Ninth Federal Home Loan Bank District AN - 222399525; 00182621 AB - As the cost of conventional fixed-rate mortgages continued to increase during the 1970s, savings and loan associations (S&Ls) began to more seriously consider alternative mortgage instruments (AMIs). In an attempt to estimate the level of interest and activity in AMIs in the Ninth District of the Federal Home Loan Bank System, a survey was conducted covering the first 6 months of 1981. It appears that general acceptance of AMIs has been slow in developing, largely because of strong consumer resistance. Yet, with ever-tightening margin spreads facing the S&L industry, the AMIs are most likely to grow in significance. The survey measures the activity of several AMIs, and finds that the variable rate and rollover mortgages are likely to be the most heavily used instruments in the future. Statistical analysis of the AMIs characteristics are provided, as well as analysis of the activity of negotiable order of withdrawal (NOW) accounts. The role of AMIs in the portfolio structure of the Ninth District and the regulatory changes desired by the survey's respondents are also discussed. JF - Federal Home Loan Bank Board Journal AU - Hadaway, Beverly Y1 - 1982/08// PY - 1982 DA - Aug 1982 SP - 6 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 8 SN - 07370725 KW - Public Administration KW - Variable interest rates KW - Statistical data KW - Savings & loan associations KW - Renegotiation KW - Payments KW - Mortgages KW - Home loans KW - Graduated KW - Alternative KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399525?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Alternative+Mortgage+Activity+in+the+Ninth+Federal+Home+Loan+Bank+District&rft.au=Hadaway%2C+Beverly&rft.aulast=Hadaway&rft.aufirst=Beverly&rft.date=1982-08-01&rft.volume=15&rft.issue=8&rft.spage=6&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Financing the housing needs of the 1980s AN - 222465060; 00227444 AB - The President's Commission on Housing has made recommendations designed to cause a comprehensive restructuring of the housing mortgage market. By moving from an 'institution-oriented' to an 'instrument-oriented' mortgage system, competition for and flow of funds will be increased. Numbers and types of mortgage investors would also be increased, with a greater variety of instruments. This in effect would minimize government participation in the mortgage market. JF - Federal Home Loan Bank Board Journal AU - Colton, Kent W AU - Seiders, David F Y1 - 1982/07// PY - 1982 DA - Jul 1982 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 7 SN - 07370725 KW - Public Administration KW - Thrifts KW - President's Commission On Housing KW - Mortgages KW - Deregulation KW - Bank Liabilities UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465060?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Financing+the+housing+needs+of+the+1980s&rft.au=Colton%2C+Kent+W%3BSeiders%2C+David+F&rft.aulast=Colton&rft.aufirst=Kent&rft.date=1982-07-01&rft.volume=15&rft.issue=7&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds: First Quarter 1982 AN - 222465006; 00181291 AB - Although deposit flow at savings and loan associations was poor by historical standards in the first quarter of 1982, it was better than in the preceding quarter. The improvement was largely seasonal in nature. Mortgage lending declined to nearly 30% from the same period in 1981. The largest declines were for loans for purchasing 2-4 dwelling units and single-family, non-condominium homes. Deposit balances at federally insured associations increased $9.9 billion in the first quarter of 1982, an increase of $1 billion over 1981's last quarter. The improvement reflected a reduced volume of net withdrawals. Mortgage loan repayments amounted to $8.3 billion, while new mortgages made amounted to $12 billion. Gross sales increased to $7.6 billion from $4.3 billion in the quarter before. Associations increased holdings of liquid assets by a substantial amount due to the increase in deposit flow. Early in the quarter associations significantly reduced borrowings, but by early March, they had reached record levels. Other assets increased $3.9 billion in comparison to a $0.2-billion increase in the first quarter of 1981. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia K Y1 - 1982/07// PY - 1982 DA - Jul 1982 SP - 13 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 7 SN - 07370725 KW - Public Administration KW - Trends KW - Statistical data KW - Secondary markets KW - Savings accounts KW - Savings & loan associations KW - Mortgages KW - Deposits KW - Business conditions KW - Bank loans KW - Bank liquidity KW - Bank liabilities KW - Bank assets KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465006?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds%3A+First+Quarter+1982&rft.au=Olin%2C+Virginia+K&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1982-07-01&rft.volume=15&rft.issue=7&rft.spage=13&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Association Earnings - Second Half 1981 AN - 222464946; 00181292 AB - During the second half of 1981, federally insured savings and loan associations experienced after-income-tax losses of $3.1 billion, which was slightly more than twice the first half loss and was the 6th consecutive semi-annual period of deteriorating earnings. Because of sizeable Federal income tax refunds, the pre-tax loss of $4.3 billion during the second half was more than twice the first half's loss. The deterioration in earnings reflected another substantial increase in the cost of funds to associations, which was only partially offset by a moderate rise in the average return on mortgages. During the second half of 1981, the gross operating income of federally insured savings and loan associations totalled $33.6 billion and was 6.6% more than in the prior semi-annual period. The slowdown in gross operating income growth reflected relatively smaller increases in every major element of interest income. Operating expenses of associations amounted to $4.6 billion, which was a 5.1% increase from the first half. Interest cost of funds to associations totalled $34 billion. Non-operating income of associations increased sharply, while non-operating expense showed a moderate increase. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1982/07// PY - 1982 DA - Jul 1982 SP - 19 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 7 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Operating revenue KW - Operating costs KW - Income taxes KW - Business conditions KW - 9140:Statistical data KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464946?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Association+Earnings+-+Second+Half+1981&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1982-07-01&rft.volume=15&rft.issue=7&rft.spage=19&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Way We Were - The Chairmen of the Board AN - 222408524; 00178824 AB - Chairmen of the Federal Home Loan Bank Board have been: 1. Franklin W. Fort (1932-1933), 2. William F. Stevenson (1933), 3. John H. Fahey (1933-1942, 1947), 4. William K. Divers (1947-1953), 5. Walter W. McAllister (1953-1956), 6. Albert J. Robertson (1956-1961), 7. Joseph P. McMurray (1965-1968), 8. John E. Horne (1965-1968), 9. Robert L. Rand (1968-1969), 10. Preston Martin (1969-1972), 11. Carl O. Kamp, Jr. (1972-1973), 12. Thomas R. Bomar (1973-1975), 13. Garth Marston (1975-1977), 14. Robert H. McKinney (1977-1979), 15. Anita Miller (1979), 16. Jay Janis (1979-1980), 17. John H. Dalton (1980-1981), and 18. Richard T. Pratt (1981 to the present). This review of the history of the Federal Home Loan Bank Board includes commentaries of the highlights of their terms as chairman by Divers, Horne, Kamp, Bomar, Marston, McKinney, Miller, Janis, and Dalton. JF - Federal Home Loan Bank Board Journal AU - Anonymous Y1 - 1982/06// PY - 1982 DA - Jun 1982 SP - 73 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 6 SN - 07370725 KW - Public Administration KW - Manypeople KW - History KW - Boards of directors KW - 9160:Biographical treatment KW - 9550:Public sector organizations KW - 2110:Boards of directors KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408524?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Way+We+Were+-+The+Chairmen+of+the+Board&rft.au=Anonymous&rft.aulast=Anonymous&rft.aufirst=&rft.date=1982-06-01&rft.volume=15&rft.issue=6&rft.spage=73&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Federal Home Loan Bank Board AN - 222408476; 00178815 AB - The Federal Home Loan Bank Board (FHLBB) was instituted by the Federal Home Loan Bank Act of 1932 and was charged with establishing and supervising the Federal Home Loan Bank System. The reasons for the FHLBB's formation included the stock market crash of 1929 and the existence of a hodgepodge of state regulations governing savings and loans in the absence of federal surveillance. In this review, the history of FHLBB is traced through: 1. the early years (1932-1939), 2. the war years (1939-1947), 3. growth and prosperity enjoyed from 1947-1960, 4. problems associated with the rapid changes occurring from 1960-1970, and 5. the period 1971-1982. The histories of FHLBB and the savings and loan industry for the past 50 years have been closely connected, and the major dependence of the industry on the federal government started in the 1960s when FHLBB protected it from competitors via interest rate controls. Starting in the 1970s, there has been an effort by FHLBB to reduce this dependency, and increased competition is being fostered. The industry and FHLBB are now at a crossroads, one leading to continuing protection and the other to reduced protection and regulation. FHLBB has recommended the latter to Congress, with agreement from most of the industry. Exhibits. JF - Federal Home Loan Bank Board Journal AU - Buckley, John M, Jr Y1 - 1982/06// PY - 1982 DA - Jun 1982 SP - 4 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 6 SN - 07370725 KW - Public Administration KW - History KW - Growth KW - Government agencies KW - Functions KW - 9550:Public sector organizations KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408476?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Federal+Home+Loan+Bank+Board&rft.au=Buckley%2C+John+M%2C+Jr&rft.aulast=Buckley&rft.aufirst=John&rft.date=1982-06-01&rft.volume=15&rft.issue=6&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Federal Home Loan Bank System AN - 222404229; 00178816; 00228185 AB - The Federal Home Loan Bank System was founded 50 years ago, and its 3 main components are: 1. the Federal Home Loan Bank Board, 2. the 12 Banks that lend funds to member institutions and provide various services, and 3. member thrift institutions and insurance companies. Assisting in carrying out the System's mission are: 1. the Federal Savings and Loan Insurance Corp., 2. the Federal Home Loan Mortgage Corp., and 3. the Neighborhood Reinvestment Corp. A history of the System addresses such important legislation as: 1. the Home Owners' Loan Act of 1933, 2. the National Housing Act of 1934, 3. the Emergency Home Finance Act of 1970, 4. the Home Owners' Loan Act of 1935, and 5. the Housing and Community Development Act of 1978. Over the years, there have been many changes in the operations of both the Bank Board and district bank operations. The banks have added services for their members, and their loans have grown to be a significant source of funds for members. Bank membership over the years has grown from 2,086 in 1933 to 4,034 in 1981, and assets have grown from $2.6 billion to $679 billion today. JF - Federal Home Loan Bank Board Journal AU - Werner, Ruth Y1 - 1982/06// PY - 1982 DA - Jun 1982 SP - 16 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 6 SN - 07370725 KW - Public Administration KW - History KW - Government agencies KW - Functions KW - Federal legislation KW - Savings & Loan Associations KW - Financial Services KW - Economy KW - Banking Law KW - Banking History KW - 9550:Public sector organizations KW - 4330:Litigation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404229?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Federal+Home+Loan+Bank+System&rft.au=Werner%2C+Ruth&rft.aulast=Werner&rft.aufirst=Ruth&rft.date=1982-06-01&rft.volume=15&rft.issue=6&rft.spage=16&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System; Federal Home Loan Bank Board; Fslic; Fhlbb N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Federal Home Loan District Banks - Districts 7, 8, and 9 AN - 222404171; 00178822 AB - The Federal Home Loan Bank of Chicago (Illinois) serves Illinois and Wisconsin. It has been most prominent in its heritage of innovation regarding urban development. After the foreclosures of the Great Depression, the Bank urged its members to begin a revitalization process, and it had the largest Neighborhood Housing Service (NHS) program in the US. Due to branching, membership has dropped in recent years, but member assets have increased. The Federal Home Loan Bank of Des Moines (Iowa) had 131 members in 1934, shortly after its founding, and total membership now stands at 246. Assets have increased for its members from $146 million in 1936 to $38.1 billion in 1981. Current advances are slightly in excess of $3.7 billion. The Federal Home Loan Bank of Topeka (Kansas) was chartered in 1932. The economy of the district includes energy resources, agriculture, tourism, and light manufacturing. This mix has tended to provide stable economic growth and thus mute peaks and valleys of national economic cycles. JF - Federal Home Loan Bank Board Journal AU - Blaber, Leo B, Jr AU - Prichett, Dean R AU - Mowbray, Kermit L Y1 - 1982/06// PY - 1982 DA - Jun 1982 SP - 62 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 6 SN - 07370725 KW - Public Administration KW - History KW - Functions KW - 9550:Public sector organizations UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404171?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Federal+Home+Loan+District+Banks+-+Districts+7%2C+8%2C+and+9&rft.au=Blaber%2C+Leo+B%2C+Jr%3BPrichett%2C+Dean+R%3BMowbray%2C+Kermit+L&rft.aulast=Blaber&rft.aufirst=Leo&rft.date=1982-06-01&rft.volume=15&rft.issue=6&rft.spage=62&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Federal Home Loan District Banks - Districts 1, 2, and 3 AN - 222403854; 00178820 AB - Over 1/2 the members of the Federal Home Loan Bank of Boston (Massachusetts) are optional members owning over 60% of the stock of the Bank, which has functioned relatively more like a private sector bank and less like a government agency than other Federal Home Loan Banks. Regulatory and supervisory functions are less prominent, but the need to serve members well is compelling. The diversity of the New England savings and loan (S&L) industry has presented the Bank with a unique challenge in serving it. The Federal Home Loan Bank of New York opened in 1932, and its advance programs were and continue to be its main line of business. It boasts the first female officer in the bank System, and it established the first money order service in the System. Working jointly with the Boston Bank, in 1969 it established the Agency for International Development. The Federal Home Loan Bank of Pittsburgh (Pennsylvania) was also formally organized in 1932, and it serves Pennsylvania, Delaware, and West Virginia. It has maintained remarkable growth, and its lending policy is broad to accommodate almost every requirement of its membership. JF - Federal Home Loan Bank Board Journal AU - Elliott, Raymond H AU - Curry, Bryce AU - Calnan, Eugene Y1 - 1982/06// PY - 1982 DA - Jun 1982 SP - 46 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 6 SN - 07370725 KW - Public Administration KW - History KW - Functions KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403854?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Federal+Home+Loan+District+Banks+-+Districts+1%2C+2%2C+and+3&rft.au=Elliott%2C+Raymond+H%3BCurry%2C+Bryce%3BCalnan%2C+Eugene&rft.aulast=Elliott&rft.aufirst=Raymond&rft.date=1982-06-01&rft.volume=15&rft.issue=6&rft.spage=46&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of General Counsel/Personnel Management Office AN - 222403614; 00178818 AB - The Federal Home Loan Bank Board (FHLBB) fulfills many statutory responsibilities and is faced with many decisions that involve complex legal considerations. The Office of General Counsel (OGC) is FHLBB's chief legal advisor, and OGC's expansion in recent years has been accelerated by the forces of deregulation and industry preservation. It has developed, in response, into a results-oriented and innovative group, committed to assisting in the Bank Board's plans for a competitive savings and loan industry. The Personnel Management Office of the FHLBB is charged with carrying out personnel mandates and activities. Over the years, salaries and benefits have increased since FHLBB personnel were brought under the US Civil Service Retirement System in 1942, and working hours now are according to flexitime. Amenities are provided employees in working locations, and a credit union was established in 1935. Women are represented in all levels of the FHLBB, and there are many women savings and loan executives. Many of the titles used by FHLBB in the past have been discontinued, although grading of positions still exists. JF - Federal Home Loan Bank Board Journal AU - Vartanian, Thomas P AU - Madigan, Gloria Y1 - 1982/06// PY - 1982 DA - Jun 1982 SP - 24 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 6 SN - 07370725 KW - Public Administration KW - Human resource management KW - Government agencies KW - Functions KW - 9550:Public sector organizations KW - 6000:Human resource management KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403614?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+General+Counsel%2FPersonnel+Management+Office&rft.au=Vartanian%2C+Thomas+P%3BMadigan%2C+Gloria&rft.aulast=Vartanian&rft.aufirst=Thomas&rft.date=1982-06-01&rft.volume=15&rft.issue=6&rft.spage=24&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Federal Savings and Loan Insurance Corporation AN - 222402170; 00178819 AB - During the 1930s, many savings and loans (S&Ls) were forced to close their doors, causing huge losses to depositors. Thereafter, Congress created the Federal Deposit Insurance Corp. and the Federal Savings and Loan Insurance Corp. (FSLIC) to insure the accounts of all federal associations, qualified state-chartered building and loans, and other entities. Application forms for membership were sent out, and suggestions were invited from S&Ls for the design of the rules and regulations to govern FSLIC operations. History of FSLIC is traced through such areas as: 1. insurance and growth of the FSLIC fund, 2. preservation of the strength of the reserve fund, and 3. development of FSLIC so as to meet the changing needs of the business environment. Currently, the operations of FSLIC are aligned in 3 separate divisions: 1. the Insurance Settlement Division, 2. the Problem and Rehabilitation Division, and 3. the Liquidation Division. Computer processing capabilities have become an integral part of the operations of FSLIC, which has prepared for the future of the S&L industry by support of new default-prevention techniques, development of improved regulations for mortgage instruments, participation in the futures market, and liberalization of investment powers by S&L service corporations. Exhibits. JF - Federal Home Loan Bank Board Journal AU - Beesley, H Brent AU - Verley, Gail L Y1 - 1982/06// PY - 1982 DA - Jun 1982 SP - 31 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 6 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Reserves KW - Functions KW - 9550:Public sector organizations KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402170?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Federal+Savings+and+Loan+Insurance+Corporation&rft.au=Beesley%2C+H+Brent%3BVerley%2C+Gail+L&rft.aulast=Beesley&rft.aufirst=H&rft.date=1982-06-01&rft.volume=15&rft.issue=6&rft.spage=31&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Federal Home Loan District Banks - Districts 10, 11, and 12 AN - 222401878; 00178823 AB - In the first year of its operation (1932), the Federal Home Loan Bank of Little Rock (Arkansas) gained 34 members and was the first of the 12 District Banks to make member advances. It has grown in size consistently, and it has helped its members deal with the many challenges that have faced the savings and loan industry. The Federal Home Loan Bank of San Francisco (California) serves members in Arizona, California, and Nevada, and is the largest of the District banks. It presently serves 207 associations with more than $140 billion in assets. Tremendous branching is taking place to keep up with the District's rapidly accelerating growth, which in turn has placed great demands on savings and loan associations in the area. The Federal Home Loan Bank of Seattle (Washington) serves Alaska, Oregon, Washington, Idaho, Montana, and Wyoming. Interstate branching is permitted in parts of its service area, and it has been a pioneer in the development of fixed-term, fixed-rate advances. It ranks fourth among the 12 districts, with assets approaching $5.5 billion. JF - Federal Home Loan Bank Board Journal AU - Settle, Joseph E AU - Feinerman, Milton AU - Faulstich, James R Y1 - 1982/06// PY - 1982 DA - Jun 1982 SP - 67 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 6 SN - 07370725 KW - Public Administration KW - History KW - Functions KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401878?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Federal+Home+Loan+District+Banks+-+Districts+10%2C+11%2C+and+12&rft.au=Settle%2C+Joseph+E%3BFeinerman%2C+Milton%3BFaulstich%2C+James+R&rft.aulast=Settle&rft.aufirst=Joseph&rft.date=1982-06-01&rft.volume=15&rft.issue=6&rft.spage=67&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Federal Home Loan District Banks - Districts 4, 5, and 6 AN - 222399574; 00178821 AB - The Federal Home Loan Bank of Winston-Salem (North Carolina) was established in 1932, but since 1971, it has changed location to become the Federal Home Loan Bank of Atlanta (Georgia). It has played a prominent role in providing homeownership throughout the Southeast, a goal which it will continue to pursue in the future. Due to the difficult economic times, membership declined from 671 in 1980 to 636 at the end of 1981, mostly due to mergers among some of its troubled members. The Federal Home Loan Bank of Cincinnati (Ohio) came into existence in 1932, serving the states of Ohio, Kentucky, and Tennessee; its first member was the Delta Loan Association Co. of Cincinnati. Advances to members flourished from the onset and continue to do so. Since the early 1970s, the Bank has made a concerted effort to extend its services to members, and on-line computer services began in 1972. It currently does processing of negotiable order of withdrawal (NOW) accounts. The Federal Home Loan Bank of Indianapolis (Indiana) serves Indiana and Michigan. In 1932, it had a membership of 79 associations, but that number has grown steadily with 240 by 1970. A computer operation has been in place since the mid-1970s, and its Member Relations Department markets Bank services to members. JF - Federal Home Loan Bank Board Journal AU - Kamp, Carl O, Jr AU - Thiemann, Charles Lee AU - Morphew, Ronald R Y1 - 1982/06// PY - 1982 DA - Jun 1982 SP - 51 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 6 SN - 07370725 KW - Public Administration KW - History KW - Functions KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399574?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Federal+Home+Loan+District+Banks+-+Districts+4%2C+5%2C+and+6&rft.au=Kamp%2C+Carl+O%2C+Jr%3BThiemann%2C+Charles+Lee%3BMorphew%2C+Ronald+R&rft.aulast=Kamp&rft.aufirst=Carl&rft.date=1982-06-01&rft.volume=15&rft.issue=6&rft.spage=51&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Correspondent Service Opportunities for Federal Savings and Loan Associations AN - 222465180; 00173894; 00228797 AB - On April 15, 1982, the Federal Home Loan Bank Board amended its regulations to facilitate correspondent activities of federally chartered savings and loan associations (S&Ls). The amendment permits a Federal association to establish account relationships with other thrift institutions. The new regulation is broad enough to permit innovative services designed to accommodate future needs of financial institutions. S&Ls that opt to become providers of correspondent services face stiff competition from established sources of such services. Some areas in which a federal association could capitalize on its special expertise through correspondent activities are: 1. negotiable order of withdrawal (NOW) account services, 2. data processing services, 3. management consulting and personnel services, 4. mortgage lending services, and 5. electronic funds transfer and other payment mechanisms. If Federal associations respond positively to their new authority by expanding into such services, it should prove beneficial to the entire industry. JF - Federal Home Loan Bank Board Journal AU - Schley, Michael D Y1 - 1982/05// PY - 1982 DA - May 1982 SP - 15 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 5 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulation KW - NOW accounts KW - Financial services KW - Federal KW - Correspondent banks KW - Savings & Loan Associations KW - Correspondent Banks KW - Amendments KW - 8100:Financial services industry KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465180?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Correspondent+Service+Opportunities+for+Federal+Savings+and+Loan+Associations&rft.au=Schley%2C+Michael+D&rft.aulast=Schley&rft.aufirst=Michael&rft.date=1982-05-01&rft.volume=15&rft.issue=5&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Negotiable Small Saver Retail Certificates AN - 222465116; 00173893; 00228821 AB - Savings and loans have faced an increasing problem in funding their long-term assets with short-term liabilities. In order to overcome this problem, a competitive medium-term certificate could be issued and subsequently traded at fair market value. Like Jumbo certificates, these instruments could be negotiable and could be purchased, packaged, and marketed by secondary market sources. Unlike the large denomination certificates, these instruments would be insured and would be owned primarily by individual depositors. The proposed certificates would be standardized and independent of the issuing institution. The negotiable small saver certificate of deposit (NCD) would provide depository institutions a rational competitive response to the money market funds and similar instruments. Any penalties for early withdrawal would be dictated by market conditions and not arbitrarily by regulatory fiat. JF - Federal Home Loan Bank Board Journal AU - Biederman, Kenneth AU - Jaffee, Dwight Y1 - 1982/05// PY - 1982 DA - May 1982 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 5 SN - 07370725 KW - Public Administration KW - Transferability KW - Savings & loan associations KW - Retail KW - Regulation KW - Insurance KW - Financial KW - Deposits KW - Certificates of deposit KW - Certificates KW - Small Saver Certificates Of Deposit KW - Negotiable Certificates Of Deposit KW - Certificates Of Deposit KW - Bank Deposits KW - 9190:US KW - 3000:Finance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465116?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Negotiable+Small+Saver+Retail+Certificates&rft.au=Biederman%2C+Kenneth%3BJaffee%2C+Dwight&rft.aulast=Biederman&rft.aufirst=Kenneth&rft.date=1982-05-01&rft.volume=15&rft.issue=5&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Reduced Rate/Increased Payment Loan Modification: Proceed with Caution AN - 222404019; 00173896 AB - One of the ways in which savings and loans are trying to improve the returns on their mortgage portfolios is the reduced rate/increased payment arrangement. A borrower receives a reduced interest rate and agrees to increase the amount of the monthly payment. The benefit to the lender is increased cash flows and a more rapid amortization of the existing low-rate loan. In order for this type of arrangement to remain attractive to the lender, the lender must reinvest the additional payments received at a rate which will offset the reduction in rate given to the borrower. Should the loan be restructured and the borrower decide to prepay the loan afterward, the lender may not be able to earn a sufficient return. The question of when an institution should enter into reduced rate/increased payment arrangements should be answered by effectively dealing with the potential problem of adverse selection by borrowers who intend to prepay their loans soon. JF - Federal Home Loan Bank Board Journal AU - Garrigan, Richard T AU - Timms, Ronald H Y1 - 1982/05// PY - 1982 DA - May 1982 SP - 25 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 5 SN - 07370725 KW - Public Administration KW - Reinvestment KW - Prepayments KW - Loans KW - Interest rates KW - 8100:Financial services industry KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404019?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Reduced+Rate%2FIncreased+Payment+Loan+Modification%3A+Proceed+with+Caution&rft.au=Garrigan%2C+Richard+T%3BTimms%2C+Ronald+H&rft.aulast=Garrigan&rft.aufirst=Richard&rft.date=1982-05-01&rft.volume=15&rft.issue=5&rft.spage=25&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Centremetro: Des Moines' Plan for Affordable Housing AN - 222403960; 00173891 AB - The Des Moines Housing Council, Inc. (Des Moines, Iowa) is notable in that it brings together city and county officials, neighborhood groups, the Chamber of Commerce, developers, financial institutions, and government officials. This unusual partnership has created the Centremetro program in which sewer and water cost subsidies, tax breaks, and low interest mortgages make housing available at 30% below the market price. The objectives of the program were to initiate innovative housing programs in depressed areas of the city, to encourage lending institutions to combat alleged red-lining, and to coordinate the many different programs dealing with housing problems. Centremetro has given confidence to the residents of the area, and many have been encouraged to start their own private rehabilitation projects. The project has proved that private enterprise with governmental cooperation can help solve the critical problem of providing new, modest income housing as a means of revitalizing inner-city areas. JF - Federal Home Loan Bank Board Journal AU - Crivaro, Pete Y1 - 1982/05// PY - 1982 DA - May 1982 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 5 SN - 07370725 KW - Public Administration KW - Mortgages KW - Housing rehabilitation KW - Housing KW - Financing KW - FHA mortgages KW - Iowa KW - 8370:Construction & related industries KW - 8100:Financial services industry KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403960?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Centremetro%3A+Des+Moines%27+Plan+for+Affordable+Housing&rft.au=Crivaro%2C+Pete&rft.aulast=Crivaro&rft.aufirst=Pete&rft.date=1982-05-01&rft.volume=15&rft.issue=5&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Iowa ER - TY - JOUR T1 - A Viable Merger Alternative for Savings and Loan Associations AN - 222403915; 00173892 AB - Rapid and dramatic change is a feature of the operating environment of the savings and loan (S&L) industry. There is some question about the survival of the smaller S&Ls. Many industry leaders predict that the end result of all the change will be fewer and larger associations. In a merger situation, many obstacles must be overcome. It is feasible to develop a model and operating policies and procedures which largely neutralize these obstacles. One such model is the Georgia Federal prototype used originally by Georgia Federal S&L. Under this model, many of the problems of merger are overcome by operating a merged association as a division of the parent company. Setting up a division relationship neutralizes the problems of: 1. the disappearing association, 2. name change, 3. the disappearing home office, 5. the disappearing chief executive officer, and 6. the disappearing board of directors. JF - Federal Home Loan Bank Board Journal AU - Trussell, Larry R AU - Coon, Clois Y1 - 1982/05// PY - 1982 DA - May 1982 SP - 5 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 5 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Management KW - Alternative KW - Acquisitions & mergers KW - 8100:Financial services industry KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403915?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=A+Viable+Merger+Alternative+for+Savings+and+Loan+Associations&rft.au=Trussell%2C+Larry+R%3BCoon%2C+Clois&rft.aulast=Trussell&rft.aufirst=Larry&rft.date=1982-05-01&rft.volume=15&rft.issue=5&rft.spage=5&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Secondary Mortgage Market Activity in the First Quarter of 1982 AN - 222402233; 00173895 AB - In the first quarter of 1982, activity in both the Federal National Mortgage Association (FNMA) and the Federal Home Loan Mortgage Corporation (FHLMC) was substantially reduced by rising interest rates. Mortgages offered for sale at these auctions declined as high interest rates limited originations in the primary market. New programs developed by both FNMA and FHLMC stimulated activity in non-traditional areas. These new programs are: 1. a swap program in which lenders exchanged below-market yield mortgages for mortgage-backed passthrough certificates, and 2. FNMA mortgage-backed securities in which the agency makes advance announcements of the coupon interest rates for which pool packages can be delivered. These new programs, combined with favorable regulatory accounting changes by the Bank Board, caused increases in issues of mortgage-backed passthrough securities. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia K Y1 - 1982/05// PY - 1982 DA - May 1982 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 5 SN - 07370725 KW - Public Administration KW - VA Mortgages KW - Mortgages KW - Government agencies KW - Freddie Mac KW - Financial services KW - Fannie Mae KW - FHA mortgages KW - 8100:Financial services industry KW - 9550:Public sector organizations KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402233?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Secondary+Mortgage+Market+Activity+in+the+First+Quarter+of+1982&rft.au=Olin%2C+Virginia+K&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1982-05-01&rft.volume=15&rft.issue=5&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Veterans Administration; Ginnie Mae; Federal Housing Administration; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Finance AN - 222465265; 00175159; 00124335 AB - The Office of Finance develops policies and coordinates financial activities with the 12 Federal Home Loan Banks, the Federal Savings & Loan Insurance Corp. (FSLIC), and other offices of the Federal Home Loan Bank Board. The Office also acts as the fiscal agent in marketing debt obligations. The Office is divided into 5 divisions: 1. The Financial Planning Division found in 1981 that more aggressive deposit programs could significantly increase balances and help meet the demand for consolidated obligations, and it altered the formula used to allocate consolidated debt. 2. The Debt Management Division, in order to fund ballooning System advances, raised a substantial amount of debt in 1981 ($41.303 billion), over 50% more than in 1980. 3. The Investment Division, as portfolio manager, dictated a strategy of short maturities to minimize risk, participated as customer in repurchase agreements with the Federal Reserve, and began trading when issued securities. 4. The Information Management Division designed and implemented an in-house Data Processing Center and maintained current automated systems and procedures. 5. Administrative Services assisted FSLIC in servicing securities acquired through receivership or assistance agreements. JF - Federal Home Loan Bank Board Journal AU - Myers, Charles G Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 57 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Financial planning KW - Debt management KW - 9550:Public sector organizations KW - 3100:Capital & debt management KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465265?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Finance&rft.au=Myers%2C+Charles+G&rft.aulast=Myers&rft.aufirst=Charles&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=57&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Internal Evaluation and Compliance Office AN - 222408811; 00175160; 00124336 AB - The Internal Evaluation and Compliance Office (IECO) provides members of the Federal Home Loan Bank Board and top management with independent professional audits and investigations of the Board and Federal Savings & Loan Insurance Corp. (FSLIC) activities, and when requested conducts internal audits and investigations for the Federal Home Loan Banks, the Office of Finance, and the Neighborhood Reinvestment Corp. The Investigation Division, which performs investigations designed to combat fraud and abuse, commenced operations in January 1981; this division has strong ties with a variety of law enforcement agencies. The Audit Division focuses on identifying opportunities for improved operations, achieving greater economy and efficiency, and reducing potential for waste and fraud. The IECO coordinated the services of certified public accounting firms, used its expertise on a variety of issues and special projects in 1981, and maintained its high professional standard through involvement in activities sponsored by professional organizations. The Office has planned a number of audits for 1982 which should improve the Board's ability to respond to industry needs. JF - Federal Home Loan Bank Board Journal AU - Gibbons, Paul F Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 61 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Internal auditing KW - Compliance KW - 9550:Public sector organizations KW - 9190:US KW - 4130:Auditing UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408811?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Internal+Evaluation+and+Compliance+Office&rft.au=Gibbons%2C+Paul+F&rft.aulast=Gibbons&rft.aufirst=Paul&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=61&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Federal Home Loan Bank Board/Office of the Chairman AN - 222408724; 00175151 AB - The Federal Home Loan Bank Board (FHLBB) is the Federal government's regulatory agency for all Federal savings and loan (S&L) associations and supervises the activities of the Federal Home Loan Bank System, the Federal Savings and Loan Insurance Corp. (FSLIC), and the Federal Home Loan Mortgage Corp. (FHLMC). The FHLBB is headed by a bipartisan Board of 3 members who are appointed by the President and confirmed by the Senate to serve full or unexpired portions of 4-year terms. Present Board members are Chairman Richard T. Pratt, Andrew A. DiPrete, and Jamie Jay Jackson. The thrift industry in the US is facing a severe financial crisis; the Board alone cannot solve the problems facing the S&L industry as both immediate and long-range solutions will require statutory action. Basic structural changes must be addressed, and Congress has begun to do so. The Board itself has authorized adjustable mortgage loans, expanded the types of financing vehicles available, extended thrifts' ability to hedge their interest rate risk, eliminated an arbitrary inhibition on efforts to upgrade portfolio yields, speeded the processing of mergers, acquisitions, and conversions, increased service corporation investment authority, facilitated the use of remote service units, and taken steps to deal with last year's large amount of supervisory activity. JF - Federal Home Loan Bank Board Journal AU - Pratt, Richard T Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 3 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Mortgages KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408724?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Federal+Home+Loan+Bank+Board%2FOffice+of+the+Chairman&rft.au=Pratt%2C+Richard+T&rft.aulast=Pratt&rft.aufirst=Richard&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=3&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Personnel Management Office/Office of Planning and Management Coordination/Office of Minority Affairs AN - 222408652; 00175161 AB - The Personnel Management Office in 1981 implemented all remaining personnel programs mandated by the Civil Service Reform Act of 1979 (CSRA) and began to evaluate, revise, and adjust systems previously instituted. The revised merit promotion plan was implemented, an examining unit for savings and loan examiners at certain levels was established, the Full Time Equivalency (FTE), a method of personnel ceiling accounting, was introduced, the Performance Appraisal System was implemented, and several training programs were established. The Planning and Management Coordination Office coordinates and conducts planning activities, monitors and reports on key operations and progress toward goals, conducts studies and prepares recommendations to improve management systems and organizational effectiveness, and coordinates responsibilities. The Office of Minority Affairs (OMA) placed its primary emphasis in 1981 on the development and submission of the agency's Multi-Year Affirmative Action Plan, equal employment opportunity training for supervisors and managers, and special emphasis programs. JF - Federal Home Loan Bank Board Journal AU - McGhee, Doris AU - Buckley, John M, Jr AU - King, Adean Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 65 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Planning KW - Human resource management KW - Employment practices KW - Affirmative action KW - 6100:Human resource planning KW - 9550:Public sector organizations KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408652?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Personnel+Management+Office%2FOffice+of+Planning+and+Management+Coordination%2FOffice+of+Minority+Affairs&rft.au=McGhee%2C+Doris%3BBuckley%2C+John+M%2C+Jr%3BKing%2C+Adean&rft.aulast=McGhee&rft.aufirst=Doris&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=65&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of General Counsel AN - 222404332; 00175155 AB - The Office of General Counsel (OGC) devoted major efforts in 1981 to the causes of deregulation and industry preservation. The Office also underwent a comprehensive reorganization and is now divided into 4 major operational groups: Policy & Corporate Structure, Operations and Administration, Federal Savings & Loan Insurance Corporation (FSLIC), and Legislative & Inter-Agency Affairs. One of OGC's major contributions in 1981 in the deregulation area came in the design and drafting of the Thrift Institutions Restructuring Act of 1981 (TIRA); this bill would greatly expand the range of allowable activities for savings and loans and clarify and streamline regulatory issues of supervision, conversions, and stock charters. The OGC also developed liberalizing rules which were adopted by the Federal Home Loan Bank Board. Industry preservation was spearheaded by 2 of the OGC's divisions, which provided the new legal framework for assistance to troubled associations; the FSLIC rendered the legal advice necessary to sustain 5 receiverships and aided in the development of legislation to encourage mergers and takeovers of failing institutions. The Litigation Division successfully asserted the Board's position that its regulations preempt state law on due-on-sale clauses. JF - Federal Home Loan Bank Board Journal AU - Vartanian, Thomas P Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 33 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulatory agencies KW - Deregulation KW - 9550:Public sector organizations KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404332?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+General+Counsel&rft.au=Vartanian%2C+Thomas+P&rft.aulast=Vartanian&rft.aufirst=Thomas&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=33&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Community Investment AN - 222404270; 00175158 AB - The Office of Community Investment (OCI) helps the savings and loan industry to adjust to changes in community investment tools and to the expanded role of Community Investment Officers (CIOs). The OCI has refined the operation of the Community Investment Fund (CIF) to achieve increased impact; over 1,260 Bank System members have used the CIF to join with their communities in programs designed both to halt blight and to increase housing opportunity to low- and moderate-income consumers. OCI coordinated the thrift industry's compliance with the Home Mortgage Disclosure Act and is spearheading the Federal Home Loan Bank Board's effort to identify ways in which pension plan funds can be used by the industry to increase community investment. OCI is also assisting in developing a legal opinion which will provide thrifts with clear guidance on mixed-use lending, and it continues to conduct extensive research on how urban enterprise zones could be used as a tool for community investment. OCI is working to insure that service corporations have the flexibility to pursue community investment, has published a booklet of how thrifts can become involved in co-op financing, makes presentations on community investment, and provides technical assistance to CIOs. JF - Federal Home Loan Bank Board Journal AU - Tucker, Richard Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 51 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Community development KW - Bank loans KW - 9550:Public sector organizations KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404270?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Community+Investment&rft.au=Tucker%2C+Richard&rft.aulast=Tucker&rft.aufirst=Richard&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=51&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Congressional Relations/Administration Office AN - 222404064; 00175163 AB - The Office of Congressional Relations (OCR), the formal link between Congress and the Federal Home Loan Bank Board (FHLBB), has had a very active year from both a legislative and regulatory standpoint. The Thrift Institutions Restructuring Act (TIRA), designed to provide thrifts with new authorities, was introduced in both the Senate and the House; further assistance was provided to thrifts through regulatory actions of the Board. The Office of Administration made a major effort in 1981 to increase the level of data processing support to field examinations, decrease the paperwork burden in the savings and loan industry, and improve the level of administrative services to the Board. Changes within the Controller's Division have increased effectiveness and cost-consciousness, and all branches of the Administrative Services Division have reviewed policies and procedures to achieve greater efficiency. The Information Systems Division expanded its program for providing timely information to FHLBB area examination offices, and the Budget Division made inroads in modifying procedures and reporting to satisfy requirements of the new Full-Time Equivalent (FTE) Personnel Ceiling Control System. JF - Federal Home Loan Bank Board Journal AU - Butler, John L AU - Petrocci, Richard L Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 81 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Services KW - Relations KW - Information systems KW - Administrative KW - 9550:Public sector organizations KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404064?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Congressional+Relations%2FAdministration+Office&rft.au=Butler%2C+John+L%3BPetrocci%2C+Richard+L&rft.aulast=Butler&rft.aufirst=John&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=81&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board; Congress N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-17 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Neighborhood Reinvestment/Neighborhood Reinvestment Corporation AN - 222403735; 00175162 AB - Self-help Neighborhood Housing Services (NHS) are private, locally controlled and financed non-profit corporations governed by a working partnership of residents, business and financial leaders, and representatives of local government. NHS programs are at work in 117 cities and have helped reverse neighborhood decline for the benefit of over one million residents. The Office of Neighborhood Reinvestment provides administrative support to the Neighborhood Reinvestment Corporation (NRC), whose role in developing the NHS partnership is essentially educational. The corporation brings together potential partnership members and helps them identify and organize resources for strengthening neighborhoods. Business and financial leaders are crucial to the success of NHS programs, and local government commits the funds needed to develop the NHS and provides an increased level of capital improvements and public amenities in the target neighborhood. The Neighborhood Housing Services of America Inc. (NHSA) created a national loan purchase pool and provides a secondary market. NHS expansion takes place both programmatically and geographically, and every effort is being made to help NHS programs to weather these challenging times and to continue evolving new effective strategies. JF - Federal Home Loan Bank Board Journal AU - Whiteside, William A Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 77 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Programs KW - Neighborhoods KW - Community development KW - 9550:Public sector organizations KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403735?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Neighborhood+Reinvestment%2FNeighborhood+Reinvestment+Corporation&rft.au=Whiteside%2C+William+A&rft.aulast=Whiteside&rft.aufirst=William&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=77&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of District Banks AN - 222402363; 00175152 AB - The Office of District Banks of the Federal Home Loan Bank System reviews and helps coordinate the operations of the 12 regional Federal Home Loan Banks (Banks). Strong advances demand resulted in heavy lending by the System for the 4th consecutive year; credit demands in 1981 were stronger in all areas, and lending was heavier throughout the System in 1980, although the amount of growth varied significantly among the 12 Banks. Advances policy emphasized aiding members in meeting needs for funds to cover net savings withdrawals and existing loan commitments. The System's 1981 net income totaled $534.8 million, and the cost of borrowing through consolidated obligations increased to record levels; funds to meet the record demand for advances were provided primarily from increases in consolidated obligations, up $16.9 billion, and member deposits, up $1.8 billion. The System's capital increased, and the dividend policy was revised. The implementation of NOW account services was a 1981 milestone; 10 of the 12 Banks offer NOW services directly to members, while another contracts out these services. JF - Federal Home Loan Bank Board Journal AU - Silkensen, James R Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 9 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Credit policy KW - Credit KW - Advances KW - 9550:Public sector organizations KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402363?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+District+Banks&rft.au=Silkensen%2C+James+R&rft.aulast=Silkensen&rft.aufirst=James&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=9&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-17 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Change in Savings and Loan Control Act of 1978/The Federal Savings and Loan Insurance Corporation AN - 222402312; 00175153 AB - The change in Savings and Loan Control Act of 1978, which became effective in March 1979, was intended to cover acquisitions of control of existing federally insured, stock financial institutions and holding companies primarily by individuals or groups of individuals. The statute requires that 60 days' written notice of intent to gain control be given to the Federal Savings and Loan Insurance Corporation (FSLIC) and that written notice and opportunity to comment or rebut be given to the target institution or holding company. The regulations, which exempted certain types of acquisitions and mergers, seem to have had less impact in the savings and loan (S&L) industry than in the commercial banking industry, and the FSLIC is seeking to simplify its regulations. The FSLIC has in 1981 made major improvements to policies, procedures, and regulations which will assist S&Ls in managing portfolios through increased use of financial futures and acquiring merger partners. The improvements will also assist the FSLIC in managing its complex default prevention activities, and include solutions for supervisory mergers, enhancement of financial computer models, development of a risk-sensitive insurance premium, and proposed guidelines for evaluating institutions' insurability. JF - Federal Home Loan Bank Board Journal AU - Beesley, H Brent Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 13 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Receivership KW - FIRA KW - Control KW - Acquisitions & mergers KW - 9140:Statistical data KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US KW - 4320:Legislation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402312?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Change+in+Savings+and+Loan+Control+Act+of+1978%2FThe+Federal+Savings+and+Loan+Insurance+Corporation&rft.au=Beesley%2C+H+Brent&rft.aulast=Beesley&rft.aufirst=H&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=13&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Examinations and Supervision AN - 222399853; 00175156 AB - The Office of Examinations and Supervision (OES) is responsible for examining and supervising all federal and state-chartered associations insured by the Federal Savings & Loan Insurance Corporation (FSLIC). The overall deteriorating financial condition of the savings and loan (S&L) industry in 1981 prompted the OES to significantly expand the number of associations monitored closely because of potential risk. OES uses on-site examinations and computer-based surveillance of association financial data. The latter was greatly improved in 1981 by installation of terminals in field offices which link those offices with the database in Washington. OES also continued the variable examination scheduling system for regular examinations. The Chief Accountant's Section substantially increased its workload and responsibilities in 1981, reviewing conversion applications and disclosure filings, improving the quality and reliability of audits of S&Ls, and updating published guidelines on the audit process. The Division of Consumer and Civil Rights focused its efforts on improving civil and consumer rights procedures followed by District Bank and OES staff. OES will continue to develop approaches which will improve the efficiency and effectiveness of the examination process. JF - Federal Home Loan Bank Board Journal AU - Croft, D James Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 37 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Regulation KW - Community Reinvestment Act 1977-US KW - Bank examinations KW - 9140:Statistical data KW - 9550:Public sector organizations KW - 8120:Retail banking services KW - 4310:Regulation KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399853?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Examinations+and+Supervision&rft.au=Croft%2C+D+James&rft.aulast=Croft&rft.aufirst=D&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=37&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Office of Industry Development AN - 222399724; 00175157 AB - The Office of Industry Development (OID) is responsible for developing programs to promote sound, competitive growth in the thrift industry and plays a key role in processing savings and loan (S&L) applications. In 1981 there was an unprecedented rise in S&L merger activity due to adverse economic conditions; there was also a sharp increase in branching activity and a continuation of the decline in the percentage of new mutual associations chartered in relation to new stock institutions. The record number of mergers filed in 1981 and expectations of an even greater number in 1982 prompted the Federal Home Loan Bank Board to simplify and streamline its merger application process; the OID participated in the development of several measures implemented last year to reduce regulatory and administrative requirements for mergers and to facilitate the decision-making process for applications. The OID was also involved in the development of a number of important regulatory amendments adopted in 1981 that eliminated restrictions on S&L operations, reduced paperwork, and streamlined the application process. OID's direction of the Board's Minority Association Assistance Program assisted the growth and financial soundness of minority-owned and managed associations. JF - Federal Home Loan Bank Board Journal AU - Hotaling, Richard J Y1 - 1982/04// PY - 1982 DA - Apr 1982 SP - 43 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 4 SN - 07370725 KW - Public Administration KW - Statistical data KW - States KW - Savings & loan associations KW - Denials KW - Branch banking KW - Applications KW - Acquisitions & mergers KW - 9140:Statistical data KW - 9550:Public sector organizations KW - 8120:Retail banking services KW - 9190:US KW - 4320:Legislation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399724?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Office+of+Industry+Development&rft.au=Hotaling%2C+Richard+J&rft.aulast=Hotaling&rft.aufirst=Richard&rft.date=1982-04-01&rft.volume=15&rft.issue=4&rft.spage=43&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Pointing the Way to the Right Index: An Approach for ARMs and AMLs AN - 222465324; 00169143 AB - Much of the attention that has been paid to the adjustable mortgage loans (AMLs) and adjustable rate mortgages (ARMs) has been directed toward the index to use with them. The needs of 3 groups must be satisfied by the index chosen: 1. the investor who seeks competitive investment return, 2. the portfolio lender who has a need for spread, and 3. the borrowers who simply need the ability to obtain a mortgage at an affordable cost, without unnecessary risk. Investors are likely to prefer an index tied to intermediate Treasury issues, while portfolio lenders will probably opt for the Average Cost of Funds (ACF) index, and borrowers will look toward the renegotiable rate mortgage (RRM) index. The criteria for an index should include: 1. independence, 2. relation to the investment alternatives of investors, 3. relative insulation from external influences, such as tax policy, credit premiums, or geographical disruption, 4. permanence, 5. reflection of the mortgage market, 6. low volatility, and 7. acceptability to investors. To the extent that an inflation factor, an investment return factor, a risk premium, and a contract obligation premium are reflected in the index, they do not have to be considered in the point spread between the index and the origination rate. JF - Federal Home Loan Bank Board Journal AU - Reichelt, Fred H Y1 - 1982/03// PY - 1982 DA - Mar 1982 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 3 SN - 07370725 KW - Public Administration KW - Mortgages KW - Investments KW - Interest rates KW - Indexes KW - Home loans KW - Decision making KW - Criteria KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465324?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Pointing+the+Way+to+the+Right+Index%3A+An+Approach+for+ARMs+and+AMLs&rft.au=Reichelt%2C+Fred+H&rft.aulast=Reichelt&rft.aufirst=Fred&rft.date=1982-03-01&rft.volume=15&rft.issue=3&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds: Fourth Quarter 1981 AN - 222408883; 00169148; 00124333 AB - During the last quarter of 1981, deposit flow at savings and loan associations (S & Ls) improved due to the introduction of the tax-exempt All Savers Certificate (ASC). Mortgage lending declined more than seasonally during the fourth quarter, to the lowest level since the trough in the mid-1970s, in spite of an increase in activity in December. S & Ls slowed the pace of borrowing and significantly increased holdings of liquid assets during the quarter; these developments were primarily due to the improved deposit flow. Balances in 21/2-year, variable ceiling certificates (VCCs) increased, as did balances in large denomination certificates of deposit (CDs) and transaction account balances. Money market certificate (MMC) balances fell $20.6 billion, substantially more than the $1 billion decline during the third quarter; regular passbook account balances declined, as did balances in old fixed-rate certificates and new mortgage commitments (down 3.6% to $11.4 billion in the fourth quarter). Except for multi-family units and other improved real estate, every property classification posted a decline in lending volume. Gross purchases of mortgages increased, as did gross sales. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia K Y1 - 1982/03// PY - 1982 DA - Mar 1982 SP - 23 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 3 SN - 07370725 KW - Public Administration KW - Tax free KW - Statistical data KW - Savings & loan associations KW - Mortgages KW - Funds statements KW - Certificates of deposit KW - Bank loans KW - Bank liquidity KW - Bank liabilities KW - Bank deposits KW - Bank assets KW - 8120:Retail banking services KW - 4100:Accounting KW - 4200:Taxation KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408883?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds%3A+Fourth+Quarter+1981&rft.au=Olin%2C+Virginia+K&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1982-03-01&rft.volume=15&rft.issue=3&rft.spage=23&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Crimes Against S&Ls Decrease Slightly During First Half of 1981 AN - 222404166; 00169147 AB - Crimes against savings and loan associations (S & Ls) decreased very slightly (from 1,072 in 1980's last 6 months to 1,068) in the first 6 months of 1981. Crimes against all financial institutions declined 5.28% over the same period. Commercial-bank crimes dropped 8.2%, mutual-savings-bank crimes fell 5.3%, but credit-union (CU) crimes rose 19.7%, from 91 to 109. The 3,748 criminal offenses against financial institutions were: 1. robberies, down to 3,391 from 3,526, 2. burglaries, down to 254 from 266, and 3. larcenies, down to 103 from 165. California had the highest total of crimes and led all states in robberies and burglaries, while Kentucky had the greatest percentage increase (88.2%) in total crimes. Perpetrators took loot in 88.6% of all violations, amounting to $34.0 million, of which $5.6 million has been recovered to date. Violence occurred 245 times during 1981's first half, up from 226 in the previous half-year; as a result of that violence, 19 persons died, 128 were injured, and 45 were taken hostage. Branch offices were the most common target. Hobbs Act violations increased by 4 to 122 in 1981's first half, and FBI investigations into fraud and embezzlement totaled 5,503, up from the previous half-year and year-ago totals of 4,763, and 5,174, respectively. JF - Federal Home Loan Bank Board Journal AU - Daniels, Peggy W Y1 - 1982/03// PY - 1982 DA - Mar 1982 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 3 SN - 07370725 KW - Public Administration KW - Violence KW - Theft KW - Statistical data KW - States KW - Savings & loan associations KW - Larceny KW - Financial institutions KW - Crime KW - Burglary KW - 5100:Facilities management KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404166?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Crimes+Against+S%26amp%3BLs+Decrease+Slightly+During+First+Half+of+1981&rft.au=Daniels%2C+Peggy+W&rft.aulast=Daniels&rft.aufirst=Peggy&rft.date=1982-03-01&rft.volume=15&rft.issue=3&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Wagon Boss of Great Falls: An NHS Success Story AN - 222404116; 00169144 AB - Every Neighborhood Housing Services (NHS) program needs a solid board of directors or a Wagon Boss to ensure that today's housing stock is available and usable by tomorrow's home seekers. The NHS program is controlled by a local, non-profit corporation, which seeks to improve housing, upgrade public amenities, and increase capital investments for improvements in selected neighborhoods. An NHS program was begun in Great Falls, Montana, a city of 62,000, to rehabilitate the original town site and thereby provide young marrieds and low-income individuals with sound living quarters. The banks, credit unions (CUs), savings and loan associations (S & Ls), Board of Realtors, title companies, and utilities furnished the necessary capital. In 18 months of operation, 37 loans-totaling $279,223-have been approved and the NHS has been the catalyst for an investment of over $2.5 million by the residents, lenders, and city government, for use in the original town site area. Although there have been numerous problems and obstacles, the Great Falls NHS has been the city's most successful and tangible force within decades to deal with neighborhood revitalization. The Wagon Boss-the Board of Directors-has won the confidence and trust of disparate local groups and has made a substantial contribution to the community. JF - Federal Home Loan Bank Board Journal AU - Wirth, Raymond L Y1 - 1982/03// PY - 1982 DA - Mar 1982 SP - 6 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 3 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Programs KW - Neighborhoods KW - Housing rehabilitation KW - Case studies KW - Bank loans KW - Montana KW - 9110:Company specific/case studies KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404116?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Wagon+Boss+of+Great+Falls%3A+An+NHS+Success+Story&rft.au=Wirth%2C+Raymond+L&rft.aulast=Wirth&rft.aufirst=Raymond&rft.date=1982-03-01&rft.volume=15&rft.issue=3&rft.spage=6&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Montana ER - TY - JOUR T1 - Economics of Due-on-Sale AN - 222403875; 00169146 AB - The requirement that the principal balance of a mortgage loan be repaid upon the sale of the security property (the due-on-sale clause) is a traditional element of mortgage loan contracts, but it has recently been challenged in the courts, with some success. Restricting due-on-sale provisions extends mortgage lives and has 2 implications: 1. Voiding due-on-sale clauses in existing mortgages transfers income from the lender to the homeseller and buyer. 2. Prohibiting due-on-sale provisions in new mortgages raises the cost and limits the availability of fixed-rate long-term loans. Because a due-on-sale prohibition slows the rate of mortgage prepayment, it restricts the income that thrifts can earn from reinvestment of low-yield mortgages. State due-on-sale restrictions could become binding on federally chartered associations in California, if initial court rulings are upheld in the Supreme Court; ultimately, all federally chartered associations could become subject to such restrictions. With due-on-sale restrictions, Federal associations are projected to lose $400 million by 1983, instead of earning a projected $200 million. Failure to enforce due-on-sale clauses adds to the earnings problems of associations, and will increase costs to the insurance funds and, potentially, to the Federal budget. JF - Federal Home Loan Bank Board Journal AU - Ozanne, Larry AU - Winger, Alan Y1 - 1982/03// PY - 1982 DA - Mar 1982 SP - 16 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 3 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Restrictions KW - Repayments KW - Mortgages KW - Home loans KW - Enforcement KW - Court decisions KW - Clauses KW - California KW - 8120:Retail banking services KW - 9190:US KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403875?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Economics+of+Due-on-Sale&rft.au=Ozanne%2C+Larry%3BWinger%2C+Alan&rft.aulast=Ozanne&rft.aufirst=Larry&rft.date=1982-03-01&rft.volume=15&rft.issue=3&rft.spage=16&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - California ER - TY - JOUR T1 - New Investment Products: How to Market Them Through Your Branches at a Profit AN - 222403816; 00169145 AB - Government has recognized the need to create real and psychological incentives for an increased savings and investment rate. This potential increase in savings creates a marketing challenge. Savings and loan associations (S & Ls) have always been a superb market for the household capital pool, but competition is coming, primarily from the securities industry. S & Ls do have 2 immense and hard-earned advantages in competing for household discretionary income: 1. a branch structure already in place, and 2. the trust of households. New products which could be offered include ones which the S & L itself originates, such as participation in S & L portfolio loans, common stock, and limited partnerships or real estate investment trusts (REITs) for equity participation. Marketing an investment does carry some extra responsibilities, such as legal compliance and qualification of prospects for investments, and S & Ls must face the complicated legal issues of offering various forms of investment or being closed out of the household capital market altogether. Marketing a new investment program will also mean changes in the management structure; one individual must be assigned as project coordinator and training must be provided for a number of personnel. JF - Federal Home Loan Bank Board Journal AU - Field, Andrew H AU - Field, Carol Y1 - 1982/03// PY - 1982 DA - Mar 1982 SP - 13 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 3 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Investments KW - Financial services KW - Competition KW - Bank marketing KW - 8120:Retail banking services KW - 7000:Marketing KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403816?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=New+Investment+Products%3A+How+to+Market+Them+Through+Your+Branches+at+a+Profit&rft.au=Field%2C+Andrew+H%3BField%2C+Carol&rft.aulast=Field&rft.aufirst=Andrew&rft.date=1982-03-01&rft.volume=15&rft.issue=3&rft.spage=13&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Trust Powers for S&Ls: A New Source of Earnings for Thrifts? AN - 222465394; 00168258 AB - Bank Board regulation and the 1980 Monetary Control Act allow savings and loan associations (S & Ls) to offer trust services to depositors. Commercial bank experience indicates the success of a trust department may depend on the size and respect of the financial institution, the type of services offered, and the reputation of the department. Trust department costs generally exceed fee and commission income, although large institutions may benefit from economies of scale. Analysis of returns from trust activities at existing institutions indicates that: 1. Personal trust and executorship of estates may be profitable to S & Ls regardless of deposit size. 2. Ability to offer other trust services requires legal and investment services generally found only in larger institutions. 3. S & Ls may be able to differentiate their services by concentrating on personal testamentary trust and agency account business, both of which incur relatively modest costs. The trust operation should exlude any aspect of investment advisory capabilities; those services could be purchased until the quantity of business justified an internal department. JF - Federal Home Loan Bank Board Journal AU - Thompson, A Frank, Jr AU - Glasgo, Philip W AU - Riley, Owen F Y1 - 1982/02// PY - 1982 DA - Feb 1982 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 2 SN - 07370725 KW - Public Administration KW - Trusts KW - Trust departments KW - Statistical data KW - Services KW - Savings & loan associations KW - Financial services KW - Earnings KW - Deposits KW - 8120:Retail banking services KW - 8130:Investment services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222465394?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Trust+Powers+for+S%26amp%3BLs%3A+A+New+Source+of+Earnings+for+Thrifts%3F&rft.au=Thompson%2C+A+Frank%2C+Jr%3BGlasgo%2C+Philip+W%3BRiley%2C+Owen+F&rft.aulast=Thompson&rft.aufirst=A&rft.date=1982-02-01&rft.volume=15&rft.issue=2&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Changes in S&L Deposit Account Structure: April 1981-September 1981 AN - 222404502; 00168263 AB - During the 6 months ending September 30, 1981, deposit balances at savings and loan associations (S & Ls) declined, reflecting competition from higher-yielding money market funds and debt instruments, as well as the temporary transfer of funds into non-deposit retail purchase agreements at associations. Deposit growth was concentrated in market-related accounts, with the composition of deposit flows determined by relative yields among accounts. This contributed to an increase in the average state deposit rate, as did the removal of the 12% ''cap'' on 21/2-year variable ceiling accounts. During the same period, savings balances at federally insured associations declined by $4 billion, the first semi-annual decline in balances on record. The average rate paid on all types of savings accounts combined was 11.65% on September 30, a 125 basis point increase from March 31. Balances in 21/2-year or longer variable ceiling and large denomination certificate accounts increased, as did money market certificate and transaction account balances. All other account types continued to register declines in balances. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1982/02// PY - 1982 DA - Feb 1982 SP - 24 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 2 SN - 07370725 KW - Public Administration KW - Structure KW - Statistical data KW - Savings accounts KW - Savings & loan associations KW - Money market certificates KW - Keogh plans KW - Interest rates KW - Individual retirement accounts KW - Deposits KW - Deposit accounts KW - Certificates of deposit KW - 8120:Retail banking services KW - 6400:Employee benefits & compensation KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404502?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Changes+in+S%26amp%3BL+Deposit+Account+Structure%3A+April+1981-September+1981&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1982-02-01&rft.volume=15&rft.issue=2&rft.spage=24&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The New Measure of Consumer Inflation AN - 222404454; 00168261 AB - The Bureau of Labor Statistics (BLS) has notified the users of the Consumer Price Index (CPI) of its plans to alter the homeownership component of the index to a rental equivalence measure. The Bureau gave 3 main reasons for the changes: 1. changes in the financial markets-funds available for long-term mortgage commitments have declined sharply and financing arrangements by homeowners are not captured in the CPI data; 2. a decrease in the availability of price and mortgage data; 3. the requirement of the Economic Recovery Tax Act of 1981 to use the CPI for All Urban Consumers (CPI-U) for escalation of income tax brackets and the personal exemption amount, so that the CPI reflects the experience of consumers to the fullest extent possible. Overall the BLS estimates that the weight of the homeownership component of the CPI will fall from the current 25% level to approximately 14% under rental equivalency while all other component weights will rise about 14%. This will lessen the effect of changes in the homeownership component on the overall CPI. JF - Federal Home Loan Bank Board Journal AU - Chamberlain, Charlotte A AU - Whatley, Stephen A Y1 - 1982/02// PY - 1982 DA - Feb 1982 SP - 15 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 2 SN - 07370725 KW - Public Administration KW - Housing KW - Homes KW - Consumer Price Index KW - Changes KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404454?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+New+Measure+of+Consumer+Inflation&rft.au=Chamberlain%2C+Charlotte+A%3BWhatley%2C+Stephen+A&rft.aulast=Chamberlain&rft.aufirst=Charlotte&rft.date=1982-02-01&rft.volume=15&rft.issue=2&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Future Management of the Savings and Loan Industry: A New Breed AN - 222404387; 00168259 AB - Improving the competitive posture of the savings and loan associations (S & Ls) in the current environment can be accomplished only if the management of S & Ls becomes a ''new breed''. In the future, the acquisition, allocation, and utilization of human and non-human resources to make a profit, as well as to provide necessary products and services, will necessitate an educated, active, and aggressive management style. Depository institutions must change from a philosophy of waiting for customers to a philosophy of going out and meeting the customer. The ''new breed'' of managers will be persons who understand the general workings of a business, possess excellent communications skills, and who know and are able to use basic marketing tools, such as the packaging and pricing of various services. Competitive pressures will reinstate and reinforce the profit-maximizing philosophy of management, so managers will have to possess a working knowledge of the fundamental principles of accounting and finance, as well as an understanding of risk and portfolio management concepts and the relationship between risk and return. The industry must obtain and adequately compensate the highest caliber of professional employees who are willing and able to meet the challenges. JF - Federal Home Loan Bank Board Journal AU - White, Larry R Y1 - 1982/02// PY - 1982 DA - Feb 1982 SP - 7 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 2 SN - 07370725 KW - Public Administration KW - Trends KW - Savings & loan associations KW - Predictions KW - Competition KW - Changes KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404387?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Future+Management+of+the+Savings+and+Loan+Industry%3A+A+New+Breed&rft.au=White%2C+Larry+R&rft.aulast=White&rft.aufirst=Larry&rft.date=1982-02-01&rft.volume=15&rft.issue=2&rft.spage=7&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Controlling Profit Volatility: Hedging with GNMA Options AN - 222404006; 00168260 AB - The Chicago Board Options Exchange (CBOE) will soon open an options market in Government National Mortgage Association (GNMA) securities, and although final regulations on savings and loan association (S & L) participation in the options market have not been passed, S & Ls need to be aware of the opportunities. An option is an agreement which gives the holder the right to buy or sell specified securities upon exercise, anytime prior to a predetermined expiration date, at a fixed price. ''Puts'' are options to sell securities and ''calls'' are options to buy. Market participants may take 4 basic positions: long puts, long calls, short puts, and short calls. Long positions in the options market are a more logical focus of S & L activity than short positions, since S & Ls will be using the market to hedge positions and anticipated transactions in which the association is exposed to interest rate risk because of discretionary contract terms granted to the other party. Most S & L hedging will involve cross hedging-using a contract on a given underlying security to hedge a position or transaction in some other type of asset. Options and futures are complementary strategies that can be used together to hedge an association's profit volatility. The basic principal should be to use the least costly method of interest rate risk transfer. JF - Federal Home Loan Bank Board Journal AU - Hartzog, Jerry Y1 - 1982/02// PY - 1982 DA - Feb 1982 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 2 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Put & call options KW - Options KW - Hedging KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404006?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Controlling+Profit+Volatility%3A+Hedging+with+GNMA+Options&rft.au=Hartzog%2C+Jerry&rft.aulast=Hartzog&rft.aufirst=Jerry&rft.date=1982-02-01&rft.volume=15&rft.issue=2&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Ginnie Mae N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Secondary Mortgage Market Activity in the Fourth Quarter of 1981 AN - 222403943; 00168262 AB - Activity in the secondary mortgage market was not stimulated by lower interest rates in the fourth quarter of 1981. The volume of offerings at the Federal National Mortgage Association (FNMA) and the Federal Home Loan Mortgage Corporation (FHLMC) auctions dropped in spite of the decreased yields at both auctions. The ''No Cap'' auction has shown more activity than the ''2 percent'' cap auction. In the third quarter, for which the most recent data on mortgage loan purchases and sales by major lender groups was available, total loan purchases increased 3.3% above the second quarter but were 20% below the same quarter in 1980. This decline reflected the impact of record high interest rates in 1981 on purchase activity by mortgage pools. Lower fourth quarter interest rates stimulated new issues of mortgage-backed passthrough certificates by private institutions, and new issues of the Government National Mortgage Association (GNMA) were the only such certificates to decline. Two major developments occurred in the fourth quarter: 1. The FHLMC held its first auction under its guarantor program. 2. The FNMA held a special auction on December 1 to purchase low-coupon loans at a discount. The FNMA also began purchasing second mortgages. JF - Federal Home Loan Bank Board Journal AU - Olin, Virginia Y1 - 1982/02// PY - 1982 DA - Feb 1982 SP - 18 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 2 SN - 07370725 KW - Public Administration KW - Yield KW - VA Mortgages KW - Statistical data KW - Secondary markets KW - Mortgages KW - Fannie Mae KW - FHA mortgages KW - Business conditions KW - 8120:Retail banking services KW - 9190:US KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403943?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Secondary+Mortgage+Market+Activity+in+the+Fourth+Quarter+of+1981&rft.au=Olin%2C+Virginia&rft.aulast=Olin&rft.aufirst=Virginia&rft.date=1982-02-01&rft.volume=15&rft.issue=2&rft.spage=18&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Ginnie Mae N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Improving the Examination Process AN - 222409034; 00164040; 00124330 AB - The Bank Board's Office of Examinations and Supervision (OES) has as its primary responsibility the examination of all Federal Savings and Loan Insurance Corporation (FSLIC) insured institutions and their affiliates, subsidiaries, service corporations, and holding companies. The examination process has evolved over the years from a basic audit function (now delegated to independent firms) to an in-depth review of an institution's financial condition. Guidelines for examinations, which are carried out by a field staff of approximately 800, are periodically reevaluated, updated, and improved. OES now employs a computer-generated financial information system. Examiners today have more flexibility in deciding which procedures to use in the examination process. Powers are being expanded to cope with new financial activities. OES has also initiated a program of inter-District reviews, while the length of examiner reports has been considerably abbreviated. JF - Federal Home Loan Bank Board Journal AU - Kristufek, James A Y1 - 1982/01// PY - 1982 DA - Jan 1982 SP - 13 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 1 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Procedures KW - Bank examinations KW - Audits KW - 8120:Retail banking services KW - 9190:US KW - 4100:Accounting UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222409034?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Improving+the+Examination+Process&rft.au=Kristufek%2C+James+A&rft.aulast=Kristufek&rft.aufirst=James&rft.date=1982-01-01&rft.volume=15&rft.issue=1&rft.spage=13&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Eleventh Annual Thrift Outlook Conference AN - 222408974; 00164042 AB - At the Federal Home Loan Bank System's Eleventh Annual Thrift Outlook Conference in December 1981, it was predicted that in the near future, savings and loan (S & L) profits will depend on interest rates. However, beyond the short term, S & Ls must build portfolios which are sufficiently diversified to withstand the ravages of interest rate fluctuation. It was generally agreed that interest rates would continue to decline from present levels in the same erratic fashion which has predominated in recent years. Conferees felt it important that S & Ls become more innovative in the adoption of new asset powers. It was thought that thrifts can remain viable mortgage lenders only if the range of their asset powers is expanded, and their profitability simultaneously insulated from the effects of volatile interest rates. JF - Federal Home Loan Bank Board Journal AU - Chamberlain, Charlotte A AU - Roberson, Hilda Y1 - 1982/01// PY - 1982 DA - Jan 1982 SP - 23 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 1 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Predictions KW - Economic conditions KW - 8120:Retail banking services KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222408974?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Eleventh+Annual+Thrift+Outlook+Conference&rft.au=Chamberlain%2C+Charlotte+A%3BRoberson%2C+Hilda&rft.aulast=Chamberlain&rft.aufirst=Charlotte&rft.date=1982-01-01&rft.volume=15&rft.issue=1&rft.spage=23&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - DIDMCA and the Savings and Loan Industry: Evidence from a Survey AN - 222404290; 00164038 AB - Many analysts believe the Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA) is the most important piece of banking legislation since the 1930s. This act will significantly broaden the entire financial system, but its impact will be most noticeable on the thrift institutions, especially savings and loan associations (S & Ls). A nationwide survey was conducted among a size-stratified random sample of S & Ls in mid-1981 to determine the effect of the DIDMCA on their activities. Among effects evaluated in the survey were effects on: 1. growth of deposits, 2. competitive position of the institution, 3. portfolio composition, 4. revenues, expenses, and profitability, 5. average maturity of assets and liabilities, and 6. availability of single-family, multi-family, and construction loans. Responses indicate the DIDMCA will have a profound effect on S & L behavior. However, it is cautioned that the survey was taken during a period of near-record interest rates. JF - Federal Home Loan Bank Board Journal AU - Fraser, Donald R Y1 - 1982/01// PY - 1982 DA - Jan 1982 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 1 SN - 07370725 KW - Public Administration KW - Surveys KW - Savings & loan associations KW - Revenue KW - Profitability KW - NOW accounts KW - Maturity KW - Liabilities KW - Growth KW - Depository Institutions Deregulation & Monetary Control Act 1980-US KW - Costs KW - Competition KW - Assets KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404290?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=DIDMCA+and+the+Savings+and+Loan+Industry%3A+Evidence+from+a+Survey&rft.au=Fraser%2C+Donald+R&rft.aulast=Fraser&rft.aufirst=Donald&rft.date=1982-01-01&rft.volume=15&rft.issue=1&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Synthetic assets in liquidity management AN - 222404232; 00233715 AB - The Federal Home Loan Bank Board has recently amended its regulations to allow savings and loan associations to use synthetic assets to satisfy liquidity requirements. A synthetic asset or a synthetic liability is an instrument whose maturity is altered by a separate agreement or an embedded provision. For example, the maturity of an asset can be shortened with: short futures; firm forward contract to sell; long put and short call options; and coupon adjustment (floating rate). The objective of these changes is to "create a better combination of risk and return than is currently available in cash market instruments." JF - Federal Home Loan Bank Board Journal AU - Hartzog, Jerry AU - Director AU - Office of Policy and Economic Research, FHLBB Y1 - 1982 PY - 1982 DA - 1982 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board SN - 07370725 KW - Public Administration KW - Savings & Loan Associations KW - Liquidity KW - Banking Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404232?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Synthetic+assets+in+liquidity+management&rft.au=Hartzog%2C+Jerry%3BDirector%3BOffice+of+Policy+and+Economic+Research%2C+FHLBB&rft.aulast=Hartzog&rft.aufirst=Jerry&rft.date=1982-01-01&rft.volume=&rft.issue=&rft.spage=NA&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Fhlbb N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board 1982 N1 - Last updated - 2014-05-16 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - A Borrower's Guide to Alternate Mortgage Instruments AN - 222404059; 00164041 AB - In response to record interest rates and a depressed housing market, a host of new mortgage types has appeared since 1976. While the idea of a choice is appealing, the many options inherent in these new mortgage forms often force borrowers to weigh the trade-offs involved in selecting a plan. The new mortgages have been designed with 6 basic characteristics in mind: 1. yield flexibility, 2. constant real payments, 3. payment stability, 4. full security, 5. servicing simplicity, and 6. marketability. Adjustable mortgages have an interest rate that will vary according to a pre-selected index. Graduated payment mortgages have a fixed interest rate, but the payments increase with earning capacity. A balloon mortgage is any mortgage that has not been fully paid off by the maturity of the loan. A shared appreciation mortgage is a mortgage loan in which the borrower agrees to share the property's appreciation with the lender in exchange for a lower interest rate. The price level adjusted mortgage is indexed to account for actual inflation. A wraparound mortgage is a new technique for loan assumption, by which a homebuyer can assume a low interest rate mortgage from the seller. JF - Federal Home Loan Bank Board Journal AU - McKenzie, Joseph A Y1 - 1982/01// PY - 1982 DA - Jan 1982 SP - 16 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 1 SN - 07370725 KW - Public Administration KW - Variable interest rates KW - Shared KW - Payments KW - Mortgages KW - Inflation KW - Graduated KW - Alternative KW - 8120:Retail banking services KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222404059?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=A+Borrower%27s+Guide+to+Alternate+Mortgage+Instruments&rft.au=McKenzie%2C+Joseph+A&rft.aulast=McKenzie&rft.aufirst=Joseph&rft.date=1982-01-01&rft.volume=15&rft.issue=1&rft.spage=16&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1982 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Freedom of Information Act: What It Is and How It Affects the Bank Board AN - 222399977; 00164039 AB - The Freedom of Information Act (FIA) became effective in mid-1967. Its premise is that all government documents are publicly available unless the record in question falls within the parameters of one of 9 exempt categories. Five of those categories may be released at the discretion of the agency involved. Over the past 14 years, courts have often limited the exemptions and required disclosure. However, the (b)(8) exemption, which is available only to financial regulatory agencies, has never been limited by judicial decision. The existing act has not had a significant impact on the Bank Board, nor is the bill pending in Congress expected to affect the Board. The proposed act deals with 6 problem areas: 1. invasion of personal privacy, 2. use as a substitute for discovery, 3. faster responses to media and public interest groups, 4. opportunity to object to releases, 5. increased collection of fees, and 6. exemption for legal settlements and technical data. JF - Federal Home Loan Bank Board Journal AU - Van Lenten, William L Y1 - 1982/01// PY - 1982 DA - Jan 1982 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 15 IS - 1 SN - 07370725 KW - Public Administration KW - Information KW - Freedom of information KW - Federal legislation KW - Disclosure KW - 9190:US KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399977?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Freedom+of+Information+Act%3A+What+It+Is+and+How+It+Affects+the+Bank+Board&rft.au=Van+Lenten%2C+William+L&rft.aulast=Van+Lenten&rft.aufirst=William&rft.date=1982-01-01&rft.volume=15&rft.issue=1&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1982 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Financial Futures Workshop AN - 222399928; 00233824 AB - During a financial futures workshop, seminar leaders discussed their views on speculation and hedging. Stephen Smith, senior vice president of the Federal Home Loan Bank of Seattle explained how hedging reduced risk while speculation increased it. He outlined three general hedging options: 1) selling long-term assets and buying short-term assets; 2) increasing long-term liabilities and decreasing short-term liabilities; and, 3) increasing total assets with matched assets and liabilities. John Hippler, vice president of First Federal Savings explained important hedging concepts: 1) hedging is like paying someone else to assume risk; 2) hedging does not require precise interest rate forecasts by management; and 3) hedging is an ongoing process. JF - Federal Home Loan Bank Board Journal AU - Gaudinier, Laurin AU - Hogan, Sandra AU - Hanses, Susan Y1 - 1982 PY - 1982 DA - 1982 SP - 39 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 16 IS - 7 SN - 07370725 KW - Public Administration KW - Smith, Stephen KW - Hippler, Jon KW - Hedging KW - Futures KW - Faulstich, James KW - Farrel, Linda KW - Alhadeff,jack KW - US KW - Washington KW - Pacific UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399928?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Financial+Futures+Workshop&rft.au=Gaudinier%2C+Laurin%3BHogan%2C+Sandra%3BHanses%2C+Susan&rft.aulast=Gaudinier&rft.aufirst=Laurin&rft.date=1982-01-01&rft.volume=16&rft.issue=7&rft.spage=39&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board 1982 N1 - Last updated - 2014-05-16 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Washington; US; Pacific ER - TY - JOUR T1 - Sources and Uses of Funds: Third Quarter 1981 AN - 222463338; 00163684 AB - Deposit outflows from savings and loan associations (S & Ls) continued in the third quarter. The outflows were caused by: 1. increased competition from alternative investments resulting from high market interest rates, and 2. a further shift in funds from deposit accounts into non-deposit retail repurchase agreements. Net new savings receipts were negative for the third consecutive quarter, which more than offset interest credited to accounts for the second straight 3-month period. Mortgage lending at S & Ls declined. S & Ls slowed their secondary market activity counter-seasonally, with purchases dropping at twice the rate of sales. Commissions for future mortgage lending were steadily reduced, and more than seasonally. S & Ls continued to reduce their holdings of liquid assets. During the third quarter, net borrowings of associations amounted to a record $12.4 billion. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1981/12// PY - 1981 DA - Dec 1981 SP - 24 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 12 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Mortgages KW - Business conditions KW - Bank deposits KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463338?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds%3A+Third+Quarter+1981&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1981-12-01&rft.volume=14&rft.issue=12&rft.spage=24&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Strategies for Assisting the Thrift Industry to Creatively Cope with the Rapidly Changing Financial Environment AN - 222407270; 00163680 AB - The Federal Home Loan Bank Board (FHLBB) is pursuing 4 major strategies to help the savings and loan industry (SLI) cope with the changing financial climate. The first, which is to provide the SLI with the ability to compete in all phases of financial and economic cycles and to become strong and profitable, is being accomplished through legislation to deregulate the SLI. Second, other actions will allow the SLI to take advantage of America's market mechanisms to provide solutions to industry problems. These include authorization to: 1. amortize goodwill generated in mergers up to 40 years, and 2. defer and amortize gains and losses from the sale of mortgage loans and related securities. Third, the FHLBB has attempted to remove regulatory constraints which restrain the freedom of an association's management to make operating and business decisions. Fourth, the FHLBB is aggressively seeking to improve the effectiveness of the Federal Savings and Loan Insurance Corporation and of itself. JF - Federal Home Loan Bank Board Journal AU - Draper, Malcolm, Jr Y1 - 1981/12// PY - 1981 DA - Dec 1981 SP - 8 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 12 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Deregulation KW - Changes KW - Business cycles KW - Business conditions KW - 8120:Retail banking services KW - 9190:US KW - 1100:Economics KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407270?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Strategies+for+Assisting+the+Thrift+Industry+to+Creatively+Cope+with+the+Rapidly+Changing+Financial+Environment&rft.au=Draper%2C+Malcolm%2C+Jr&rft.aulast=Draper&rft.aufirst=Malcolm&rft.date=1981-12-01&rft.volume=14&rft.issue=12&rft.spage=8&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Real Dollar Payback Loans: A Solution to the Housing Problem AN - 222402574; 00163682 AB - The real dollar payback loan (RDPL) is a new type of credit instrument which could encourage business investment and the purchase of housing, and deal a severe blow to a major stimulus of inflation and high interest rates. The major innovation of the RDPL is that payments due to lenders would be adjusted for inflation. Three kinds of indexes might be used to adjust monthly payments due under the plan: 1. indexes which reflect the general level of inflation, 2. indexes which reflect period-to-period changes in the value of income streams that will pay the notes, or 3. indexes which would protect the lender against decreases in home values. Potential criticisms of the RDLP include: 1. The first type of index includes factors for housing costs. 2. The mortgage payment for a RDPL may balloon to an unmanageable level. 3. Homebuyers like the idea that home values could increase and the real value of their payments decrease through inflation. However, if RDLP is adopted, the effect on the housing market would be immediate and very substantial. JF - Federal Home Loan Bank Board Journal AU - Sharplin, A D Y1 - 1981/12// PY - 1981 DA - Dec 1981 SP - 13 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 12 SN - 07370725 KW - Public Administration KW - Variable interest rates KW - Real estate financing KW - Mortgages KW - Housing KW - Home loans KW - 8120:Retail banking services KW - 8360:Real estate industry UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402574?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Real+Dollar+Payback+Loans%3A+A+Solution+to+the+Housing+Problem&rft.au=Sharplin%2C+A+D&rft.aulast=Sharplin&rft.aufirst=A&rft.date=1981-12-01&rft.volume=14&rft.issue=12&rft.spage=13&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Synopsis of the President's Housing Commission Interim Report AN - 222400966; 00163681 AB - The Commission on Housing (COH), which was created by President Reagan for the purpose of reviewing the many ways the Federal government is involved in housing and suggesting ways to make that involvement more effective, recently published an interim report. The report concentrates on federally subsidized housing programs. It recommends that the government move away from focusing its policies on structures toward consumer-oriented housing assistance grants. COH suggests that future commitments to build additional units under Section 8, Section 202, be halted. Present expenditures under Section 8 could be recycled into vouchers to replace public housing authority operating budgets. However, COH is not seeking a sudden end to public housing agency subsidies. The COH also recommends that greater responsibility be given to state and local governments in solving housing availability problems. JF - Federal Home Loan Bank Board Journal AU - Landrigan, Stephen Y1 - 1981/12// PY - 1981 DA - Dec 1981 SP - 11 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 12 SN - 07370725 KW - Public Administration KW - Subsidies KW - Public policy KW - Policy KW - Housing subsidies KW - Housing KW - Changes KW - 1200:Social policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400966?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Synopsis+of+the+President%27s+Housing+Commission+Interim+Report&rft.au=Landrigan%2C+Stephen&rft.aulast=Landrigan&rft.aufirst=Stephen&rft.date=1981-12-01&rft.volume=14&rft.issue=12&rft.spage=11&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - A New Day Dawns for the Savings and Loan Industry AN - 222400907; 00163679 AB - The Federal Home Loan Bank Board (FHLBB) is pursuing goals which will allow the savings and loan industry (SLI) to emerge from its present difficulties and continue to provide financial services on a profitable basis regardless of the business cycle and the behavior of interest rates. The first goal is to provide the SLI with an opportunity to have a reasonable balance in the mix of assets and liabilities. This is being accomplished through variable rate mortgages. In addition, the FHLBB has: 1. attempted to give the SLI greater freedom in asset-liability management, 2. deregulated the amortization of loan losses, and 3. encouraged the movement to good-will purchase accounting. The FHLBB is maintaining public trust in the SLI by selectively approving interstate and intrastate mergers of thrift institutions. The deregulation of additional financial services is making this a revolutionary time for the SLI. The SLI must have a vision of its own future and work diligently for that future. JF - Federal Home Loan Bank Board Journal AU - Pratt, Richard T Y1 - 1981/12// PY - 1981 DA - Dec 1981 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 12 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Deregulation KW - 8120:Retail banking services KW - 9190:US KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400907?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=A+New+Day+Dawns+for+the+Savings+and+Loan+Industry&rft.au=Pratt%2C+Richard+T&rft.aulast=Pratt&rft.aufirst=Richard&rft.date=1981-12-01&rft.volume=14&rft.issue=12&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Housing and the Economy AN - 222398750; 00163683 AB - During the third quarter of 1981, housing starts of single-family homes dropped to some of the lowest levels since World War II. In September, new home sales were the lowest on record, and prices dropped sharply. Sales prices and activity for existing single-family homes were also severely depressed. So long as interest rates remain high, the outlook for owner-occupied housing is bleak. Although the consensus forecast is that interest rates will be declining in the short term, it is unclear how the housing markets will respond. However, homeowners could cash in on anticipated lower short-term rates by accepting adjustable mortgage loans tied to rates on short-term instruments. For the overall US economy, most forecasters expect the current downward trend in the economy to continue until around the middle of 1982. JF - Federal Home Loan Bank Board Journal AU - King, A Thomas AU - Ozanne, Larry Y1 - 1981/12// PY - 1981 DA - Dec 1981 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 12 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Prices KW - Mortgages KW - Interest rates KW - Housing starts KW - Housing KW - Forecasts KW - Economic conditions KW - Business conditions KW - 8120:Retail banking services KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222398750?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Housing+and+the+Economy&rft.au=King%2C+A+Thomas%3BOzanne%2C+Larry&rft.aulast=King&rft.aufirst=A&rft.date=1981-12-01&rft.volume=14&rft.issue=12&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Interest Rate, Default, and Basis Risk in Hedging Fixed Rate Conventional Mortgages AN - 222463627; 00159371 AB - Adjustable mortgage loans (AMLs) shift much of the interest rate risk exposure of savings and loans (S & L) to mortgagors. However, AMLs increase the exposure to default risk. As an alternative to AMLs, some S & Ls are offering fixed-rate mortgages while simultaneously contracting for short positions in Government National Mortgage Association (GNMA) futures. This shifts the interest rate risk from the mortgagors while allowing them to contract for fixed-rate mortgages. However, the S & L faces a basis risk, i.e., the danger that gains and losses in the hedge will not be offset by gains and losses in the cash market. Basis risk can be hedged by placing short GNMA positions every 3 months. This guards against interest rate risk only for the first year after a fixed-rate mortgage is issued. To hedge for longer periods of time, GNMA short positions can be taken for as long as 31/2 years, or the hedge can be rolled over. This strategy is a good alternative to AMLs and can ease the default risk of issuing AMLs. JF - Federal Home Loan Bank Board Journal AU - Losey, Robert L AU - Kelsey, Susan Y1 - 1981/11// PY - 1981 DA - Nov 1981 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 11 SN - 07370725 KW - Public Administration KW - Pricing KW - Mortgages KW - Interest rates KW - Home loans KW - Hedging KW - Futures KW - Fixed rates KW - Adjustments KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463627?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Interest+Rate%2C+Default%2C+and+Basis+Risk+in+Hedging+Fixed+Rate+Conventional+Mortgages&rft.au=Losey%2C+Robert+L%3BKelsey%2C+Susan&rft.aulast=Losey&rft.aufirst=Robert&rft.date=1981-11-01&rft.volume=14&rft.issue=11&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Ginnie Mae N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Surveying the Economic Horizon AN - 222463549; 00159374 AB - The US economy weakened in third quarter 1981, as is evidenced by the decline in the industrial production index and the increase in the unemployment rate. The opinions on the direction of interest rates are divided, with one faction believing they will hit all-time highs in fourth quarter 1981, and others believing that they will not rise much above the present level. Because of heavy Treasury debt, however, neither faction believes that a sharp, long-term decline will occur. The Bears further foresee that the Federal Reserve will not let money supply growth accelerate. Declines in short-term interest rates have made many forecasters believe that lower interest rates will occur by the end of 1981. Declining corporate profits, the weak stock market, and declining car and housing sales foreshadow a worsening recession. Interest rates are likely to stay high in the face of a weakening economy due to the Fed's restrictive monetary policy, while the tax cuts will spur business investment. JF - Federal Home Loan Bank Board Journal AU - Chamberlain, Charlotte A Y1 - 1981/11// PY - 1981 DA - Nov 1981 SP - 29 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 11 SN - 07370725 KW - Public Administration KW - Treasury bonds KW - Treasury bills KW - Money supply KW - Interest rates KW - Housing KW - Economic indicators KW - Economic activity KW - 1100:Economics KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463549?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Surveying+the+Economic+Horizon&rft.au=Chamberlain%2C+Charlotte+A&rft.aulast=Chamberlain&rft.aufirst=Charlotte&rft.date=1981-11-01&rft.volume=14&rft.issue=11&rft.spage=29&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Management Training: Boon or Bane? AN - 222463482; 00159372 AB - The savings & loan (S & L) industry needs well-trained managers to be able to survive in an increasingly competitive environment. Training programs to develop these managers must be developed systematically for the special needs within the organization. Before subscribing to a training program, S & Ls need to consider several points: 1. Is training needed to resolve this problem? The manager may already have the skills needed to handle a given problem, such as absenteeism, but may not want or be able to make use of these skills. Instead, redesign of management strategies may be needed. 2. If such training is needed, is this program suited to the organization's specific needs? A systematic analysis of the job, organization, and employee is needed to determine this. 3. How should the program's efficacy be assessed? Often it is not. Bottom line data or tests of new skills should be considered. 4. Does the organization follow up on training-does it reinforce what was learned? This is necessary or the entire program will be useless. JF - Federal Home Loan Bank Board Journal AU - Harari, Oren AU - Walt, Harold R Y1 - 1981/11// PY - 1981 DA - Nov 1981 SP - 13 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 11 SN - 07370725 KW - Public Administration KW - Programs KW - Managers KW - Management training KW - Management development KW - Follow up KW - Banks KW - 6200:Training & development KW - 8100:Financial services industry UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463482?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Management+Training%3A+Boon+or+Bane%3F&rft.au=Harari%2C+Oren%3BWalt%2C+Harold+R&rft.aulast=Harari&rft.aufirst=Oren&rft.date=1981-11-01&rft.volume=14&rft.issue=11&rft.spage=13&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Interest Rate Deregulation, Branching, and Competition in the Savings and Loan Industry AN - 222463406; 00159369 AB - A study was done on the relationship between interest rate ceilings, branching, and concentration in the California savings and loan (S & L) industry. A model predicting the branching of S & Ls prior to rate ceilings was developed and its predictions compared to what actually occurred. The variables explaining the number of offices per S & L per year included: 1. deposits per S & L from the previous year, 2. average rate of return on S & L mortgage portfolios, 3. California's level of personal income, 4. the concentration ratio of the 4 largest S & Ls, 5. the state's total number of commercial bank offices, 6. the 3-5 year Treasury note rate, and 7. the percent of total S & L assets in stock S & Ls. Interest rate ceilings caused increased branching activity as a form of non-price competition to increase deposits. Little evidence was found that branching reduces competitiveness of markets. Removal of interest rate controls would cut branching applications without affecting competition. Neither would interstate branching have an anticompetitive impact on the S & L industry. JF - Federal Home Loan Bank Board Journal AU - Chase, Kristine L Y1 - 1981/11// PY - 1981 DA - Nov 1981 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 11 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulation Q KW - Interstate banking KW - Interest rates KW - Industrial concentration KW - Deregulation KW - Depository Institutions Deregulation & Monetary Control Act 1980-US KW - Competition KW - Branch banking KW - Banking industry KW - California KW - 8120:Retail banking services KW - 9190:US KW - 1100:Economics KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463406?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Interest+Rate+Deregulation%2C+Branching%2C+and+Competition+in+the+Savings+and+Loan+Industry&rft.au=Chase%2C+Kristine+L&rft.aulast=Chase&rft.aufirst=Kristine&rft.date=1981-11-01&rft.volume=14&rft.issue=11&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - California ER - TY - JOUR T1 - Price Adjustable Mortgage Loans: Guidance from the Yield Curve AN - 222402696; 00159370 AB - Adjustable mortgage loans (AMLs) are instruments for which the interest rate may vary periodically in relations to a chosen index. Pricing AMLs may be facilitated by referring to the yield curve for Treasury issues which show the date, and the interest rates for comparable securities by maturity date. The yield curve reveals what buyers and sellers of these securities think the future course of interest rates will be, particularly what short-term rates should be in relation to long-term rates at any specific time. An AML may be regarded as a short-term security in relation to a standard, fixed-rate mortgage (SFRM). A mortgage yield curve can be developed because of the close link between capital and mortgage markets. In pricing the AML, one must decide where it lies in the maturity spectrum. In choosing an index for AMLs, it should move in sympathy with the new issues of AMLs lest borrowers refinance. When there are rigid constraints, the AMLs should have compensating features, such as assumability. JF - Federal Home Loan Bank Board Journal AU - Cassidy, Henry J Y1 - 1981/11// PY - 1981 DA - Nov 1981 SP - 7 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 11 SN - 07370725 KW - Public Administration KW - Yield KW - Treasury bonds KW - Pricing KW - Mortgages KW - Interest rates KW - Home loans KW - Curve KW - Adjustments KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402696?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Price+Adjustable+Mortgage+Loans%3A+Guidance+from+the+Yield+Curve&rft.au=Cassidy%2C+Henry+J&rft.aulast=Cassidy&rft.aufirst=Henry&rft.date=1981-11-01&rft.volume=14&rft.issue=11&rft.spage=7&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Housing-Planning for the Future AN - 222402646; 00159373 AB - The Federal Home Loan Bank Board (FHLBB) of Cincinnati, Ohio, which serves 500 savings & loan institutions (S & Ls) in Ohio, Kentucky, and Tennessee, backs investments of its members in revitalization, preservation, and restoration of neighborhoods and housing in their communities. Its Housing Services Department (HSD) helps members develop profitable community investment strategies, gives technical assistance, and disseminates pertinent information. Its Community Investment Fund (CIF) loans members money for community investment at below-market rates. Participating S & Ls develop a program and appoint a community lending specialist to oversee the effort. The HSD staff monitors the results of each program. Among the community reinvestment strategies employed by member S & Ls are: 1. affirmative marketing programs targeted to certain segments of the market, 2. loan counseling programs for potential homeowners, 3. public-private partnerships that lend in order to revitalize neighborhoods, 4. lending to stimulate new business development downtown, 5. lending to convert multifamily housing into condominiums. JF - Federal Home Loan Bank Board Journal AU - Peterson, Carol M Y1 - 1981/11// PY - 1981 DA - Nov 1981 SP - 18 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 11 SN - 07370725 KW - Public Administration KW - Services KW - Savings & loan associations KW - Housing KW - Home loans KW - Departments KW - Community development KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402646?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Housing-Planning+for+the+Future&rft.au=Peterson%2C+Carol+M&rft.aulast=Peterson&rft.aufirst=Carol&rft.date=1981-11-01&rft.volume=14&rft.issue=11&rft.spage=18&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Dispensing NOW Accounts: Participative Management Style AN - 222463678; 00157299 AB - Illini Federal Savings & Loan Association has devised a unique participative management approach to implementing Negotiable Order of Withdrawal (NOW) accounts. Nearly 3/4 of the staff worked on developing NOWs, with excellent results apparent after only 6 months of implementation. Actual planning for NOW accounts began over 3 years ago, and with the passage of the Depository Institutions Deregulation and Monetary Control Act (DIDMCA), all available data was consolidated to establish objectives, outline and analyze alternative strategies, project results, and recommend a planning process and an aggressive deposit acquisition campaign. Almost every member of the managerial staff was assigned to one or more of the 17 decision-making task forces, to utilize available expertise, decentralize decision making, and allocate the workload. A project coordinating committee oversaw the progress of the task force structure, and it was decided that Illini's approach would be consumer-oriented. Benefits of the program to customers include low minimum balances and service charges, 51/4% interest, free checking for persons over age 65, self-balancing statements, availability of instant mini-statements, and direct deposit of recurring monthly checks. JF - Federal Home Loan Bank Board Journal AU - Piening, Carol A Y1 - 1981/10// PY - 1981 DA - Oct 1981 SP - 17 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 10 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Programs KW - Participatory management KW - NOW accounts KW - Implementations KW - Case studies KW - 6100:Human resource planning KW - 9110:Company specific/case studies KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463678?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Dispensing+NOW+Accounts%3A+Participative+Management+Style&rft.au=Piening%2C+Carol+A&rft.aulast=Piening&rft.aufirst=Carol&rft.date=1981-10-01&rft.volume=14&rft.issue=10&rft.spage=17&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Pratt Discusses the Bank Board's Proposed Thrift Institutions Restructuring Act AN - 222407335; 00157296 AB - Richard T. Pratt, Federal Home Loan Bank Board Chairman, discussed the proposed Thrift Institutions Restructuring Act or the ''Powers Bill'', at a gathering at the National Press Club, in Washington, DC Pratt asserted that the bill will virtually rewrite the statutory authority governing thrifts, to permit them to choose their lines of business and compete with providers of other financial services. The bill, necessitated by the industry's serious financial difficulty brought on by unprecedented economic forces, would provide thrifts with expanded checking powers, broadened real estate lending powers, commercial lending, expanded consumer lending, equipment leasing authority, increased service corporation investment, a choice of stock or mutual form of organization, and preemption of state laws forbidding ''due-on-sale'' clauses. In a question and answer session, Pratt stated that thrifts must have a better balance between maturities of assets and liabilities, that thrifts will continue to specialize in housing finance, that he favors the all-savers certificate, that houses will become smaller, and that rental housing has a very substantial future. JF - Federal Home Loan Bank Board Journal AU - Anonymous Y1 - 1981/10// PY - 1981 DA - Oct 1981 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 10 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Proposed KW - Mortgages KW - Housing KW - Deregulation KW - Changes KW - Bank loans KW - 8120:Retail banking services KW - 9190:US KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407335?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Pratt+Discusses+the+Bank+Board%27s+Proposed+Thrift+Institutions+Restructuring+Act&rft.au=Anonymous&rft.aulast=Anonymous&rft.aufirst=&rft.date=1981-10-01&rft.volume=14&rft.issue=10&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Association Earnings-First Half 1981 AN - 222402639; 00157301 AB - During the first half of 1981, the savings and loan industry experienced a $1.5 billion after-income tax loss, and expenses exceeded income for the first time in about 40 years. The loss represented a -0.49% annualized rate on assets, and a before-tax loss of .61%. The main cause was a sharp rise in interest rates paid by associations to depositors and lenders for funds, while average return on principal investments (long-term mortgages) increased only modestly. Also contributing to higher costs was a rise in operating expense ratios (operating expenses as a percentage of assets). Operating income rose more modestly than costs, and because mortgage lending volume dropped off substantially, income from loan fees declined. Nonoperating income rose, reflecting primarily a rise in miscellaneous nonoperating income, while nonoperating expenses declined slightly as a result of reduced losses or provision for losses on loans and securities. The observed drop in profitability was experienced by associations in all geographical areas. About 70% of federally insured savings and loan associations experienced a loss for this period. JF - Federal Home Loan Bank Board Journal AU - Pickering, Richard C Y1 - 1981/10// PY - 1981 DA - Oct 1981 SP - 23 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 10 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Profitability KW - Losses KW - Interest rates KW - Income KW - Costs KW - Business conditions KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402639?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Association+Earnings-First+Half+1981&rft.au=Pickering%2C+Richard+C&rft.aulast=Pickering&rft.aufirst=Richard&rft.date=1981-10-01&rft.volume=14&rft.issue=10&rft.spage=23&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Income Capital Certificates: FSLIC Creates a Unique Savings and Loan Security AN - 222401083; 00157297; 00108064 AB - The Federal Savings and Loan Insurance Corporation (FSLIC) has created a unique form of security called the income capital certificate (ICC), to be issued by savings and loan associations in exchange for financial assistance from the FSLIC. The ICC is a hybrid between traditional debt and equity securities; it provides the issuing association with permanent capital which qualifies as reserves and as net worth, and permits the FSLIC to recover all or part of its investment when the association had sufficient net income available. ICCs provide for annual income payments, analogous to dividends on participating preferred stock or interest on income debentures and annual redemption payments, if the association has net income. The ICCs are designed for issuance by mutual associations, although a form of ICC is being considered for issuance by stock associations. The ICCs will be issued according to a master agreement prepared by the FSLIC. The provisions of the Internal Revenue Code which distinguish debt from equity were reviewed when the ICC was structured, and it is likely that the ICC will be treated as equity for tax purposes. JF - Federal Home Loan Bank Board Journal AU - Faucette, Douglas P AU - Kniepper, Richard K Y1 - 1981/10// PY - 1981 DA - Oct 1981 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 10 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Income KW - GAAP KW - Certificates of deposit KW - Certificates KW - Capital KW - 8120:Retail banking services KW - 9190:US KW - 4100:Accounting KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401083?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Income+Capital+Certificates%3A+FSLIC+Creates+a+Unique+Savings+and+Loan+Security&rft.au=Faucette%2C+Douglas+P%3BKniepper%2C+Richard+K&rft.aulast=Faucette&rft.aufirst=Douglas&rft.date=1981-10-01&rft.volume=14&rft.issue=10&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Is the Fixed-Rate Mortgage Obsolete? AN - 222401030; 00157298 AB - The fixed-rate constant-payment fully-amortized mortgage is being used less frequently in home mortgage loan transactions. The thrift industry's current problems have their origins in inflation and the fixed-rate mortgage; higher market rates means that funds cost more, but those rates are not reflected in long-term assets. Mortgage interest rates which incorporate an inflation premium tilt the real burden of the mortgage payment forward, putting the onus on the borrower. Borrowers generally prefer the fixed-rate mortgage because it allows them to pass the interest rate risks of the loan on to the lender. However, mortgage lenders, almost without exception, view interest rate risks to be very large, since accelerated inflation and consequent much higher interest rates are seen as a very real future possibility. The future of the fixed-rate mortgage is not very promising if inflation persists and worsens. If inflation abates, lenders will likely perceive interest rate risks to be lessening, and risk premiums should then decline. The fixed-rate mortgage is not dead, but will be made in accordance with how both borrowers and lenders view the risk. JF - Federal Home Loan Bank Board Journal AU - Winger, Alan R Y1 - 1981/10// PY - 1981 DA - Oct 1981 SP - 14 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 10 SN - 07370725 KW - Public Administration KW - Variable interest rates KW - Mortgages KW - Home loans KW - Fixed rates KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401030?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Is+the+Fixed-Rate+Mortgage+Obsolete%3F&rft.au=Winger%2C+Alan+R&rft.aulast=Winger&rft.aufirst=Alan&rft.date=1981-10-01&rft.volume=14&rft.issue=10&rft.spage=14&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds: Second Quarter 1981 AN - 222407396; 00154982 AB - At savings and loan associations during the second quarter of 1981: 1. savings flow to regular passbook accounts, transaction accounts, and market-priced consumer certificates weakened substantially, 2. withdrawals exceeded new savings receipts by a record amount, 3. deposit balances posted the first quarterly decline in 7 years, and 4. the flow to large denomination certificates and old fixed-rate certificates improved slightly. More specifically, during the second quarter: 1. net withdrawals totaled $10.5 billion, 2. interest credited to accounts expanded to a new high, $9.6 billion, 3. balances of money market certificates rose by $6.4 billion, 4. large denomination certificate balances rose by $2.4 billion, 5. balances in old fixed-rate certificates declined by $10 billion, 6. mortgage loan repayments totaled $9 billion, 7. lending volume totaled $15.7 billion, 8. secondary market activity sales totaled $3.3 billion, 9. commitments for future mortgage lending rose slightly to $17.9 billion, 10. liquid asset holdings declined to $45.9 billion, and 11. a record $10.7 billion of net new borrowings were completed. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1981/09// PY - 1981 DA - Sep 1981 SP - 24 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 9 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Savings KW - Mortgages KW - Loans KW - Deposits KW - Activity KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407396?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds%3A+Second+Quarter+1981&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1981-09-01&rft.volume=14&rft.issue=9&rft.spage=24&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Below Market Rate Loans for Refinances, Resales, or Assumptions AN - 222403700; 00154979 AB - The Federal National Mortgage Association (FNMA) announced a new below market rate program for refinances, resales, and assumptions on March 30, 1981, and a number of savings and loan associations have followed suit. In computing the financial consequences of a below market interest rate refinance/resale program, lenders will probably conclude that the program is not in their interest if the effective yield on new money is less than that available on new mortgages. To overcome this, Freedom Savings and Loan Association in Tampa recently announced a program which provides ''a 15% discount'' to any mortgagor who prepays his loan ''providing the current rate of interest is 81/4% or less''. Because most borrowers prefer existing fixed-rate mortgages to adjustable mortgage loans (AML), if given a choice, lenders should develop pricing strategies to produce the acceptance of AMLs at assumption. Major differences exist between financial intermediaries such as FNMA and most federally chartered or state-chartered savings and loan associations, and so lenders should carefully review the consequences of below market rate programs for resales, refinances, or assumptions. JF - Federal Home Loan Bank Board Journal AU - Gallagher, Douglas D Y1 - 1981/09// PY - 1981 DA - Sep 1981 SP - 15 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 9 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Programs KW - Mortgages KW - Low KW - Loans KW - Interest rates KW - Fannie Mae KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403700?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Below+Market+Rate+Loans+for+Refinances%2C+Resales%2C+or+Assumptions&rft.au=Gallagher%2C+Douglas+D&rft.aulast=Gallagher&rft.aufirst=Douglas&rft.date=1981-09-01&rft.volume=14&rft.issue=9&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Financial Futures from a Regulatory Perspective AN - 222403651; 00154978 AB - The new futures regulations approved by the Federal Home Loan Bank Board, effective July 10, 1981, represent a major departure from the restrictive policies of the past, by authorizing Federal Savings & Loan Insurance Corporation (FSLIC)-insured institutions to make greater use of financial futures markets. Important provisions of the new regulations include: 1. The ''net interest-rate risk exposure'' concept is recognized as the appropriate basis upon which hedging strategies should be formulated. 2. Government National Mortgage Association, Certificate of Deposit, Treasury bill, and Treasury bond futures contracts are authorized. 3. Eligibility requirements based on net worth and scheduled items are removed. 4. An accounting procedure requiring a symmetrical treatment of futures positions and related balance sheet items is required. 5. The board of directors of each institution is required to oversee futures market activities and determine if they are appropriate to the risk exposure of the institution. 6. The regulations apply to all FSLIC-insured institutions. An important effect of the regulation is that it provides institutions with the ability to greatly lower the risks attributable to originating and retaining long-term, fixed-rate mortgages in portfolio. JF - Federal Home Loan Bank Board Journal AU - Losey, Robert L Y1 - 1981/09// PY - 1981 DA - Sep 1981 SP - 12 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 9 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulations KW - Futures market KW - Futures KW - Financial KW - 8120:Retail banking services KW - 9190:US KW - 4300:Law KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403651?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Financial+Futures+from+a+Regulatory+Perspective&rft.au=Losey%2C+Robert+L&rft.aulast=Losey&rft.aufirst=Robert&rft.date=1981-09-01&rft.volume=14&rft.issue=9&rft.spage=12&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Crimes Against S&Ls Increase 16.1 Percent During Second Half of 1980 AN - 222403593; 00154980 AB - The increase in criminal offenses against all financial institutions during the second half of 1980 broke down as follows, compared to the first half of 1980: 1. robberies increased to 3,526 from 2,989, 2. burglaries decreased to 266 from 299, and 3. larcenies decreased to 165 from 171. Rhode Island, Guam, the Virgin Islands, Wyoming, Maine, New Hampshire, and South Dakota experienced the fewest violations, while California, Maryland, New York, Texas, Washington, and Pennsylvania experienced the most. The total 3,957 violations involved a total of 5,081 perpetrators, and $26.9 million was taken in 3,551 of the total offenses. Violence was used 226 times, and offenders targeted open-counter teller posts 3,223 times. Hobbs Act violations increased to 118 from 107 in the year's first half. The Federal Bureau of Investigation (FBI) completed investigations of 4,763 cases of fraud and embezzlement; of this total, Savings and Loans (S & Ls) accounted for 346. S & Ls experienced the largest increase in crimes of all financial institutions. JF - Federal Home Loan Bank Board Journal AU - Daniels, Peggy Y1 - 1981/09// PY - 1981 DA - Sep 1981 SP - 18 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 9 SN - 07370725 KW - Public Administration KW - Theft KW - Statistical data KW - Financial institutions KW - Crime KW - Burglary KW - 5100:Facilities management KW - 8100:Financial services industry UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403593?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Crimes+Against+S%26amp%3BLs+Increase+16.1+Percent+During+Second+Half+of+1980&rft.au=Daniels%2C+Peggy&rft.aulast=Daniels&rft.aufirst=Peggy&rft.date=1981-09-01&rft.volume=14&rft.issue=9&rft.spage=18&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - 318 West Main Street-A Structure of Special Significance AN - 222402765; 00154981 AB - The Mutual Home and Savings Association recently renovated a 2-story brick home in Shelbyville, Illinois, for use as a branch office. The house, which was built in 1858, is in the national registry of historic places. Restoration was completed in June, 1980, at a cost of $195,000. The home features 11 rooms, 5 fireplaces, and a winding staircase. To a great extent, the interior is decorated in the style of the 1850s. The outside is white with black shutters. J. Rex Switzer, of Decatur, was the architect of the renovation. JF - Federal Home Loan Bank Board Journal AU - Hammond, Keith Y1 - 1981/09// PY - 1981 DA - Sep 1981 SP - 22 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 9 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Renovations KW - Case studies KW - Buildings KW - Branches KW - 9110:Company specific/case studies KW - 8120:Retail banking services KW - 8360:Real estate industry UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402765?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=318+West+Main+Street-A+Structure+of+Special+Significance&rft.au=Hammond%2C+Keith&rft.aulast=Hammond&rft.aufirst=Keith&rft.date=1981-09-01&rft.volume=14&rft.issue=9&rft.spage=22&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Financial Futures: A Primer AN - 222401168; 00154977 AB - Financial futures have received a lot of publicity recently, in part because the Federal Home Loan Bank Board approved laws which allow federally insured institutions to increase their use of the financial futures markets, beginning July 10, 1981. In this review, futures and forwards, agriculture and financial futures, and speculation and hedging are compared and contrasted. Government National Mortgage Association (GNMA), Treasury bill, and Certificate of Deposit (CD) futures are also discussed. A brief history of commodity trading and hedging techniques are also described. For a thrift institute to succeed in financial futures, it needs: 1. careful planning, 2. written policies and procedures, 3. testing with simulated hedges, 4. commitment of the association's board, 5. selection of a financial consultant and a broker, and 6. internal control systems. The real value of futures contracts may lie in their use as an integral part of total asset-liability management. On balance, their outlook is good. JF - Federal Home Loan Bank Board Journal AU - Walt, Harold R Y1 - 1981/09// PY - 1981 DA - Sep 1981 SP - 4 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 9 SN - 07370725 KW - Public Administration KW - Treasury bills KW - Speculation KW - Hedging KW - Futures market KW - Futures KW - Financial KW - Certificates of deposit KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401168?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Financial+Futures%3A+A+Primer&rft.au=Walt%2C+Harold+R&rft.aulast=Walt&rft.aufirst=Harold&rft.date=1981-09-01&rft.volume=14&rft.issue=9&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Ginnie Mae N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Changes in S&L Deposit Account Structure: October 1980-March 1981 AN - 222463723; 00151845 AB - During the six month period ending March 31, 1981, deposit growth at savings and loan institutions (S & Ls) improved while rates soared to new highs. Savings balances increased by $21.9 billion and the weighted average rate rose by 177 basis points to 10.40%. Money market certificates increased by $37.5 billion with the average weighted rate at 13.55%. The variable ceiling certificate increased $16.1 billion with an average weighted rate of 11.07%. Large denomination certificates rose by $4.5 billion, with an average weighted rate of 14.62%. Negotiable order of withdrawal (NOW) accounts rose by $4.2 billion. Regular passbook accounts decreased by $14.9 billion with an average rate of 5.49%. Fixed-rate certificates declined by $24.4 billion with an average weighted rate of 7.47%. Individual retirement accounts (IRAs) rose by $1.2 billion with an average weighted rate of 8.63%. Keogh accounts rose by $.2 billion at an average weighted rate of 10.28%. During this period, the term structure of certificates of deposits shortened. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1981/08// PY - 1981 DA - Aug 1981 SP - 17 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 8 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings accounts KW - Savings & loan associations KW - NOW accounts KW - Money market certificates KW - Individual retirement accounts KW - Deposits KW - Certificates of deposit KW - 8120:Retail banking services KW - 6400:Employee benefits & compensation KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463723?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Changes+in+S%26amp%3BL+Deposit+Account+Structure%3A+October+1980-March+1981&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1981-08-01&rft.volume=14&rft.issue=8&rft.spage=17&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Inflation and the Single-Family Home AN - 222407468; 00151842 AB - Inflation causes lenders to raise interest rates to a level that will equal the expected inflation rate. This creates higher mortgage costs to homebuyers. In the past, mortgage rates rose less rapidly than the inflation rate because of: 1. usury ceilings, 2. ceilings on savings rates, and 3. the use of intermediary markets. Low interest rates stimulated demand by: 1. lowering the cost of housing and 2. increasing the returns of home ownership. Now, most states have relaxed usury laws and the Depository Institutions Deregulation and Monetary Control Act of 1980 is removing savings rate ceilings. The cost of inflation is now fully reflected in mortgage rates. This reduces the rate of return on home ownership. This causes demand to be further depressed. In order to increase demand for housing, it is necessary to control inflation. JF - Federal Home Loan Bank Board Journal AU - Winger, Alan R Y1 - 1981/08// PY - 1981 DA - Aug 1981 SP - 7 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 8 SN - 07370725 KW - Public Administration KW - Single family KW - Mortgages KW - Markets KW - Interest rates KW - Inflation KW - Housing KW - Houses KW - 8120:Retail banking services KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407468?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Inflation+and+the+Single-Family+Home&rft.au=Winger%2C+Alan+R&rft.aulast=Winger&rft.aufirst=Alan&rft.date=1981-08-01&rft.volume=14&rft.issue=8&rft.spage=7&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - ''Mortgages for Beginners'': An Early Success in Flexible Underwriting AN - 222402781; 00151843 AB - ''Mortgages for Beginners'' is a program developed by Otero Savings in Colorado Springs, Colorado. The approach behind ''Mortgages for Beginners'' is to match the buying capacity of first-time homebuyers with houses in mature areas. Potential homebuyers are considered on the basis of willingness to sacrifice and ability to pay. Buyers must undergo group counseling. The steps of the application/underwriting process at Otero are: 1. prospective homebuyer picks up an application packet, 2. the filled-out application packet is returned to Otero, 3. applicant is interviewed, 4. a loan application is taken, 5. employment and credit checks are made, and 6. following approval, participants are scheduled for counseling sessions. To date, there have been no delinquencies among participants. However, 33% of the applicants have withdrawn because: 1. they could not afford the home they chose, 2. they assumed a loan, or 3. they were transferred. JF - Federal Home Loan Bank Board Journal AU - Fischman, Richard AU - Dempsey, Marcis Y1 - 1981/08// PY - 1981 DA - Aug 1981 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 8 SN - 07370725 KW - Public Administration KW - Underwriting KW - Savings & loan associations KW - Prospective KW - Programs KW - Mortgages KW - Homeowners KW - Counseling KW - Case studies KW - 9110:Company specific/case studies KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402781?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=%27%27Mortgages+for+Beginners%27%27%3A+An+Early+Success+in+Flexible+Underwriting&rft.au=Fischman%2C+Richard%3BDempsey%2C+Marcis&rft.aulast=Fischman&rft.aufirst=Richard&rft.date=1981-08-01&rft.volume=14&rft.issue=8&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Evaluating the Bank Board's Liquidity and Special Advances Programs AN - 222398945; 00151844 AB - In 1966, the net increase in savings shares for Savings and Loan institutions (S & Ls) fell from $10 billion per year to $3.6 billion. Because of this, the Federal Home Loan Bank Board (FHLBB) now: 1. encourages members to borrow during periods of decreases in net inflow, 2. the minimum liquidity requirement (MLR) has been changed countercyclically in an attempt to reduce fluctuations in the supply of mortgage funds, and 3. has special advances programs for S & Ls. The special advances programs have not had a significant effect on the supply of mortgage funds because the funds were not lent in the mortgage market. This could be corrected by matching the lifetime of the loan to the lifetime of the desired S & L investment. While the changes in the MLR do tend to increase the supply of mortgage funds, the increase in funds often comes too late to be of benefit. Reductions could be more beneficial if they were made automatic. JF - Federal Home Loan Bank Board Journal AU - Kent, Richard J Y1 - 1981/08// PY - 1981 DA - Aug 1981 SP - 13 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 8 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Requirements KW - Policy KW - Minimum KW - Liquidity KW - Disintermediation KW - Advances KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222398945?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Evaluating+the+Bank+Board%27s+Liquidity+and+Special+Advances+Programs&rft.au=Kent%2C+Richard+J&rft.aulast=Kent&rft.aufirst=Richard&rft.date=1981-08-01&rft.volume=14&rft.issue=8&rft.spage=13&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Enterprise Zones: A New Concept in Urban Reinvestment AN - 222398886; 00151841; 00108069 AB - The purpose of an enterprise zone is to relax controls and eliminate taxes and regulations which may inhibit business investment. H.R. 3824 would give qualified businesses the following advantages: 1. exclusion of 50% of all interest and income from Federal taxation, 2. an investment tax credit up to 10%, 3. elimination of capital gains taxes, 4. extension of the loss carry forward allowance from 7 to 20 years, 5. permits tax method of accounting, 6. employers receive a tax credit on wages paid to CETA (Comprehensive Education and Training Act) employees, and 7. special paperwork reduction treatment. The Federal Home Loan Bank Board has enabled Savings and Loans access to Enterprise Zone loans by: 1. allowing them to make loans in areas receiving Housing and Urban Development (HUD) aid, 2. authorizing them to invest up to 30% of assets in obligations backed by federal insurance, 3. authorization to invest in obligations issued by their home state, and 4. allowing them to invest up to 3% of assets into service corporations which may invest in all kinds of real estate transactions. It is possible that the tax reductions will not help small businesses which require assistance with operating costs and venture capital. JF - Federal Home Loan Bank Board Journal AU - Parker, Mary Hamil Y1 - 1981/08// PY - 1981 DA - Aug 1981 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 8 SN - 07370725 KW - Public Administration KW - Zone KW - Urban development KW - Urban KW - Tax incentives KW - Savings & loan associations KW - Regulations KW - Investment KW - Enterprises KW - Business KW - 1200:Social policy KW - 8120:Retail banking services KW - 9190:US KW - 4300:Law KW - 4200:Taxation KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222398886?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Enterprise+Zones%3A+A+New+Concept+in+Urban+Reinvestment&rft.au=Parker%2C+Mary+Hamil&rft.aulast=Parker&rft.aufirst=Mary&rft.date=1981-08-01&rft.volume=14&rft.issue=8&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - Entrepreneurship Database; ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Housing and Economic Developments: A Quarterly Review AN - 222398819; 00151846 AB - In spite of the ''all savers'' certificate and creative financing, the immediate outlook for housing is pessimistic. The economy is compounding the problem because the Federal Reserve System must now take interest rates higher in order to accomplish a downturn in the economy. Skepticism exists as to whether government spending can be reduced, especially in light of the likelihood of increases in defense spending. In the long run, housing prospects depend on the government's ability to reduce inflation and the forms of financing. Single-family-housing starts declined to a seasonally adjusted 671,000 units in all Census areas. Multifamily starts have also declined due to high interest rates. In the future, continued low levels of housing production will have an adverse effect on the quality of housing. JF - Federal Home Loan Bank Board Journal AU - Kaplan, Marshall A Y1 - 1981/08// PY - 1981 DA - Aug 1981 SP - 24 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 8 SN - 07370725 KW - Public Administration KW - Single family KW - Multiple dwellings KW - Markets KW - Housing starts KW - Housing KW - Economic policy KW - Economic conditions KW - 8360:Real estate industry KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222398819?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Housing+and+Economic+Developments%3A+A+Quarterly+Review&rft.au=Kaplan%2C+Marshall+A&rft.aulast=Kaplan&rft.aufirst=Marshall&rft.date=1981-08-01&rft.volume=14&rft.issue=8&rft.spage=24&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Aug 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Spread Management for S&Ls: A Primer AN - 222463854; 00149510; 00108074 AB - With the volatile, high interest rates within the savings and loan (S & L) industry, managers are turning to a technique known as spread management to assist in maintaining a profitable operation. Generally, a spread of 1.5% to 2% is necessary to meet basic operating costs, taxes, and dividends. Any amount above this spread will support growth in net worth. The balance sheet of an S & L contains various types of interest-earning assets and interest-bearing liabilities. The specific securities or loans composing the balance sheet will have differing maturities and yields as well as having fixed and variable yields. Improving interest margin can be achieved through increasing asset size, 2. increasing the interest spread by pricing policy, and 3. increasing the interest spread by the asset/liability mix. Based on these 3 basic alternatives, a variety of changes in the asset/liability mix can be made to achieve the desired results. Spread management should be a part of the S & L's normal planning process. JF - Federal Home Loan Bank Board Journal AU - McCarthy, Michael P Y1 - 1981/07// PY - 1981 DA - Jul 1981 SP - 38 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 7 SN - 07370725 KW - Public Administration KW - Spread KW - Savings & loan associations KW - Margin KW - Management KW - Liabilities KW - Interest KW - Financial management KW - Assets KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463854?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Spread+Management+for+S%26amp%3BLs%3A+A+Primer&rft.au=McCarthy%2C+Michael+P&rft.aulast=McCarthy&rft.aufirst=Michael&rft.date=1981-07-01&rft.volume=14&rft.issue=7&rft.spage=38&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Mergers and Acquisitions: An Important Part of the Strategic Plan AN - 222463786; 00149512 AB - There are 2 basic types of acquisitions for savings & loan (S & L) associations: 1. complementary acquisitions that add value to the present thrust of a business, and 2. diversified acquisitions either into different but related businesses or into totally unrelated businesses. The complementary acquisition is usually much like the S & L's own organization and is easily integrated, unlike a diversified acquisition. An S & L must strategically plan what business it wants to get into and if expansion should be by acquisition or internal means. Next, it decides if it wants to invest a large sum and take a major position in the new business or a small amount just to get experience first. In actual acquisition planning, the S & L must assign responsibility for the undertaking and develop criteria by which to judge acquisition candidates. These criteria include: 1. financial impact, 2. size, and 3. philosophy. The next step is to locate the right company through management contacts, business brokers, or individuals and firms that serve the S & L. JF - Federal Home Loan Bank Board Journal AU - Caldwell, Donald R AU - Harris, Arthur H Y1 - 1981/07// PY - 1981 DA - Jul 1981 SP - 48 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 7 SN - 07370725 KW - Public Administration KW - Target company KW - Strategic KW - Savings & loan associations KW - Planning KW - Evaluation KW - Candidates KW - Acquisitions & mergers KW - 8120:Retail banking services KW - 2300:Planning & strategy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463786?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Mergers+and+Acquisitions%3A+An+Important+Part+of+the+Strategic+Plan&rft.au=Caldwell%2C+Donald+R%3BHarris%2C+Arthur+H&rft.aulast=Caldwell&rft.aufirst=Donald&rft.date=1981-07-01&rft.volume=14&rft.issue=7&rft.spage=48&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Financial Modeling: An Essential Tool for S&L Planning AN - 222407657; 00149511; 00108075 AB - A financial modeling process has been developed by Proprietary Computer Systems, Inc. (Honolulu, Hawaii) to help savings & loan associations organize information more systematically, improve management, and examine the consequences of different financial relationships. This computerized process has met 2 objectives: 1. It is user-oriented. 2. It is completely flexible with regard to data requirements and reports generated. Among the reports and formats produced by this process are: 1. balance sheets showing 12 months' worth of asset, liability, and capital information, 2. income statement for 12 months with flexible data rows to present interest margin or standard profit-and-loss format, 3. ratio report showing 100 or more critical ratios measuring different balance sheet relationships, and 4. variance reports for different periods of interest income or expenses, for example. This process also gives more detailed measurements of liquidity, including an analysis of loans and deposits including: 1. stratification of account balances, 2. maturity schedules, and 3. calculation of dollar value of loans that can be sold to investors. JF - Federal Home Loan Bank Board Journal AU - Keyes, Edward Y1 - 1981/07// PY - 1981 DA - Jul 1981 SP - 44 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 7 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Models KW - Financial planning KW - Financial KW - Computer based modeling KW - 8120:Retail banking services KW - 3100:Capital & debt management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407657?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Financial+Modeling%3A+An+Essential+Tool+for+S%26amp%3BL+Planning&rft.au=Keyes%2C+Edward&rft.aulast=Keyes&rft.aufirst=Edward&rft.date=1981-07-01&rft.volume=14&rft.issue=7&rft.spage=44&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Selecting the Right Planning Consultant AN - 222407603; 00149515 AB - Savings & loan associations hire special consultants to gain specialized knowledge not available from current resources. A consultant with experience in solving similar problems who can give an objective opinion should be sought. A consultant is usually hired when the company cannot remedy a situation by itself. However, the company's internal staff must be able to critique or alter the consultant's recommendations to suit its particular situation. Management must formulate and put its own strategies into practice. Consultants range from full-service firms that encompass scientific/technical disciplines and management advisory services, to general and specialized management firms, to individual consultants. Among the points to be checked are: 1. consultant's reputation, 2. quality of personnel, 3. specialty area, 4. time needed to finish an assignment, and 5. price. JF - Federal Home Loan Bank Board Journal AU - Diaz, Florentino P Y1 - 1981/07// PY - 1981 DA - Jul 1981 SP - 68 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 7 SN - 07370725 KW - Public Administration KW - Selection KW - Planning KW - Management consultants KW - Hiring KW - Consultants KW - 8310:Consultants KW - 6100:Human resource planning UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407603?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Selecting+the+Right+Planning+Consultant&rft.au=Diaz%2C+Florentino+P&rft.aulast=Diaz&rft.aufirst=Florentino&rft.date=1981-07-01&rft.volume=14&rft.issue=7&rft.spage=68&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Closing Statement AN - 222407551; 00149516 AB - The savings & loan industry badly needs an appropriate savings instrument to help finance residential real estate. It must be marketable, long-term and not subject to withdrawal. Further, it must possess certain tax advantages. The second need of the industry is an identity of purpose. The industry's identity must be such as to merit legislation setting it aside for special treatment from other institutions. Another long-run need is to be allowed to enter new markets and withdraw from old ones. The industry's short-run needs are to understand the plight of thrifts and to get the Federal government's support behind them to avert large-scale disruptions in financial markets. A proposed plan calls for trading low-rate mortgages for variable-rate, nonmarketable debentures to help in this effort. The federal depository insurance agencies can and should keep thrifts in the black until they can do this themselves. Keeping the thrifts in business is in the public interest. JF - Federal Home Loan Bank Board Journal AU - Edwards, Edward P Y1 - 1981/07// PY - 1981 DA - Jul 1981 SP - 72 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 7 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Business conditions KW - 8120:Retail banking services KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407551?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Closing+Statement&rft.au=Edwards%2C+Edward+P&rft.aulast=Edwards&rft.aufirst=Edward&rft.date=1981-07-01&rft.volume=14&rft.issue=7&rft.spage=72&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp; Federal Deposit Insurance Corp N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Strategic Planning Challenge for Savings and Loans AN - 222402859; 00149508 AB - Savings & loan (S & L) associations must initiate strategic planning now to meet the challenges ahead. Such planning is proactive and tries to influence and determine the future by activities started now. Strategic planning begins with understanding the revolution underway in the financial arena, marked by introduction of money market funds, inflationary pressures, and passage of the Depository Institutions Deregulation and Monetary Control Act of 1980. Next, the roles of S & Ls in housing and financial intermediation should be reassessed and several alternative scenarios constructed for the 80s. Each S & L must then conduct an analysis of its strengths, weaknesses, opportunities, and threats and develop a statement of missions and goals. Last, the strategic plan must be formulated. It should detail where a business is and where it wants to be in 5 years. Corporate and business unit strategies are developed. Corporate resources are allocated and strategic business unit budgets compiled. For strategic planning to be effective, it must have top management support, broad organizational participation, and be backed by a comprehensive data base. JF - Federal Home Loan Bank Board Journal AU - Ready, R K AU - Ranelli, Edward Y1 - 1981/07// PY - 1981 DA - Jul 1981 SP - 15 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 7 SN - 07370725 KW - Public Administration KW - Unit KW - Strategic planning KW - Strategic KW - Savings & loan associations KW - Planning KW - Depository Institutions Deregulation & Monetary Control Act 1980-US KW - Corporate planning KW - Changes KW - Business KW - 8120:Retail banking services KW - 2300:Planning & strategy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402859?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Strategic+Planning+Challenge+for+Savings+and+Loans&rft.au=Ready%2C+R+K%3BRanelli%2C+Edward&rft.aulast=Ready&rft.aufirst=R&rft.date=1981-07-01&rft.volume=14&rft.issue=7&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Savings and Loan Planning for the New Competitive Environment AN - 222402832; 00149507 AB - Savings & loan (S & L) associations in the 1980s will be faced with a changing competitive environment due to: 1. enactment of the Depository Institutions Deregulation and Monetary Control Act of 1980 that phases out thrift deposit rate controls, 2. increased competition from banks and near-banks, 3. greater financial uncertainty with high inflation and volatile interest rates, and 4. the greater use of sophisticated electronic banking technology. The increased competition from banks and ''near banks'' that can offer market rates of interest and bank-like services, will result in some basic changes. First, the consumer savings market will be less segmented on a geographic basis and according to types of financial services. Also, the market for consumer savings will become much more sensitive to interest rates. The future success of S & Ls depends upon whether they can respond to these changes and: 1. attract funds by paying competitive rates, 2. offer a range of new services at competitive prices, 3. hedge lending risks and manage interest margins well, 4. find new sources of non-interest income, and 5. boost earnings through efficiency and cost cutting. JF - Federal Home Loan Bank Board Journal AU - Marcis, Richard G Y1 - 1981/07// PY - 1981 DA - Jul 1981 SP - 4 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 7 SN - 07370725 KW - Public Administration KW - Strategic KW - Savings & loan associations KW - Planning KW - Market strategy KW - Financial services KW - Financial institutions KW - Depository Institutions Deregulation & Monetary Control Act 1980-US KW - Changes KW - 8120:Retail banking services KW - 2300:Planning & strategy KW - 7000:Marketing UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402832?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Savings+and+Loan+Planning+for+the+New+Competitive+Environment&rft.au=Marcis%2C+Richard+G&rft.aulast=Marcis&rft.aufirst=Richard&rft.date=1981-07-01&rft.volume=14&rft.issue=7&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Understanding the Financial Institution Customer AN - 222401301; 00149514 AB - SRI International (Menlo Park, California) compiled a comprehensive picture of total household financial relationships based upon data from 2 surveys of 6,000 households in 1978 and 3,000 in 1980. From this it was concluded that competition from a wide range of financial institutions will be intense and will increase. Consumers will decide which institutions flourish by reacting positively to the better products and services they are offered. Finally, savings & loan associations will have many long-run opportunities if they can understand their customers' needs. The survey found that affluent households use 20 sources to meet their needs for 38 financial services while non-affluent households use 12 sources for 20 services. No one vendor can meet all needs. Relationships with these institutions overlap, are fragmented, and they tend not to be close. Thus, customers are up for grabs. The strongest firms will be those that understand customer needs and meet them before anyone else does. Institutions should segment the market to adopt a long-range competitive stance focused on the customer, not product. JF - Federal Home Loan Bank Board Journal AU - Casey, Barbara E Y1 - 1981/07// PY - 1981 DA - Jul 1981 SP - 62 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 7 SN - 07370725 KW - Public Administration KW - Market shares KW - Market segmentation KW - Financial services KW - Financial institutions KW - Consumer behavior KW - 8100:Financial services industry KW - 7100:Market research UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401301?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Understanding+the+Financial+Institution+Customer&rft.au=Casey%2C+Barbara+E&rft.aulast=Casey&rft.aufirst=Barbara&rft.date=1981-07-01&rft.volume=14&rft.issue=7&rft.spage=62&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - Entrepreneurship Database; ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Asset-Liability Management for Savings and Loans AN - 222401234; 00149509; 00108072 AB - Of the 5 methodologies used in asset-liability management (ALM) in savings & loan (S & L) associations, the best is the system method which helps define overall financial goals and set up operating policies to attain these goals. The system method begins by setting up an ALM committee to define the S & L's goals. Analytical tools must be implemented to provide monthly or even daily financial reports to judge how goals are being achieved. To facilitate better management information, the balance sheet must be restructured according to maturity classification. A financial forecasting capability is implemented to generate reports on balance sheet, income statement, and cash flow. An investment-funding matrix to help evaluate yield vs. maturity on alternative investments is used in conjunction with financial forecasting. The committee then meets weekly to: 1. review the past week's changes to ALM assumptions, 2. present cash flow forecasts, 3. examine the investment-funding matrix for new opportunities in money markets or other areas, and 4. to discuss and adopt changes to the ALM guidelines. JF - Federal Home Loan Bank Board Journal AU - Roessner, Gilbert G AU - Nagle, Reid Y1 - 1981/07// PY - 1981 DA - Jul 1981 SP - 25 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 7 SN - 07370725 KW - Public Administration KW - Techniques KW - Savings & loan associations KW - Management KW - Liabilities KW - Forecasting KW - Financial planning KW - Financial KW - Assets KW - Asset management KW - 8120:Retail banking services KW - 3100:Capital & debt management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401234?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Asset-Liability+Management+for+Savings+and+Loans&rft.au=Roessner%2C+Gilbert+G%3BNagle%2C+Reid&rft.aulast=Roessner&rft.aufirst=Gilbert&rft.date=1981-07-01&rft.volume=14&rft.issue=7&rft.spage=25&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Crisis Management AN - 222399015; 00149513 AB - Before savings & loan (S & L) associations can do any strategic planning, many must first contend with surviving in the face of high interest rates, weak loan demand, new regulatory requirements, and net funds outflow. In coping with this crisis, S & Ls must first diagnose the crisis. Major problems encountered are listed, their causes identified, and their extent and severity assessed. The second step is to have a proper frame of mind, being willing to think creatively and to apply untraditional solutions. The third step is to take corrective action to handle the crisis. Begin by deciding what your objective or mission is and then assessing the environment and determining the quickest course of action to reach this goal. Two techniques can help in this assessment: 1. MASS (market analysis/strategic unit strength) analysis relates the institution's position in the market and determines the adequacy of a firm's market selection and product line. 2. WOTS (weaknesses, opportunities, threats and strengths) analysis assesses those factors in the company's environment so that a plan of action may be developed. JF - Federal Home Loan Bank Board Journal AU - Yalif, Anat AU - Murray, Ronald M Y1 - 1981/07// PY - 1981 DA - Jul 1981 SP - 54 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 7 SN - 07370725 KW - Public Administration KW - Techniques KW - Strategic planning KW - Strategic KW - Savings & loan associations KW - Planning KW - Management of crises KW - 8120:Retail banking services KW - 2300:Planning & strategy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399015?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Crisis+Management&rft.au=Yalif%2C+Anat%3BMurray%2C+Ronald+M&rft.aulast=Yalif&rft.aufirst=Anat&rft.date=1981-07-01&rft.volume=14&rft.issue=7&rft.spage=54&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jul 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds: First Quarter 1981 AN - 222464055; 00146414; 00108073 AB - The first quarter of 1981 showed a significant deterioration in the savings deposit flow to the nation's savings and loan associations. A significant decline in short-term market interest rates reduced the available yields on market-priced certificate accounts to a point where they could not effectively compete with money market mutual funds. Mortgage lending also slowed considerably during the quarter due to the reduced supply of loanable funds. Reflecting the imbalance between savings flows and mortgage outlays, associations increased liquidity holdings and reduced borrowing levels by less than seasonal amounts. While most areas of savings experienced a decline, there was actually an increase in account balances earning the regular passbook rate or less, probably due to some savers temporarily ''parking'' funds in anticipation of reinvesting them when interest rates rise again. These totals were also augmented by the first batch of funds deposited in Negotiable Order of Withdrawal (NOW) accounts. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1981/06// PY - 1981 DA - Jun 1981 SP - 31 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 6 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Mortgages KW - Money market certificates KW - Interest rates KW - Growth KW - Funds statements KW - Certificates of deposit KW - Bank liabilities KW - Bank assets KW - Bank accounts KW - 8120:Retail banking services KW - 4100:Accounting KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464055?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds%3A+First+Quarter+1981&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1981-06-01&rft.volume=14&rft.issue=6&rft.spage=31&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Effect of Financing Terms on Residential Property Values AN - 222463994; 00146412; 00108070 AB - Many experts feel that there is a lack of awareness and too little regard given by residential appraisers to adjusting for owner financing. The frequency of ''creative financing'' in most markets should cause lenders to request adjustments for financing terms on residential appraisals. Approximately 34% of existing-home sales in 1979 employed ''creative financing,'' and indications are that the final total for 1980 will be well ahead of that figure. Since such financing can have an enormous impact on the property's marketability, it must be considered, just as lot size or location. It is suggested that the broker or appraiser should apply a discount to the mortgage taken back by the seller to equate purchase money financing with current lender mortgage financing. Some appraisers go further in proposing elimination of transactions with ''seller'' financing, but that tactic would certainly subject those appraisers to serious criticism from lenders. JF - Federal Home Loan Bank Board Journal AU - Gallagher, Douglas D Y1 - 1981/06// PY - 1981 DA - Jun 1981 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 6 SN - 07370725 KW - Public Administration KW - Real estate appraisal KW - Property values KW - Mortgages KW - Homes KW - Financing KW - Effects KW - Adjustments KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 8360:Real estate industry UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463994?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Effect+of+Financing+Terms+on+Residential+Property+Values&rft.au=Gallagher%2C+Douglas+D&rft.aulast=Gallagher&rft.aufirst=Douglas&rft.date=1981-06-01&rft.volume=14&rft.issue=6&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Income Tax Treatment of Savings Certificate Penalties AN - 222463931; 00146410; 00108066 AB - The Federal Reserve Board's anti-inflationary monetary policy has had a tremendous impact on the structure of savings and loan associations (S & Ls), as accountholders shifted their funds into short-term higher yielding instruments such as money market mutual funds. This shift has caused substantial increases in the average cost of savings at the S & Ls. While Federal associations can now originate and purchase adjustable mortgage loans, it is believed further steps must be taken to give associations sufficient time to cure the liability and asset disparity. It is suggested that one possible avenue of approach would be the provisions of the Internal Revenue Code dealing with income tax treatment of savings certificate penalties. The deferral of penalties possible through such tax treatments might enable the associations to generate sufficient earnings to offset the increased costs of savings engendered by the internal shifting of funds. This would basically be granting tax relief to a transaction which stems from the root of the problem. JF - Federal Home Loan Bank Board Journal AU - Forer, Henry D Y1 - 1981/06// PY - 1981 DA - Jun 1981 SP - 13 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 6 SN - 07370725 KW - Public Administration KW - Withdrawals KW - Tax deferred privileges KW - Savings & loan associations KW - Penalties KW - Money market certificates KW - Internal Revenue Code KW - Income KW - Deferred income taxes KW - Fines & penalties KW - 8120:Retail banking services KW - 4200:Taxation KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463931?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Income+Tax+Treatment+of+Savings+Certificate+Penalties&rft.au=Forer%2C+Henry+D&rft.aulast=Forer&rft.aufirst=Henry&rft.date=1981-06-01&rft.volume=14&rft.issue=6&rft.spage=13&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Internal Revenue Service N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Wraparound RAMs: A New Method for Providing Lifetime Annuities AN - 222403773; 00146411 AB - In early 1979 the Bank Board approved the issuance of reverse annuity mortgages (RAMs) for Federal Savings and Loan Associations (S & Ls), but they have been little used to date due to the prevalence of high interest rates. One solution to this problem might be wrapping the retirement mortgage around the homeowner's existing loans. Since the early 1900s, insurance companies have been legally required to guarantee policyholders the right to borrow on the security of their policy up to the limit of the cash surrender value. S & Ls might even carry this possibility a step further, by writing wraparounds with adjustable mortgage rates. Given the volatility of mortgage interest and money market rates, an adjustable-rate wraparound RAM may be an appealing retirement possibility for many who are beleaguered by today's financial situation. It would enable retirees to obtain home loans and to use the mortgage funds to purchase a retirement annuity. JF - Federal Home Loan Bank Board Journal AU - Thompson, A Frank, Jr Y1 - 1981/06// PY - 1981 DA - Jun 1981 SP - 17 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 6 SN - 07370725 KW - Public Administration KW - Second KW - Savings & loan associations KW - Retirement KW - Mortgages KW - Loans KW - Lifetime KW - Life insurance KW - Interest rates KW - Insurance policies KW - Flexible KW - Annuities KW - 6100:Human resource planning KW - 8120:Retail banking services KW - 8210:Life & health insurance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403773?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Wraparound+RAMs%3A+A+New+Method+for+Providing+Lifetime+Annuities&rft.au=Thompson%2C+A+Frank%2C+Jr&rft.aulast=Thompson&rft.aufirst=A&rft.date=1981-06-01&rft.volume=14&rft.issue=6&rft.spage=17&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Escrow Accounts: What's Been Happening and Why AN - 222403143; 00146413 AB - A good deal of evidence suggests that escrow accounts may be a grossly misunderstood aspect of mortgage lending. Escrow accounts are normally set up so that a borrower, in conjunction with monthly mortgage payments, pays to the lender a pro rata share of the expected property tax, insurance premium or special payments. The lender then accumulates and forwards these payments as they become due. Several analyses have been attempted to determine the profitability of escrow accounts, but they are suspect because of their assumption that overhead expenditures are easily identifiable and allocatable, and because they ignore the determinants of the costs of such accounts. Between 1976 and 1979, 130 Savings and Loan (S & L) associations switched from not having escrow accounts to having them, and a state by state survey seems to indicate that they are somewhat profitable to the institutions employing them, but certainly not to an extent justifying state-passed mandatory interest laws. JF - Federal Home Loan Bank Board Journal AU - Woerheide, Walter Y1 - 1981/06// PY - 1981 DA - Jun 1981 SP - 22 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 6 SN - 07370725 KW - Public Administration KW - Statistical data KW - States KW - State laws KW - Savings & loan associations KW - Profitability KW - Practices KW - Mortgages KW - Interest KW - Escrow accounts KW - 8120:Retail banking services KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403143?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Escrow+Accounts%3A+What%27s+Been+Happening+and+Why&rft.au=Woerheide%2C+Walter&rft.aulast=Woerheide&rft.aufirst=Walter&rft.date=1981-06-01&rft.volume=14&rft.issue=6&rft.spage=22&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Floating Rate Notes: Alternative Short-Term Investments AN - 222403007; 00146409; 00108079 AB - Savings and loan institutions have traditionally opted for unsophisticated asset portfolios, relying on the residential mortgage as their primary investment instrument. However, certain provisions in the Depository Institutions Deregulation and Monetary Control Act of 1980 are designed to overcome these portfolio shortcomings. Associations can now legally invest in corporate debt securities, either those with short contractual lives and fixed-rates or those that vary with market interest rates. Floating rate notes fall into 3 categories: 1. those with puts, 2. those which are convertible into fixed coupon, long-term debentures, and 3. those with neither put nor conversion features. A major reason for purchasing floating rate notes is the expectation that they will exhibit a high degree of price stability, thus making volatility less of a concern. On the average, it does not appear they are attractive investments compared to 6-month bank Certificates of Deposit (CDs), but they do provide flexibility at certain points in time. JF - Federal Home Loan Bank Board Journal AU - Puglisi, Donald J AU - Cohen, Deborah L Y1 - 1981/06// PY - 1981 DA - Jun 1981 SP - 7 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 6 SN - 07370725 KW - Public Administration KW - Yield KW - Spread KW - Short term debt KW - Savings & loan associations KW - Risk KW - Return on investment KW - Prices KW - Notes KW - Investments KW - Interest rates KW - Fluctuations KW - Floating KW - Corporate KW - Bank portfolios KW - Adjustments KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403007?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Floating+Rate+Notes%3A+Alternative+Short-Term+Investments&rft.au=Puglisi%2C+Donald+J%3BCohen%2C+Deborah+L&rft.aulast=Puglisi&rft.aufirst=Donald&rft.date=1981-06-01&rft.volume=14&rft.issue=6&rft.spage=7&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Impact of Title Insurance and Controlled Business on the S & L Industry AN - 222402923; 00146408 AB - In June of 1980, the Dept. of Housing and Urban Development (HUD) passed an interpretive ruling on a section of the Real Estate Settlement Procedures Act (RESPA). It ruled that referral of settlement business to a wholly or partially owned subsidiary ''may'' constitute a violation of the kickback provisions of the Act. During the 5 years RESPA has been in effect, the Justice Dept., which usually ushers such statute interpretation cases into court, has failed to bring a test-case prosecution under the Act's disputed section (Sec. 8). Since repeated studies have shown that homebuyers neither understand title insurance nor shop for it, it is questioned whether one more layer of regulation will resolve the problem of tied ownerships, of which controlled business is only a small part. Reverse competition will continue to work against consumers' best interests at least until the fundamental problem is addressed as a whole. JF - Federal Home Loan Bank Board Journal AU - Ford, Deborah A AU - Allison, G Burgess Y1 - 1981/06// PY - 1981 DA - Jun 1981 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 6 SN - 07370725 KW - Public Administration KW - Title insurance KW - Settlement KW - Services KW - Savings & loan associations KW - Real estate KW - Impacts KW - Federal legislation KW - Conveyances KW - Controlled KW - Companies KW - 8120:Retail banking services KW - 8220:Property casualty insurance KW - 8360:Real estate industry KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402923?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Impact+of+Title+Insurance+and+Controlled+Business+on+the+S+%26amp%3B+L+Industry&rft.au=Ford%2C+Deborah+A%3BAllison%2C+G+Burgess&rft.aulast=Ford&rft.aufirst=Deborah&rft.date=1981-06-01&rft.volume=14&rft.issue=6&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - HUD N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jun 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Assessing Community Credit Needs Through a Consumer Survey AN - 222464277; 00144840 AB - Consumer surveys are one way for savings & loans (S & Ls) to determine a community's credit needs under the Community Reinvestment Act. Four Texas S & Ls and a University of Texas market research class recently undertook such a survey. They chose the sample by zip code area from a national mailing list. The survey was conducted by means of a mailed questionnaire. The results indicated that credit unions and banks were the most popular credit sources, followed by S & Ls and mortgage companies. Most respondents held home mortgages and auto loans. Projected financial needs generally centered around auto loans, followed by home improvement loans and mortgages. When demographics were considered, ethnic minority members held more loans (85%) than nonminorities (67%). Minorities tended to have more loans from finance companies and also had more home improvement and auto loans than mortgages. This type of survey constitutes a viable approach for determining community credit needs, but the survey data must be interpreted in terms of other considerations as well. JF - Federal Home Loan Bank Board Journal AU - Saegert, Joel AU - Schwarz, Kathy Spillar Y1 - 1981/05// PY - 1981 DA - May 1981 SP - 24 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 5 SN - 07370725 KW - Public Administration KW - Surveys KW - Needs KW - Guidelines KW - Financial institutions KW - Credit KW - Consumer KW - Community Reinvestment Act 1977-US KW - Community KW - 8100:Financial services industry KW - 1200:Social policy KW - 9190:US KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464277?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Assessing+Community+Credit+Needs+Through+a+Consumer+Survey&rft.au=Saegert%2C+Joel%3BSchwarz%2C+Kathy+Spillar&rft.aulast=Saegert&rft.aufirst=Joel&rft.date=1981-05-01&rft.volume=14&rft.issue=5&rft.spage=24&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - Entrepreneurship Database; ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Impact of Financial Innovations and Reform on the Housing and Mortgage Markets AN - 222464209; 00144837 AB - The financial reform presently underway forces the thrift industry, which is the underlying support of the housing industry, to compete in a free market interest rate environment, according to Walter E. Erikson, of Peat, Marwick, Mitchell & Co. However, savings and loan associations (S & Ls) will need time to redeploy assets and match yield maturities. Speaking at the 10th Annual Housing Conference, he said that S & L's will compete more aggressively for funds in capital markets through such innovations as mortgage-backed bonds. Regulations will be eased to allow more experimentation, and there will be no dismantling of the private sector delivery system. According to Richard Aspinwall of Chase Manhattan Bank, markets for mortgage funds have reacted to the increased risk and variability in the US financial system in such ways as forcing mortgage borrowers to bear more interest rate and maturity risks. Other adjustments will lead in the direction of government intervention in interest rate risk, more dependence on rollovers, and more institutional deregulation. JF - Federal Home Loan Bank Board Journal AU - Anonymous Y1 - 1981/05// PY - 1981 DA - May 1981 SP - 4 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 5 SN - 07370725 KW - Public Administration KW - Trends KW - Savings & loan associations KW - Reforms KW - Opinions KW - Mortgages KW - Manypeople KW - Home financing KW - Financial institutions KW - Deregulation KW - Depository Institutions Deregulation & Monetary Control Act 1980-US KW - Alternative KW - 8120:Retail banking services KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464209?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Impact+of+Financial+Innovations+and+Reform+on+the+Housing+and+Mortgage+Markets&rft.au=Anonymous&rft.aulast=Anonymous&rft.aufirst=&rft.date=1981-05-01&rft.volume=14&rft.issue=5&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Association Earnings-Second Half, 1980 AN - 222464130; 00144841 AB - The aftertax return-on-assets fell to an all-time low of $3 billion in the last half of 1980. This represented a 37% drop in aftertax income-the fourth straight decline. It was precipitated by the 1978 introduction of market-related deposit rates and the rise in interest rates. Savings and loan (S & L) profitability has been hurt because the cost of funds is sensitive to market interest rates, although the profit squeeze in the second half of 1980 was not as severe because the cost of funds moderated in the last half of the year when market interest rates dropped temporarily. Gross operating income of insured S & Ls was 6.9% higher in the second half of 1980 and totaled $29 billion. Operating expenses were 7.4% higher than for the first half of 1980, totaling $4.1 billion. The interest cost of funds totaled $24.6 billion in the second half, up 7.9%. Net non-operating income fell from $241 million in the first half of the year to $160 million in the second half. JF - Federal Home Loan Bank Board Journal AU - Pickering, Richard C Y1 - 1981/05// PY - 1981 DA - May 1981 SP - 28 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 5 SN - 07370725 KW - Public Administration KW - Yield KW - Statistical data KW - Savings & loan associations KW - Mortgages KW - Income KW - Funds KW - Earnings KW - Costs KW - 8120:Retail banking services KW - 9190:US KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464130?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Association+Earnings-Second+Half%2C+1980&rft.au=Pickering%2C+Richard+C&rft.aulast=Pickering&rft.aufirst=Richard&rft.date=1981-05-01&rft.volume=14&rft.issue=5&rft.spage=28&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Nominating Committee: An Emerging Force in the Boardroom AN - 222407737; 00144839 AB - The use of a nominating committee can help improve corporate governance with its impact over the composition of the board and management succession, and it can make directors more accountable. Such committees are on the increase. The committee's main duty is to identify candidates for seats on the board of directors. Once the committee's role has been defined and its membership determined, a working agenda should be established. An on-going screening process should be conducted, with files kept ready on potential candidates. The chief executive officer (CEO) should review preliminary candidate choices, and the committee should make its recommendations to the board. The committee should be composed of 3-5 members, with 3-5 year terms of staggered rotation. The CEO may either serve as chairman, serve on the committee, or the committee may be made up of all outside directors. JF - Federal Home Loan Bank Board Journal AU - Caldwell, Donald R AU - Harrell, L Parker, Jr Y1 - 1981/05// PY - 1981 DA - May 1981 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 5 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Responsibilities KW - Nominations KW - Committees KW - Chief executive officers KW - Boards of directors KW - 2100:Administration & management personnel KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407737?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Nominating+Committee%3A+An+Emerging+Force+in+the+Boardroom&rft.au=Caldwell%2C+Donald+R%3BHarrell%2C+L+Parker%2C+Jr&rft.aulast=Caldwell&rft.aufirst=Donald&rft.date=1981-05-01&rft.volume=14&rft.issue=5&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Mortgages, Savings, and Expanded IRAs AN - 222401356; 00144838; 00108067 AB - Congress is considering a bill to expand Individual Retirement Account (IRA) eligibility and contribution limits to boost productive capital. This change would be expected to help savings & loans (S & Ls) because of their heavy involvement in IRAs and because it would make their portfolios more stable. A study was done to see what effect the expansion of eligibility and contribution limits for IRAs would have on savings flows and mortgages. It was found that expansion would cause households to reallocate their portfolios in favor of assets eligible for use in retirement accounts. By income levels, the impact would be significant for the highest income categories, while the low income classes would use it mainly as a tax-deferred savings plan. Four to 10% of these funds would be directed to the mortgage market. The main advantage to S & Ls from the IRA expansion would be the stability of the flow of funds through IRAs. In addition, the IRA allows the S & L to offer the depositor a ''something-for-nothing'' deal. JF - Federal Home Loan Bank Board Journal AU - Tuccillo, John A Y1 - 1981/05// PY - 1981 DA - May 1981 SP - 14 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 5 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Savings KW - Proposed KW - Mortgages KW - Individual retirement accounts KW - Federal legislation KW - Capital formation KW - Canada KW - 9172:Canada KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 4300:Law KW - 6400:Employee benefits & compensation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401356?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Mortgages%2C+Savings%2C+and+Expanded+IRAs&rft.au=Tuccillo%2C+John+A&rft.aulast=Tuccillo&rft.aufirst=John&rft.date=1981-05-01&rft.volume=14&rft.issue=5&rft.spage=14&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board May 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY N1 - SubjectsTermNotLitGenreText - Canada ER - TY - JOUR T1 - Annual Report 1980: The Office of Community Investment AN - 222464759; 00142297; 00108076 AB - During 1980, the Office of Community Investment (OCI) supported the efforts of thrift institutions to fully incorporate community investment into their operations. Activities were emphasized which were designed to alert lenders to the wide range of business opportunities coming from community investment. OCI guided the Community Investment Fund (CIF) and assisted thrifts in developing innovative methods for profitable financing of community revitalization projects through the use of the CIF. OCI launched several major initiatives, including a comprehensive program designed to interest thrifts in energy conservation-related lending. An extensive education program for lenders was begun, pointing out the potential of the secondary mortgage market and community investment. A search was begun for new means of extending mortgage credit into rural areas. The year 1980 was a time to build partnerships, create new approaches to meeting community credit needs, increase financial opportunities for the thrift industry, and respond to changing national priorities. JF - Federal Home Loan Bank Board Journal AU - Tucker, Richard Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 53 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Programs KW - Investment KW - Financing KW - Community development KW - Community KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464759?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+The+Office+of+Community+Investment&rft.au=Tucker%2C+Richard&rft.aulast=Tucker&rft.aufirst=Richard&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=53&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: The Federal Savings and Loan Insurance Corporation AN - 222464695; 00142292; 00108065 AB - Adverse economic conditions throughout 1980 resulted in the Federal Savings and Loan Insurance Corporation (FSLIC) experiencing record cash outlays to protect the depositors of 11 insured institutions. The major portion of the outlays was for the purchase of Government National Mortgage Association (GNMA) securities. This will reduce actual costs to the FSLIC as the securities mature or are liquidated. High interest rates have resulted in decreased earnings for FSLIC-insured institutions. The FSLIC anticipates a significant increase in the number of problem institutions in 1981. The FSLIC was able to avoid a payout of insured accounts by employing alternative measures. These alternative measures serve to protect all savers and provide continuity of thrift and home financing services to the community. They contribute to the stability of and promote confidence in the industry and the FSLIC. The FSLIC increased insurance of accounts to $100,000 during 1980. It also upgraded its analytical capabilities, using computerized modeling techniques. JF - Federal Home Loan Bank Board Journal AU - Grant, Richard H Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 12 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Receivership KW - Policy KW - Financial statements KW - Default KW - Bank failures KW - 8100:Financial services industry KW - 3100:Capital & debt management KW - 9190:US KW - 4100:Accounting UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464695?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+The+Federal+Savings+and+Loan+Insurance+Corporation&rft.au=Grant%2C+Richard+H&rft.aulast=Grant&rft.aufirst=Richard&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=12&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Secretariat AN - 222464623; 00142305 AB - The Secretariat's Office is for the receipt of official matters, and it speaks for the Bank Board in the promulgation of rules, regulations, and other official actions and data. The Secretariat's Office performs duties similar to those of a corporate secretary, and performs recording and transcribing services for other offices within the Bank Board. General record services for the Bank Board are provided by this office. The workload of this branch grew immensely with the advent of the Public Information Act of 1967 and the Privacy Act of 1975. The Secretariat's Docket, Index and Micrographic Branch maintains and services files, is responsible for the loan, retrieval, and general security of files, and coordinates with other offices for the release of information under the regulations of the Public Information Act. Since its establishment, the Branch has reduced space requirements, improved retrieval time, and improved the integrity of Bank Board files. JF - Federal Home Loan Bank Board Journal AU - Finn, J J Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 77 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Records management KW - Government agencies KW - 9550:Public sector organizations KW - 9190:US KW - 5200:Communications & information management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464623?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Secretariat&rft.au=Finn%2C+J+J&rft.aulast=Finn&rft.aufirst=J&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=77&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Office of Minority Affairs AN - 222464577; 00142302 AB - The Office of Minority Affairs (OMA) was established in June, 1980. The OMA is to counsel and advise the Chairman and the Bank Board on policy matters relating to equal employment opportunity in the savings and loan industry, the Federal Savings and Loan Insurance Corporation, the Federal Home Loan Mortgage Corporation, and the 12 Federal Home Loan Banks. The primary emphasis in the OMA has been directed at complaint prevention, with secondary emphasis on revamping the Bank Board's Equal Employment Opportunity (EEO) complaint processing system. OMA has responsibility for the Board's affirmative action program and guidance responsibilities regarding affirmative action planning. JF - Federal Home Loan Bank Board Journal AU - Bradley, W C Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 66 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Policy KW - Minorities KW - Government agencies KW - Affirmative action KW - 6100:Human resource planning KW - 9550:Public sector organizations KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464577?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Office+of+Minority+Affairs&rft.au=Bradley%2C+W+C&rft.aulast=Bradley&rft.aufirst=W&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=66&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Neighborhood Reinvestment Corporation AN - 222464523; 00142303 AB - A Neighborhood Housing Service (NHS) is a locally controlled nonprofit corporation that provides a comprehensive program of housing rehabilitation services to the residents of a locally selected neighborhood. Each local corporation has a local board of directors which sets policy, manages a revolving loan fund for neighborhood homeowners, and provides financial counseling and other services. The key to the success of each NHS program is the local partnership of community residents, lenders, and local government officials, all sharing the common goal of a healthy neighborhood. The savings and loan industry plays a significant role in this partnership. As a result of partnerships at the local and national level, families have reinvested in their homes, former tenants have become homeowners, and apartment owners have worked with tenants to prolong the life of buildings. The Neighborhood Reinvestment Corporation will also continue to work with the savings and loan industry to reverse neighborhood decline and benefit current residents. JF - Federal Home Loan Bank Board Journal AU - Whiteside, William A Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 69 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Programs KW - Neighborhoods KW - Housing rehabilitation KW - Housing KW - Financial institutions KW - Community development KW - 8100:Financial services industry UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464523?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Neighborhood+Reinvestment+Corporation&rft.au=Whiteside%2C+William+A&rft.aulast=Whiteside&rft.aufirst=William&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=69&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Office of Industry Development AN - 222407799; 00142296 AB - The Office of Industry Development (OID) has a key role in processing Savings and Loan Association (S & L) applications. It is responsible for developing programs which encourage sound, competitive growth in the thrift industry. One of the Bank Board's major accomplishments during 1980 was the progress made toward reduction of regulations and decentralization of the regulatory process. OID assisted in this effort and played an active role in the development of new Bank Board regulations to implement the provisions of the Depository Institutions Deregulation and Monetary Control Act of 1980. OID developed new application requirements and processing procedures to facilitate the Board's authority to charter Federal mutual savings banks and to authorize the conversion of state-chartered stock associations to Federal charters. The most significant trend in applications is the dramatic rise in merger activity. This is not surprising, in view of the adverse economic conditions facing the industry. OID directs the Board's minority assistance program and was active in programs designed to assist the growth and financial soundness of minority owned and managed S & Ls. JF - Federal Home Loan Bank Board Journal AU - Oman, Carol A Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 45 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulatory agencies KW - Regulations KW - Federal KW - Charters KW - Applications KW - Acquisitions & mergers KW - 8120:Retail banking services KW - 2300:Planning & strategy KW - 9190:US KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407799?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Office+of+Industry+Development&rft.au=Oman%2C+Carol+A&rft.aulast=Oman&rft.aufirst=Carol&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=45&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: The Office of General Counsel AN - 222403340; 00142294 AB - The Office of General Counsel (OGC), the second largest Bank Board office, implemented a new organizational structure to bring about a more efficient system of operations. The new structure divides the OGC into 3 major sections: 1. the Operations Section, 2. the Securities and Business Transactions Section, and 3. the Policy and Administration Section. During 1980, OGC devoted time to such major efforts as the development of multiple regulations to implement the provisions of the Depository Institutions Deregulation and Monetary Control Act (DIDMCA). It also developed detailed procedures for the treatment of applications to convert state-chartered mutual savings banks to Federal charters. Applications were processed by the Bank Board for converting mutual savings and loan associations to stock form. The FSLIC Division provided legal assistance to the Federal Savings and Loan Insurance Corporation in a large number of cases involving default prevention activities. In litigation efforts, the OGC recorded major victories in cases regarding the authority of the Bank Board to approve conversions of mutual savings and loan associations to the stock ownership form. JF - Federal Home Loan Bank Board Journal AU - Tannenbaum, Ira L Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 32 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Reserve requirements KW - Regulatory agencies KW - Regulations KW - Depository Institutions Deregulation & Monetary Control Act 1980-US KW - Conversion KW - 8120:Retail banking services KW - 9190:US KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403340?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+The+Office+of+General+Counsel&rft.au=Tannenbaum%2C+Ira+L&rft.aulast=Tannenbaum&rft.aufirst=Ira&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=32&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Office of Policy and Economic Research AN - 222403272; 00142293 AB - There were 3 major economic considerations in 1980: 1. the arrival of the widely anticipated recession and its relatively short time span, 2. the behavior of prices, and 3. the behavior of interest rates. Inflation continued unabated and inflationary psychology persisted. Housing activity was generally depressed in 1980 due to the drop in real household income and the sharp increase in mortgage interest rates. There was a 25% decrease in new home sales over 1979. Housing prices were trending downward due to the weak level of demand. High market interest rates curtailed savings and loan (S & L) operations and reduced industry profitability. Funds from almost all sources were in smaller volume. Growth in deposit balances came from accounts that could be offered at close to market rates. The Office of Policy and Economic Research (OPER) focused on helping the Bank Board implement structural changes for S & Ls legislated in the Depository Institutions Deregulation and Monetary Control Act. Research was performed in the areas of: 1. renegotiable rate mortgages, 2. S & L structure, 3. capital adequacy, 4. forwards and futures markets, and 5. secondary market analysis. JF - Federal Home Loan Bank Board Journal AU - Kaplan, Marshall A Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 19 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Research KW - Policy KW - Markets KW - Interest rates KW - Inflation KW - Housing starts KW - Housing KW - Federal Reserve monetary policy KW - Economic recovery KW - Economic conditions KW - Business conditions KW - 8120:Retail banking services KW - 9190:US KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403272?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Office+of+Policy+and+Economic+Research&rft.au=Kaplan%2C+Marshall+A&rft.aulast=Kaplan&rft.aufirst=Marshall&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=19&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Office of Congressional Relations/Administration Office AN - 222403205; 00142304 AB - The Office of Congressional Relations (OCR) is the liaison between Congress and the Federal Home Loan Bank Board. However, OCR does not act as a buffer for the Bank Board. Instead, it helps Congress and the Bank Board relate to each other's responsibilities. From both a legislative and regulatory standpoint, 1980 was a dramatic year. The Depository Institutions Deregulation and Monetary Control Act and regulations issued by the Bank Board made major changes in the industry. The Office of Administration (OA) has as its major goals control of contracting, procurement, and consultant costs, control of operating costs, and improvement of building conditions and services. The controller's division is striving to become a more effective, efficient, and cost-conscious unit. The OA's Administrative Services Division (ASD) continued to improve the Bank Board organizational structure in 1980. The first Federal Home Loan Bank Board Organization Manual was issued. The OA's Information Systems Division conducted a pilot project during 1980 to determine the feasibility of using computer terminals in each field examiner's office. The outcome of this study was favorable, and terminals will be installed during 1981. JF - Federal Home Loan Bank Board Journal AU - Gouthro, Leanna AU - Petrocci, Richard L Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 74 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Public administration KW - Operations KW - Government agencies KW - Administration KW - 9550:Public sector organizations KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403205?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Office+of+Congressional+Relations%2FAdministration+Office&rft.au=Gouthro%2C+Leanna%3BPetrocci%2C+Richard+L&rft.aulast=Gouthro&rft.aufirst=Leanna&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=74&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Internal Evaluation and Compliance Office AN - 222403064; 00142299; 00108078 AB - In the interest of eliminating waste, fraud, and error in Federal government activities, the Bank Board established the Internal Evaluation and Compliance Office, which consolidates responsibilities for both audits and investigations at the Bank Board. The Office conducts 3 types of audits and surveys: 1. financial and compliance, 2. economy and efficiency, and 3. program results. The Office adheres to high professional standards, and these are reinforced through an extensive program of activities sponsored by professional organizations. For 1981, the Office has planned a number of audits which should enhance the Bank Board's ability to respond to the needs of the Savings and Loan industry. JF - Federal Home Loan Bank Board Journal AU - Gillum, Charles R Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 60 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Internal auditing KW - Government agencies KW - 9550:Public sector organizations KW - 9190:US KW - 4100:Accounting UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403064?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Internal+Evaluation+and+Compliance+Office&rft.au=Gillum%2C+Charles+R&rft.aulast=Gillum&rft.aufirst=Charles&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=60&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: The Office of Finance AN - 222401502; 00142298; 00108077 AB - The Office of Finance (OF) and its 5 operating divisions responded to the 1980 challenge of violent swings in interest rates and made an effort to train and upgrade staff members to cope with the decade's future challenges. The interest rate volatility emphasized the importance of integrated asset and liability management at the District Banks. Much special research was done during 1980 to provide ways to better cope with volatile interest rates, especially in relation to asset management. The Administrative Services Division of OF made an intensive salary study which included a review of job descriptions, job evaluations, and salary structure. The Information Management Division (IMD) continued to expand data processing services. New systems included a Repurchase Management System, which aided the Investment Division in reporting the collateral contained within each repurchase agreement to the Bank of New York, and the Longer Term Planning System. IMD worked on determining the feasibility of converting operations from outside time-sharing vendors to a self-contained in-house system. A favorable recommendation was given for the in-house system. JF - Federal Home Loan Bank Board Journal AU - Myers, Charles Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 57 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Financial planning KW - Debt management KW - Asset management KW - 3100:Capital & debt management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401502?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+The+Office+of+Finance&rft.au=Myers%2C+Charles&rft.aulast=Myers&rft.aufirst=Charles&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=57&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: The Change in Savings and Loan Control Act of 1978 AN - 222401444; 00142291 AB - The Change in Savings and Loan Control Act of 1978 became effective March 10, 1979. It was adopted as a companion to the Change in Bank Control Act of 1978. Both pieces of legislation were designed to fill a gap in the regulatory structure covering transfers of control of existing, federally insured, stock financial institutions and holding companies to individuals or groups of individuals. The Federal Savings and Loan Insurance Corporation (FSLIC) may disapprove a proposed acquisition based on such factors as likely anticompetitive effects, unsatisfactory financial condition of the acquiring person or the questionable integrity of such a person. The Savings and Loan (S & L) industry remains predominantly mutual rather than stock in organization, and as a result, FSLIC administration of the Act has been uneventful. The Act has had far less impact on acquisitions in the S & L industry than in the commercial banking business. The effects of the Act appear to have been confined to smaller institutions located mainly in Texas and California. JF - Federal Home Loan Bank Board Journal AU - Anonymous Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 11 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulation KW - Notices KW - FIRA KW - Acquisitions & mergers KW - 8120:Retail banking services KW - 2300:Planning & strategy KW - 9190:US KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401444?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+The+Change+in+Savings+and+Loan+Control+Act+of+1978&rft.au=Anonymous&rft.aulast=Anonymous&rft.aufirst=&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=11&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Personnel Management Office AN - 222399317; 00142300 AB - During 1980, the Personnel Management Office restructured its work by creating the Programs and Policies Branch and by filling key vacancies. Significant progress was made in the areas of: 1. merit pay, 2. performance appraisal, and 3. executive development. This work was mandated by the Civil Service Reform Act. Office of Personnel Management has delegated authority to examine competitively for the newly established Savings and Loan Examiner positions. Additionally, there was a high level of activity in the labor relations area. A Labor-Management Relations Committee was formed, consisting of Washington and field personnel, to coordinate the labor-management needs of the Bank Board. JF - Federal Home Loan Bank Board Journal AU - McGhee, Doris Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 62 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Human resource management KW - Government agencies KW - 9550:Public sector organizations KW - 6000:Human resource management KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399317?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Personnel+Management+Office&rft.au=McGhee%2C+Doris&rft.aulast=McGhee&rft.aufirst=Doris&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=62&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Office of District Banks AN - 222399267; 00142290 AB - The Federal Home Loan Bank System provides a reserve credit facility for member savings institutions, and as of yearend 1980, there were 4,248 member institutions. During 1980, record levels of regular advance funds were provided. Members were also assisted through a special targeted advance program and the payout of maximum dividends, which were bolstered by a $50 million dividend to the banks by the Federal Home Loan Mortgage Corporation. Negotiable Order of Withdrawal (NOW) processing services were developed, which provided members with an efficient alternative for processing the NOW account drafts. The rapid increase in interest rates during the second half of 1980 resulted in lower Bank System net income. Funds to meet the unprecedented volume of advances were provided from borrowing through bonds and discount notes, member deposits and capital stock, and retained earnings. Bank capital declined in 1980, which increased financial leverage and resulted in a decline in lendable funds. JF - Federal Home Loan Bank Board Journal AU - Silkensen, James R Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 8 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Processing KW - NOW accounts KW - Credit KW - Advances KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399267?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Office+of+District+Banks&rft.au=Silkensen%2C+James+R&rft.aulast=Silkensen&rft.aufirst=James&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=8&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Office of the Chairman AN - 222399195; 00142289 AB - The nation's economy during 1980 was erratic. Volatile interest rates reflected: 1. structural changes in the financial markets, 2. greater emphasis on monetary policy as a means to implement a countercyclical stabilization policy, and 3. higher and more variable rates of inflation. These conditions placed considerable stress on the Savings and Loan (S & L) industry. S & Ls are carrying a volume of low-yielding loans. They face stiff competition for the savings dollar from money market funds and other instruments carrying market interest rates. Several major programs have been developed which will allow both the home buyer and the lender more flexibility in mortgage planning. Federal S & Ls have been given the authority to issue various types of renegotiable rate mortgages. They are also experimenting with shared appreciation mortgages and graduated payment mortgages. S & Ls will have to be aggressive, innovative, and flexible if they are to compete and survive in this time of change and adversity. JF - Federal Home Loan Bank Board Journal AU - Pratt, Richard T Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 6 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Regulations KW - Mortgages KW - Business conditions KW - 8120:Retail banking services KW - 9190:US KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399195?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Office+of+the+Chairman&rft.au=Pratt%2C+Richard+T&rft.aulast=Pratt&rft.aufirst=Richard&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=6&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Office of Planning and Management Coordination AN - 222399134; 00142301 AB - The Planning and Management Coordination Office works with the Assistant to the Chairman of the Bank Board in coordinating and overseeing the operations and activities of the various organizations reporting to the Bank Board. The Chairman, Jay Janis, used a system consisting of 3 elements: 1. the determination of long-range goals, 2. the determination of specific organizations and actions required to accomplish the priorities, and 3. a follow-up tracking and control system to assure timely implementation. The major thrust of the planning efforts in 1980 dealt with the development of regulations to implement the provisions of the Depository Institutions Deregulation and Monetary Control Act. A planning system was set up to process the backlog of applications for converting Federal mutual savings and loans to stock form. The major issues facing Savings and Loan Associations (S & Ls) in 1981 were discussed at the end of the year. The formal planning process has helped assure continuity during a change of chairmen and administrations. JF - Federal Home Loan Bank Board Journal AU - Buckley, John M, Jr Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 65 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Planning KW - Government agencies KW - 9550:Public sector organizations KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399134?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Office+of+Planning+and+Management+Coordination&rft.au=Buckley%2C+John+M%2C+Jr&rft.aulast=Buckley&rft.aufirst=John&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=65&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Annual Report 1980: Office of Examinations and Supervision AN - 222399075; 00142295 AB - The Office of Examinations and Supervision (OES) is responsible for examining and supervising all federally and state chartered savings and loan associations which are insured by the Federal Savings and Loan Insurance Corporation (FSLIC). OES conducts on-site examinations of these institutions to determine their financial soundness and their compliance with Federal statutes and Bank Board regulations. Adverse economic conditions prevailing in 1980 led to an increase in the number of institutions requiring supervisory attention. In addition, a number of mutual savings banks applied for conversion to FSLIC insurance, and eligibility examinations of these institutions were conducted. OES developed and routinely provided to field offices computer generated reports of associations with potential financial problems. Computer terminals will be installed in all district and field offices in 1981. Training provided to examiners was expanded significantly in 1980. A new Department of Consumer and Civil Rights became fully operational, which streamlined the system for investigating and resolving consumer complaints. Future plans include expansion of programs for resolving potential supervisory problems, reducing governmental burden on industry, and improving the enforcement of consumer and civil rights. JF - Federal Home Loan Bank Board Journal AU - Taylor, L David Y1 - 1981/04// PY - 1981 DA - Apr 1981 SP - 39 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 4 SN - 07370725 KW - Public Administration KW - Supervision KW - Savings & loan associations KW - Regulatory agencies KW - Bank examinations KW - 8120:Retail banking services KW - 9190:US KW - 2200:Managerial skills KW - 4300:Law UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399075?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Annual+Report+1980%3A+Office+of+Examinations+and+Supervision&rft.au=Taylor%2C+L+David&rft.aulast=Taylor&rft.aufirst=L&rft.date=1981-04-01&rft.volume=14&rft.issue=4&rft.spage=39&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Apr 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Issues of Tax Significance to the Thrift Industry AN - 222407928; 00140660; 00108068 AB - Nine major issues which will affect taxation of savings & loans (S & Ls) and mutual savings banks should be brought to the industry's attention. These issues relate to developments in 1980 and earlier years. One such issue involves deferred loan fees. Rev. Ruling 70-540 indicates that S & Ls can defer loan fees income for tax purposes so long as the fee is financed as part of the transaction. The Internal Revenue Service (IRS) has attacked such deferrals recently, contending that loan fees should be included when the transaction is executed unless all aspects of the transaction point to the fact that both parties mean to treat the fee as part of the financed amount. Another issue involves tax-free conversions. Rev. Ruling 80-105, in which the IRS ruled favorably on a tax-free conversion of a Federal mutual S & L to a state stock S & L, indicates that the IRS may be willing to rule on conversions. Other issues affecting taxation include: 1. the statutory bad debt deduction, 2. effect of net operating loss carrybacks, 3. mortgage loan swaps, 4. interest on money market certificates, 5. deferred annuities, 6. deferral of penalty income, and 7. Federal Home Loan Bank dividends. JF - Federal Home Loan Bank Board Journal AU - Stern, Joseph M AU - Newman, William J, Jr Y1 - 1981/03// PY - 1981 DA - Mar 1981 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 3 SN - 07370725 KW - Public Administration KW - Tax regulations KW - Tax deductions KW - Savings banks KW - Savings & loan associations KW - Revenue procedures & rulings KW - Mutual KW - Money market certificates KW - Conversion KW - Carryback KW - Bad debts KW - 3200:Credit management KW - 8120:Retail banking services KW - 9190:US KW - 4100:Accounting KW - 4200:Taxation KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407928?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Issues+of+Tax+Significance+to+the+Thrift+Industry&rft.au=Stern%2C+Joseph+M%3BNewman%2C+William+J%2C+Jr&rft.aulast=Stern&rft.aufirst=Joseph&rft.date=1981-03-01&rft.volume=14&rft.issue=3&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Internal Revenue Service; Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Future Federal Branches Into Tomorrow's Technology AN - 222407859; 00140662 AB - In one of its branches, Future Federal Savings & Loan of Louisville, Kentucky is using passive solar heating, which involves building one building inside of another. The outer shell serves as a collector and insulator for the inner building. The branch was constructed from an abandoned gas station that had a perfect southern exposure, ideal for solar heating. The gas station is the outer shell. The building does have a backup heating system, but its solar design keeps fossil fuel use to a minimum. A hybrid system was also incorporated into the building to collect cool night air in the 42'' airspace in the front of the building and circulate it during the hot spring and summer days. The branch is serving as an experiment to test the solar heating system and the hybrid cooling system. Data are being gathered on temperatures in all parts of the building, when conventional heating and cooling come on, for how long, etc. Future Federal hopes to reduce operating costs and have a successful piece of solar construction available for inspection. JF - Federal Home Loan Bank Board Journal AU - Uth, Madelynn Y1 - 1981/03// PY - 1981 DA - Mar 1981 SP - 24 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 3 SN - 07370725 KW - Public Administration KW - Solar energy KW - Savings & loan associations KW - Office buildings KW - Design KW - Case studies KW - 1500:Energy/environment KW - 5100:Facilities management KW - 9110:Company specific/case studies KW - 8120:Retail banking services KW - 8360:Real estate industry UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407859?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Future+Federal+Branches+Into+Tomorrow%27s+Technology&rft.au=Uth%2C+Madelynn&rft.aulast=Uth&rft.aufirst=Madelynn&rft.date=1981-03-01&rft.volume=14&rft.issue=3&rft.spage=24&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds: Fourth Quarter 1980 AN - 222403941; 00140664 AB - From the third to fourth quarter 1980, the inflow of deposits improved. For accounts offering market-related rates, such as money market certificate (MMC) accounts and jumbo certificates of deposit (CDs), balances increased substantially between quarters. For the quarter, interest credited to savings accounts came to $7.8 billion. Interest paid to accounts in 1980 was up 27% over 1979 to $30.3 billion due to higher rates paid and greater deposit balances. Deposit balances were up 5% for 1980 over 1979, with balances in passbook and fixed rate consumer certificates declining and MMC and CDs over $100,000 or more increasing. During the last quarter, MMC account balances increased by $22.7 billion. Mortgage loan repayments for savings and loans (S & Ls) totaled $11.2 billion in the fourth quarter, with total repayments for the year amounting to $40.7 billion. Mortgage commitment rates hit 15.25-15.5% by the end of the year. Holdings of liquid assets increased greatly in the last quarter of 1980, totaling $47.5 billion by year's end. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1981/03// PY - 1981 DA - Mar 1981 SP - 31 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 3 SN - 07370725 KW - Public Administration KW - Trends KW - Statistical data KW - Savings accounts KW - Savings & loan associations KW - Savings KW - Quarterly KW - Mortgages KW - Money market certificates KW - Liquidity KW - Certificates of deposit KW - Activity KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403941?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds%3A+Fourth+Quarter+1980&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1981-03-01&rft.volume=14&rft.issue=3&rft.spage=31&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Discount Register for Existing Loans AN - 222403866; 00140663 AB - New tables have been formulated that will prove helpful to savings & loans (S & Ls) that want to sell loans at a discount to raise cash or who want to develop incentives for borrowers to repay loans early. The table can help also in valuing a portfolio of fixed-rate mortgage loans at specific yield rate requirements, assuming prepayment at a future year. The tables can determine loan discounts at yield rates from 10-20% by 1% increments. JF - Federal Home Loan Bank Board Journal AU - Friedman, Jack P Y1 - 1981/03// PY - 1981 DA - Mar 1981 SP - 29 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 3 SN - 07370725 KW - Public Administration KW - Prepayments KW - Mortgages KW - Loans KW - Discounts KW - Charts KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403866?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Discount+Register+for+Existing+Loans&rft.au=Friedman%2C+Jack+P&rft.aulast=Friedman&rft.aufirst=Jack&rft.date=1981-03-01&rft.volume=14&rft.issue=3&rft.spage=29&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Corporate Bond Funds for Improved S&L Earnings and Liquidity AN - 222403128; 00140661 AB - Small savings & loans (S & Ls) may invest in corporate bonds via mutual funds as an economical way of diversifying their portfolios. Under the Investment Company Act of 1940, S & Ls may only invest in mutual funds that meet certain requirements, including: 1. stating their policies and changing them only with investor consent, 2. providing their shareholders with semi-annual reports containing financial statements, and 3. having sound management practices. All bonds bought by the fund must continue to be rated in one of the 4 highest grades and must be denominated in dollars and have issuers located in the US. While corporate bond funds have a lower administrative cost than direct investment and enhance liquidity, the S & L cannot tailor bond characteristics as precisely as by direct investment. However, these funds do allow for easier diversification and enable the maintenance of a stated and stable risk level without necessitating direct investment. By meeting certain requirements, the mutual fund may avoid double-taxation of its dividends. JF - Federal Home Loan Bank Board Journal AU - Puglisi, Donald J Y1 - 1981/03// PY - 1981 DA - Mar 1981 SP - 19 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 3 SN - 07370725 KW - Public Administration KW - Savings banks KW - Savings & loan associations KW - Regulations KW - Open end KW - Mutual funds KW - Mutual KW - Investment companies KW - Federal legislation KW - Depository Institutions Deregulation & Monetary Control Act 1980-US KW - Corporate KW - Bonds KW - 8120:Retail banking services KW - 8130:Investment services KW - 9190:US KW - 4300:Law KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403128?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Corporate+Bond+Funds+for+Improved+S%26amp%3BL+Earnings+and+Liquidity&rft.au=Puglisi%2C+Donald+J&rft.aulast=Puglisi&rft.aufirst=Donald&rft.date=1981-03-01&rft.volume=14&rft.issue=3&rft.spage=19&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Mar 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The FSLIC: Protection Through Professionalism AN - 222403410; 00137203; 00108080 AB - The Federal Savings and Loan Insurance Corporation (FSLIC) has been highly successful in achieving its goals of providing safety to savers and stability to the savings and loan industry. Whenever an insured association is experiencing difficulty and cannot reverse its condition, the Federal Home Loan Bank Board will attempt to arrange for a merger with another S & L capable of handling the problem. When this is not possible, and there is a danger of default, the FSLIC then decides upon the optimal method of dealing with the problem institution. The FSLIC has found that methods other than insurance payout are most effective in solving these problems. To avoid liquidation, the FSLIC can choose from several alternatives, normally selecting the one with the least cost to the FSLIC. The vast majority are resolved by providing financial assistance, usually through merger, but the FSLIC also has the authority to enter into purchase and assumption transactions, whereby substantial amounts of assets are acquired. To calculate the costs of the various alternatives, the FSLIC uses computerized financial models. JF - Federal Home Loan Bank Board Journal AU - Grant, Richard H Y1 - 1981/02// PY - 1981 DA - Feb 1981 SP - 9 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 2 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Receivership KW - Prevention KW - Models KW - Liquidation KW - Financial KW - Default KW - Assistance KW - Acquisitions & mergers KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 2300:Planning & strategy KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403410?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+FSLIC%3A+Protection+Through+Professionalism&rft.au=Grant%2C+Richard+H&rft.aulast=Grant&rft.aufirst=Richard&rft.date=1981-02-01&rft.volume=14&rft.issue=2&rft.spage=9&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Economies of Scale in the S&L Industry: New Evidence and Implications for Profitability AN - 222403190; 00137202 AB - Using the ratio of total operating expenses for the year to total assets as a measure of operating efficiency, the question of whether economies of scale exist in the Savings and Loan (S & L) industry is reexamined. Several samples of member S & Ls were selected for the test. The first was a sample consisting of one out of every 5 associations in the Fourth Federal Home Loan Bank (FHLB) district. Four area samples were also selected using metropolitan areas with the largest number of associations. A combined sample was taken from all associations in the 3 metropolitan areas in Southeastern Florida. Economies of scale in the S & L industry appear to be greater within certain asset ranges. There is evidence of diseconomies of scale at large asset size levels. Because profitability is the key issue facing S & Ls in the 1980s, it is useful to try to clarify the asset size ranges in which economies of scale are most pronounced, so that mergers to improve profitability can take place at the appropriate level. JF - Federal Home Loan Bank Board Journal AU - McNulty, James E Y1 - 1981/02// PY - 1981 DA - Feb 1981 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 2 SN - 07370725 KW - Public Administration KW - Studies KW - Size of enterprise KW - Size KW - Savings & loan associations KW - Savings KW - Ratios KW - Operating costs KW - Elasticity KW - Economies of scale KW - Costs KW - Assets KW - 8120:Retail banking services KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403190?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Economies+of+Scale+in+the+S%26amp%3BL+Industry%3A+New+Evidence+and+Implications+for+Profitability&rft.au=McNulty%2C+James+E&rft.aulast=McNulty&rft.aufirst=James&rft.date=1981-02-01&rft.volume=14&rft.issue=2&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Changes in S&L Deposit Account Structure: April 1980-September 1980 AN - 222401630; 00137206 AB - There was an improvement in deposit growth and a decline in the average interest rate paid on accounts at savings and loans, for the 6 months ending September 30, 1980. Balances in 21/2 year or longer variable ceiling certificates (VCCs) grew during the period. The average weighted cost of VCCs was 10.57%, down from 10.96% in the previous period. Money market certificate (MMC) balances declined by $4 billion. A majority of MMC balances were earning in excess of 10%. There was a continued rise in balances of large denomination (over $100,000) certificates. The decline in small denomination certificate balances slowed somewhat. Individual retirement accounts, Keogh accounts, and public unit funds continued to move from S & Ls into higher earning, market related accounts. Transaction account balances, authorized in a limited number of states, increased, as did the number of institutions offering non-interest bearing negotiable order of withdrawal (NOW) accounts. These balances are expected to rise substantially in the next period, due to their authorization on a national basis, effective December 31, 1980. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1981/02// PY - 1981 DA - Feb 1981 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 2 SN - 07370725 KW - Public Administration KW - Variable KW - Statistical data KW - Savings & loan associations KW - Money market certificates KW - Interest rates KW - Deposit accounts KW - Certificates of deposit KW - Ceilings KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401630?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Changes+in+S%26amp%3BL+Deposit+Account+Structure%3A+April+1980-September+1980&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1981-02-01&rft.volume=14&rft.issue=2&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Controlling Profit Volatility AN - 222401576; 00137205 AB - The ability of regulators to insulate Savings and Loans (S & Ls) from the market is eroding, as evidenced by the unprecedented decline in profitability in 1980. S & Ls are faced with a balance sheet structure and mode of operation that is incompatible with an environment of increasing consumer sophistication, increasing open market operations, a phaseout of deposit rate controls, and interest rate volatility. The core problem is excessive exposure to maturity imbalance risk. This is caused by the average effective maturity of the assets being much longer than that of the liabilities. Several actions are available to the S & L to eliminate maturity imbalance. Offsetting the long position, by hedging the net effect of the firm's overall operation, can be accomplished in various ways. Short positions can be established in Government National Mortgage Association (GNMA) Futures over a period of months. Prior to the scheduled maturity dates, the contracts are offset, and profits or losses are recognized. The maturity imbalance hedge is paired against the overall profit volatility of the firm, and the gains and losses are amortized over the expected duration of the profit cycle of the firm. JF - Federal Home Loan Bank Board Journal AU - Hartzog, Jerry Y1 - 1981/02// PY - 1981 DA - Feb 1981 SP - 16 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 2 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Risk KW - Profitability KW - Maturity KW - Interest rates KW - Hedging KW - Futures KW - Fluctuations KW - Cyclical KW - Bank liabilities KW - Bank assets KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222401576?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Controlling+Profit+Volatility&rft.au=Hartzog%2C+Jerry&rft.aulast=Hartzog&rft.aufirst=Jerry&rft.date=1981-02-01&rft.volume=14&rft.issue=2&rft.spage=16&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Ginnie Mae N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - ''Money Huts'' Meet Customer Needs in Far West Territory AN - 222399388; 00137204 AB - Far West Federal Savings and Loan Association recently introduced a concept of small free-standing offices called ''Money Huts''. They are conveniently located in the parking areas of neighborhood shopping centers, where they are visible and easily accessible. The bank feels that the changes being brought about by deregulation will make convenience a significant factor. The Money Huts are small, self-contained buildings, with a walk-up window, drive-up window, and a 24-hour automatic teller machine. The offices are staffed by one person, although they are able to accommodate 2 persons during busy periods. The cost of the Huts average about $85,000 each. Following the opening of the first Hut, a customer survey was conducted. The results confirmed fulfillment of many of the original objectives: 1. appeal to younger customers, 2. increased market penetration for the neighborhood, and 3. helping to lower the average cost of savings by appealing to 51/2% savings accounts. No major operational problems have occurred, and the future of the concept looks good. JF - Federal Home Loan Bank Board Journal AU - Kellogg, Rick Y1 - 1981/02// PY - 1981 DA - Feb 1981 SP - 14 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 2 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Design KW - Case studies KW - Branches KW - Branch banking KW - 9110:Company specific/case studies KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222399388?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=%27%27Money+Huts%27%27+Meet+Customer+Needs+in+Far+West+Territory&rft.au=Kellogg%2C+Rick&rft.aulast=Kellogg&rft.aufirst=Rick&rft.date=1981-02-01&rft.volume=14&rft.issue=2&rft.spage=14&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Feb 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - BOOK T1 - Savings and loan management under deregulation: proceedings of the 6th annual conference, December 8-9, 1980, San Francisco, California AN - 59206771; 1982-0101943 JF - Public Information Department, Federal Home Loan Bank Board of San Francisco, P.O. Box 7948, San Francisco, CA 94120, 1981. 377 pp. Y1 - 1981///0, PY - 1981 DA - 0, 1981 SP - 377 PB - Public Information Department, Federal Home Loan Bank Board of San Francisco, P.O. Box 7948, San Francisco, CA 94120 KW - Savings and loan associations -- Finance -- Conferences KW - Savings and loan associations -- Regulation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59206771?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1981-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Savings+and+loan+management+under+deregulation%3A+proceedings+of+the+6th+annual+conference%2C+December+8-9%2C+1980%2C+San+Francisco%2C+California&rft.title=Savings+and+loan+management+under+deregulation%3A+proceedings+of+the+6th+annual+conference%2C+December+8-9%2C+1980%2C+San+Francisco%2C+California&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Public Information Department, Federal Home Loan Bank Board of San Francisco, P.O. Box 7948, San Francisco, CA 94120 (LC 87-67415) pa $7 N1 - Document feature - bibl(s), il(s), table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - The S&L Environment in the 1980s AN - 222464885; 00135384 AB - There are a number of anticipated factors and assumptions that will affect the savings and loan (S & L) industry in the future. The value of making and articulating assumptions is that it provides a person with a basis for understanding and evaluating the implications major important changes will have on goals and strategies. The factors that will probably impact the S & L industry in the 1980s are: 1. inflation, 2. an increasing demand for and shortage of capital, 3. interest rates continuing to be volatile and generally high because of continued inflation and the demand for funds, 4. housing finance becoming more difficult, 5. housing demand continuing to be high, 6. the impact of the Depository Institutions Deregulation and Monetary Control Act of 1980, 7. a significant increase in S & Ls seeking mergers, 8. political policies having a major effect on the housing and the housing finance industry, 9. homogenization, 10. increased competition within the industry, and 11. new mortgage instruments being used more by consumers. JF - Federal Home Loan Bank Board Journal AU - Buckley, John M Y1 - 1981/01// PY - 1981 DA - Jan 1981 SP - 19 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 1 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Planning KW - Factors KW - Economic conditions KW - Corporate planning KW - Business conditions KW - 8120:Retail banking services KW - 2300:Planning & strategy KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464885?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+S%26amp%3BL+Environment+in+the+1980s&rft.au=Buckley%2C+John+M&rft.aulast=Buckley&rft.aufirst=John&rft.date=1981-01-01&rft.volume=14&rft.issue=1&rft.spage=19&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Price-Level Adjusted Mortgages Versus Other Mortgage Instruments AN - 222464816; 00135382 AB - With the recent advent of a host of new variable rate, graduated payment, and renegotiable rate mortgages, it seems as though the time has come for the introduction of Price Level Adjusted Mortgages (PLAMs). The major feature of PLAMs is that they are influenced by the actual course of inflation, rather than the expected course of inflation. For borrowers, the major advantage of the PLAM is that it eliminates the financing gap of the standard, fixed-payment mortgage, caused by expectations concerning inflation. PLAMs mean lower initial payments, which are helpful to first-time homebuyers, and they minimize uncertainty over inflation. The advantages of PLAMs to lenders is that there is no uncertainty over inflation, and there is probably a constant secular profit rate. There are disadvantages for both borrowers and lenders in that there is the possibility that the household's income or house price will not keep up with the aggregate rate of inflation. For lenders, there is the additional problem of lower initial cash flow. JF - Federal Home Loan Bank Board Journal AU - Cassidy, Henry J Y1 - 1981/01// PY - 1981 DA - Jan 1981 SP - 3 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 1 SN - 07370725 KW - Public Administration KW - Variable interest rates KW - Shared KW - Mortgages KW - Inflation KW - Home ownership KW - Appreciation KW - 8120:Retail banking services KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222464816?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Price-Level+Adjusted+Mortgages+Versus+Other+Mortgage+Instruments&rft.au=Cassidy%2C+Henry+J&rft.aulast=Cassidy&rft.aufirst=Henry&rft.date=1981-01-01&rft.volume=14&rft.issue=1&rft.spage=3&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1981 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Savings and Loans and the Mortgage-Backed Security AN - 222403479; 00135383 AB - Until now, the movement of thrift institutions to the use of mortgage-backed securities as a source of funds has been slow. Generally, the market for these securities has been dominated by the activities of mortgage bankers and Federal housing credit agencies. However, there is some expectation that savings and loans will begin to participate more actively in this market. Mortgage-backed securities are defined as debt instruments collateralized by pools of mortgage loans to which the security holder has recourse if the issuer breaks the provisions of the contract implicit in the security. The securities now being issued are generally either bonds or passthroughs. Mortgage-backed security is appealing to savings and loan associations for 2 reasons: 1. Such securities can help minimize exposure to the interest rate risk inherent in their mortgage lending operations. 2. It broadens the base of funds available for mortgage investments. There are obstacles that have effectively kept savings and loans out of the market, such as regulatory constraints, scale factors, and profitability calculations. JF - Federal Home Loan Bank Board Journal AU - Winger, Alan R Y1 - 1981/01// PY - 1981 DA - Jan 1981 SP - 12 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 14 IS - 1 SN - 07370725 KW - Public Administration KW - Securities KW - Savings & loan associations KW - Mortgages KW - Mortgage bonds KW - Funding KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403479?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Savings+and+Loans+and+the+Mortgage-Backed+Security&rft.au=Winger%2C+Alan+R&rft.aulast=Winger&rft.aufirst=Alan&rft.date=1981-01-01&rft.volume=14&rft.issue=1&rft.spage=12&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Ginnie Mae N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Jan 1981 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Homeowner's Equity: Providing Lifetime Annuities for the Elderly AN - 222406986; 00133996 AB - Demographic and economic statistics show that retirement planning and care for older Americans will be a major issue in the 1980s. Currently, there are 23 million senior citizens in the US. Within the next 10 years, 20% of all Americans will be retired or close to retirement. During the last decade, medical advances coupled with improvements in home living conditions increased life expectancy approximately 33/4%. Similar improvements in the 1980s should produce an average life span of 76 years for the US population. Given a goal of lifetime annuities that avoid the potential problem of the elderly losing their homes, researchers have proposed the development of retirement annuities based on the value of the retiree's home. This utilizes homeowner equity to purchase retirement income for the benefit of the homeowner. Reverse annuities fall into 3 categories: 1. reverse annuity mortgages (RAMs), 2. split-equity mortgages (SEMs) and 3. sale-leaseback agreements (SLBs). A RAM allows savings and loan associations (S & Ls) to write mortgages backed by home equity; the SEM affords the opportunity to share in the appreciation of the property; and the SLB could allow S & Ls to lengthen their asset maturity structure. JF - Federal Home Loan Bank Board Journal AU - Thompson, A Frank, Jr Y1 - 1980/12// PY - 1980 DA - Dec 1980 SP - 23 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 12 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Retirement plans KW - Retirement KW - Planning KW - Mortgages KW - Lifetime KW - Interest rates KW - Income KW - Equity KW - Annuities KW - 6100:Human resource planning KW - 8120:Retail banking services KW - 6400:Employee benefits & compensation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222406986?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Homeowner%27s+Equity%3A+Providing+Lifetime+Annuities+for+the+Elderly&rft.au=Thompson%2C+A+Frank%2C+Jr&rft.aulast=Thompson&rft.aufirst=A&rft.date=1980-12-01&rft.volume=13&rft.issue=12&rft.spage=23&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds: Third Quarter 1980 AN - 222403264; 00133997 AB - The record decline in short-term market interest rates during the second quarter catalyzed the improvement in financial flows at savings associations during the third quarter. Mortgage lending activity was twice the second quarter volume, with September closings near peak levels. Deposit flows were 3 times those in the second quarter, but stayed well below earlier highs. Passbook account balances increased for the second consecutive quarter. As the quarter progressed rates rose again in response to pent-up credit demands, indicating that: 1. The economy was recovering faster and stronger than anticipated. 2. There would be another tightening of monetary policy. By the end of the quarter, both deposit flows and mortgage commitment activity had slowed. Associations moderately increased their holdings of liquid assets in July and August, then drew them down somewhat in September when deposit flows slackened. Associations were not borrowers during the third quarter. After reducing their indebtedness in July, they increased their borrowings during the rest of the quarter. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1980/12// PY - 1980 DA - Dec 1980 SP - 31 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 12 SN - 07370725 KW - Public Administration KW - Statistical data KW - Savings & loan associations KW - Savings KW - Performance KW - Mortgages KW - Money market certificates KW - Liquidity KW - Interest rates KW - Business conditions KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403264?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds%3A+Third+Quarter+1980&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1980-12-01&rft.volume=13&rft.issue=12&rft.spage=31&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Investing in Corporate Debt Securities: New Powers for Thrifts AN - 222402572; 00133994; 00092413 AB - A thrift institution may purchase bonds convertible into common stock of an issuing corporation with these stipulations: 1. The convertible cannot be converted at the option of the issuer. 2. At the time of purchase, the convertible is written down to its investment value. 3. The convertible is traded on a national securities exchange. 4. The thrift institution does not exercise the conversion feature. Bank Board regulations allow thrift institutions to purchase both corporate notes and corporate bonds. At the date of purchase the securities must be rated in one of the 4 highest grades by at least one nationally recognized investment rating agency. The securities must be marketable, precluding investment in private or direct placements. There is no limit on the maturity of an individual security, but the portfolio of corporate debt securities must have an average maturity of less than 6 years. The actual maturity structure of the bond portfolio should be consistent with the liquidity and volatility characteristics of the institution's total asset mix and liability structure. JF - Federal Home Loan Bank Board Journal AU - Puglisi, Donald J Y1 - 1980/12// PY - 1980 DA - Dec 1980 SP - 11 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 12 SN - 07370725 KW - Public Administration KW - Yield KW - Statistical data KW - Securities KW - Savings & loan associations KW - Regulations KW - Rating services KW - Maturity KW - Marketable securities KW - Investments KW - Debt KW - Corporate KW - Convertible bonds KW - Bonds KW - Bond rating KW - Bond ratings KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 9190:US KW - 4300:Law KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402572?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Investing+in+Corporate+Debt+Securities%3A+New+Powers+for+Thrifts&rft.au=Puglisi%2C+Donald+J&rft.aulast=Puglisi&rft.aufirst=Donald&rft.date=1980-12-01&rft.volume=13&rft.issue=12&rft.spage=11&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1980 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Commercial Paper: A Primer AN - 222402523; 00133993; 00092416 AB - A number of finance-oriented and nonfinancial businesses issue commercial paper. Commercial paper is generally unsecured, but some financial firms issue paper collateralized by mortgage backed notes. It is usually issued in bearer form, but the investor may request it to be registered in the name of the purchaser. As in the case with US Treasury bills and bankers acceptances, commercial paper is normally issued at a discount rate from par with par being paid at maturity. Paper may be purchased as an interest-bearing note with accrued interest added to the at-par purchase price and paid at maturity. While paper can occasionally be purchased in units as small as $25,000, most investments in commercial paper have a minimum of $100,000. Paper may be purchased directly from the issuer or through a commercial paper dealer. Although most paper is issued with maturities between 20-45 days, the range runs from one day to 270 days. Since investment in commercial paper is one alternative for a short-term placement of funds, yields on competing instruments should be compared. The regulations on purchase of commercial paper by thrift institutions furnish them with an attractive investment alternative in the money market sector. JF - Federal Home Loan Bank Board Journal AU - Puglisi, Donald J Y1 - 1980/12// PY - 1980 DA - Dec 1980 SP - 5 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 12 SN - 07370725 KW - Public Administration KW - Yield KW - Spread KW - Rating services KW - Portfolio investments KW - Offerings KW - Investments KW - Fees KW - Diversification KW - Commercial paper KW - Fees & charges KW - 3100:Capital & debt management KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402523?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Commercial+Paper%3A+A+Primer&rft.au=Puglisi%2C+Donald+J&rft.aulast=Puglisi&rft.aufirst=Donald&rft.date=1980-12-01&rft.volume=13&rft.issue=12&rft.spage=5&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Savings and Loan Activity: A Review of 1980 and a Look at the Future AN - 222398508; 00133995 AB - In reviewing economic developments in 1980, 3 factors deserve consideration: 1. The widely anticipated recession finally arrived but was extremely short-lived. 2. Prices showed little improvement despite the recession. 3. Interest rates showed unprecedented volatility during the past year. If interest rates slow in 1981 there should be a better savings inflow to associations and a growth in loan repayments associated with an improving housing and mortgage market, resulting in improvement in loans made and purchased. As high cost funds rollover at lower market rates of interest and as loan origination activity improves, the rate of return should improve. Looking beyond 1981, associations must adapt in order to continue to successfully operate in a market characterized by variable interest rates and an increasingly competitive financial environment. Most associations will make the necessary adjustments so that they can not only survive, but thrive in the more competitive markets of the future. JF - Federal Home Loan Bank Board Journal AU - Marcis, Richard G Y1 - 1980/12// PY - 1980 DA - Dec 1980 SP - 19 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 12 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Recessions KW - Mortgages KW - Interest rates KW - Inflation KW - Economic forecasting KW - Economic development KW - Business forecasting KW - Business conditions KW - 8120:Retail banking services KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222398508?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Savings+and+Loan+Activity%3A+A+Review+of+1980+and+a+Look+at+the+Future&rft.au=Marcis%2C+Richard+G&rft.aulast=Marcis&rft.aufirst=Richard&rft.date=1980-12-01&rft.volume=13&rft.issue=12&rft.spage=19&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Dec 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - A Special Loan Program: Meeting Special Needs AN - 222463159; 00133946 AB - In November of 1979, First Federal Savings and Loan in Pine Bluff, Arkansas, announced the creation of its Home Alteration Loan Program for the Handicapped. The program is designed to allow handicapped persons or their parents to obtain home loans at reduced interest rates, so they can make necessary alterations to their homes in order to meet their specific needs. From the beginning of the program's development, a great deal of research was conducted. One of the first priorities was to obtain the services of persons familiar with the needs of the handicapped and real estate appraisal methods utilized when dealing with residences of the handicapped. Participants in the program can borrow for a maximum of 20 years. Eligible alterations include increasing the width of doorways and hallways to accommodate wheelchairs, construction of ramps inside and outside the home, installation of handrails, and renovations of kitchens and bathrooms. The program's eligibility requirements are not limited entirely to persons confined to wheelchairs, but cover all types of handicaps. A scenario of an actual loan and how it was used is presented. JF - Federal Home Loan Bank Board Journal AU - Bell, Ruth Y1 - 1980/11// PY - 1980 DA - Nov 1980 SP - 16 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 11 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Programs KW - Modifications KW - Loans KW - Homes KW - Handicapped people KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463159?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=A+Special+Loan+Program%3A+Meeting+Special+Needs&rft.au=Bell%2C+Ruth&rft.aulast=Bell&rft.aufirst=Ruth&rft.date=1980-11-01&rft.volume=13&rft.issue=11&rft.spage=16&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Pricing NOW Account Support Services Supplied by the Federal Home Loan Banks AN - 222463108; 00133944; 00092417 AB - The Depository Institutions Deregulation and Monetary Control Act (DIDMCA) of 1980 allows federal savings and loan associations (S & Ls) to offer negotiable order of withdrawal (NOW) services to individuals and non-profit organizations. The pricing methodology used by the Bank Board to ensure that Federal Home Loan Banks' (FHLB) support services are priced competitively with the private sector is described. The evaluation methodology utilizes generally accepted criteria to ascertain whether FHLB pricing policies result in at least the minimum rate of return that a private firm in a competitive market would require. FHLB prices approved under the methodology may be less in some instances than prices charged by private firms. The pricing model uses 3 components of capital: 1. short-term debt, 2. long-term debt, and 3. equity. There could be revisions which would improve the accuracy or eliminate an unintended bias. FHLB policies on pricing will be reviewed annually by the FHLB Board. If required, changes in the evaluation methodology will be made then. It is felt that the minimum-rate-of-return approach furnishes adequate protection to private firms against competition from governmentally subsidized sources and provides adequate flexibility to the FHLBs to compete like a private firm. JF - Federal Home Loan Bank Board Journal AU - Hartzog, Jerry Y1 - 1980/11// PY - 1980 DA - Nov 1980 SP - 8 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 11 SN - 07370725 KW - Public Administration KW - Support KW - Services KW - Pricing policies KW - Pricing KW - NOW accounts KW - Capital costs KW - 8120:Retail banking services KW - 3100:Capital & debt management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463108?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Pricing+NOW+Account+Support+Services+Supplied+by+the+Federal+Home+Loan+Banks&rft.au=Hartzog%2C+Jerry&rft.aulast=Hartzog&rft.aufirst=Jerry&rft.date=1980-11-01&rft.volume=13&rft.issue=11&rft.spage=8&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Housing and Economic Developments: A Quarterly Review AN - 222402389; 00133947 AB - Interest rates in the housing market are in a volatile situation. Factors which contribute to this are concerns about the economic future, inflationary pressures, and the Federal Reserve's procedure of more emphasis on reserves and monetary growth. Since the quarterly review in August, the housing market has only slightly changed. Projected housing starts were to total only 1.2 million units, but it appears that housing starts will exceed that amount by a small margin. Most of the recovery happened from the second quarter to the third quarter of this year due to lower mortgage rates for single-family dwellings. Multi-family housing starts began to rise in September due to the Section 8 rental assistance program. The high inflation rates and lower household incomes will have an impact families' ability to afford suitable housing. These factors may contribute to smaller houses with fewer amenities and a greater utilization of housing starts with poorer maintenance, as in the inner city areas. Housing starts next year are predicted to rise slightly to 1.5-1.6 million units. A way in which Americans will probably deal with inflationary problems is to seek housing in less expensive rural areas instead of the suburbs. JF - Federal Home Loan Bank Board Journal AU - Kaplan, Marshall A Y1 - 1980/11// PY - 1980 DA - Nov 1980 SP - 19 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 11 SN - 07370725 KW - Public Administration KW - Single family KW - Predictions KW - Multiple KW - Markets KW - Housing starts KW - Housing KW - Family KW - 1100:Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402389?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Housing+and+Economic+Developments%3A+A+Quarterly+Review&rft.au=Kaplan%2C+Marshall+A&rft.aulast=Kaplan&rft.aufirst=Marshall&rft.date=1980-11-01&rft.volume=13&rft.issue=11&rft.spage=19&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1980 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - A Comprehensive Look at Shared-Appreciation Mortgages AN - 222400791; 00133945 AB - A shared-appreciation mortgage (SAM) is a mortgage loan in which the borrower agrees to share the property's appreciation with the lender in return for an interest rate below that on a standard mortgage. The main attraction of SAMs to borrowers is the reduced interest rate, the size of which is determined by the share of the appreciation for the lender, the lender's expectation of property appreciation, and the loan to value ratio of the loan. SAMs probably will not be very attractive to repeat home buyers because they usually have sufficient accumulated housing equity. A SAM is a form of portfolio indexing. If actual inflation and appreciation exceed expected inflation, then the yield on an SAM will exceed the expected yield at the time of origination. SAMs present some potential problems which relate to underwriting standards, the potential of large payment jumps at refinancing, and the question of home improvements. Four alternatives to SAMs are discussed: 1. mortgage revenue bonds, 2. graduated-payment mortgages, 3. graduated-payment adjustable mortgages, and 4. price-level-adjusted mortgages. JF - Federal Home Loan Bank Board Journal AU - McKenzie, Joseph A Y1 - 1980/11// PY - 1980 DA - Nov 1980 SP - 11 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 11 SN - 07370725 KW - Public Administration KW - Yield KW - Shared KW - Problems KW - Payments KW - Mortgages KW - Mortgage bonds KW - Lenders KW - Interest rates KW - Impacts KW - Graduated KW - Borrowing KW - Appreciation KW - Alternative KW - Adjustments KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400791?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=A+Comprehensive+Look+at+Shared-Appreciation+Mortgages&rft.au=McKenzie%2C+Joseph+A&rft.aulast=McKenzie&rft.aufirst=Joseph&rft.date=1980-11-01&rft.volume=13&rft.issue=11&rft.spage=11&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1980 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The ABCs of NOW Account Implementation AN - 222400734; 00133943 AB - Effective December 31, 1980, all federally-chartered savings and loan associations (S & Ls) will be authorized to offer interest-earning negotiable order of withdrawal (NOW) accounts. S & Ls desiring to offer NOWs successfully to the public must have an in-depth knowledge of their characteristics and how to handle them. The nature and function of NOW accounts are substantially different from traditional deposit accounts at thrift institutions. There has already been much written about NOWs, and numerous seminars have been offered on their development. However, a great number of important questions remain unanswered about their implementation. Questions are reviewed and discussed in the areas of: 1. planning-decisions to be made, volume determination, and the package, 2. organization-the first step and personnel requirements, 3. internal operations-systems to use, courier service requirements, training, forms, reports, and control, 4. external relationships-Federal Reserve, local clearinghouse, and correspondent banking, 5. project control-maintaining control, coordinator, meetings, servicer interface, and pilot operation, 6. marketing-improvements, advertising, and research, 7. policies-reviews and management, and 8. economics. JF - Federal Home Loan Bank Board Journal AU - Rush, Robert Y1 - 1980/11// PY - 1980 DA - Nov 1980 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 11 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Planning KW - NOW accounts KW - Marketing KW - Implementations KW - 8120:Retail banking services KW - 7000:Marketing UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400734?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+ABCs+of+NOW+Account+Implementation&rft.au=Rush%2C+Robert&rft.aulast=Rush&rft.aufirst=Robert&rft.date=1980-11-01&rft.volume=13&rft.issue=11&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Nov 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Converting to a Stock Company: A Review of Recent Experience AN - 222463218; 00133990 AB - Savings and loan (S & L) associations have had to face several problems in the last decade, including: 1. increasing cost of funds, 2. a declining profitability, and 3. a steady erosion of the industry's net worth position. The Federal Home Loan Bank Board has taken steps to reverse the erosion of the industry's net worth by permitting the conversion of mutual S & Ls to the stock form of ownership. The granting of this privilege has caused controversy, and an examination of the conversion controversy by analyzing the preconversion and postconversion behavior of some mutual associations that converted to the stock form of ownership is appropriate. The results of the analysis lead to 2 conclusions: 1. The converting S & Ls were different from the nonconverting mutual group and different from the stock group before conversion. 2. After conversion, the operating behavior of the formerly mutual, now stock (converted), group became more dissimilar to mutual operating behavior and more like stock operating behavior. JF - Federal Home Loan Bank Board Journal AU - Hadaway, Beverly L AU - Hadaway, Samuel C Y1 - 1980/10// PY - 1980 DA - Oct 1980 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 10 SN - 07370725 KW - Public Administration KW - Stock KW - Savings & loan associations KW - Performance KW - Ownership KW - Conversion KW - Companies KW - 8120:Retail banking services KW - 9190:US KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463218?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Converting+to+a+Stock+Company%3A+A+Review+of+Recent+Experience&rft.au=Hadaway%2C+Beverly+L%3BHadaway%2C+Samuel+C&rft.aulast=Hadaway&rft.aufirst=Beverly&rft.date=1980-10-01&rft.volume=13&rft.issue=10&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank Board N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Appraising Managers in Difficult Times AN - 222403329; 00133988 AB - Managing savings and loans (S & L) in the next decade will not be easy. Effective performance appraisal systems can be of importance in solving the problems of effectiveness and efficiency in these difficult times. Appraisal systems need to be geared toward providing performance feedback to managers if these systems are to augment organizational efficiency and effectiveness. In order to provide a viable performance appraisal system, it is recommended that the personnel department: 1. stay abreast of the relevant literature regarding empirically validated techniques, formats, methods, and procedures in performance appraisal, 2. know why and how to involve raters and ratees in the development and maintenance of these techniques, formats, methods, and procedures, and 3. diagnose training needs and provide the necessary training for raters and ratees. JF - Federal Home Loan Bank Board Journal AU - Walt, Harold R AU - Harari, Oren Y1 - 1980/10// PY - 1980 DA - Oct 1980 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 10 SN - 07370725 KW - Public Administration KW - Productivity KW - Performance appraisal KW - Needs KW - Managers KW - Feedback KW - 6200:Training & development UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222403329?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Appraising+Managers+in+Difficult+Times&rft.au=Walt%2C+Harold+R%3BHarari%2C+Oren&rft.aulast=Walt&rft.aufirst=Harold&rft.date=1980-10-01&rft.volume=13&rft.issue=10&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Income Property Loans and Related Problems AN - 222402531; 00133989 AB - Nearly one-fifth of the assets of savings and loans (S & Ls) are secured by income-producing property, and income property loans are the second largest category of assets for S & Ls. The attraction of income property loans is that they offer higher fees and higher interest income as compared to residential mortgage loans. However, the larger yield gained from income property loans is also accompanied by a greater rate of slow payments and defaults. Data for analysis was assembled at the Federal Home Loan Bank Board to present an overview of problem experiences for income property loans made by federally insured S & Ls from 1974 through 1978. The characteristics of property, region, and locality as they related to problem experience are examined, and the effect of the lender's portfolio size upon problem loan rates examined. It was found that the frequency of problem loans does vary significantly by property characteristics, such as property type and age. JF - Federal Home Loan Bank Board Journal AU - Archer, Wayne R Y1 - 1980/10// PY - 1980 DA - Oct 1980 SP - 13 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 10 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Risk KW - Real estate KW - Property KW - Loans KW - Investments KW - Income KW - 8120:Retail banking services KW - 8360:Real estate industry KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402531?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Income+Property+Loans+and+Related+Problems&rft.au=Archer%2C+Wayne+R&rft.aulast=Archer&rft.aufirst=Wayne&rft.date=1980-10-01&rft.volume=13&rft.issue=10&rft.spage=13&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Association Earnings-First Half 1980 AN - 222402454; 00133992 AB - Net income of savings and loan (S & L) associations declined sharply during the first half of 1980 as the profit squeeze caused by introduction of market-related deposit rate ceilings in 1978 and the resulting sharp cyclical increase in market interest rates continued. Gross operating income of FSLIC-insured S & Ls totaled $27.1 billion in the first half of 1980, and operating expenses of S & Ls rose 3.4% during January-June of 1980 to total $3.8 billion. The interest cost of association funds increased at a record 18.1% during the first half of 1980 to a total of $22.8 billion. In addition, net non-operating income of associations was in record volume during the first part of the year and totaled $0.2 billion or 4 times the net of the preceding half year. Finally, provision for Federal and State income taxes by associations declined to $0.3 billion in the first half of 1980, reflecting primarily a decline in net income before income taxes. This was 64.5% less than provision for taxes in the last half of 1979 and the smallest since early 1971. JF - Federal Home Loan Bank Board Journal AU - Pickering, Richard C Y1 - 1980/10// PY - 1980 DA - Oct 1980 SP - 27 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 10 SN - 07370725 KW - Public Administration KW - Working capital KW - Trends KW - Savings & loan associations KW - Profitability KW - Net income KW - Interest rates KW - Gross income KW - Funds KW - Costs KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222402454?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Association+Earnings-First+Half+1980&rft.au=Pickering%2C+Richard+C&rft.aulast=Pickering&rft.aufirst=Richard&rft.date=1980-10-01&rft.volume=13&rft.issue=10&rft.spage=27&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Crimes Against S&Ls Drop Nearly Three Percent in the First Half of 1980 AN - 222400849; 00133991 AB - The Recent Bank Crime Statistics Report compiled semiannually by the Federal Bureau of Investigation reports that crimes against all financial institutions fell 11.5% during the first half of 1980. In reference to crimes against individual institutions, however, commercial banks led all institutions with a 16.6% decline, while crimes against savings and loans (S & Ls) had a slower decline of 2.63%. Crimes against financial institutions are divided into 3 major categories: robberies, burglaries, and larcenies. States with the highest total of robberies, burglaries, larcenies, and Hobbs Act violations combined are in order: California, New York, Florida, Ohio, Pennsylvania, Texas, and New Jersey. States with the high percentage increases in the total number of robberies, burglaries, larcenies, and Hobbs Act violations are: Nevada, Florida, Wisconsin, Arizona, Ohio, District of Columbia, and Massachusetts. JF - Federal Home Loan Bank Board Journal AU - Daniels, Peggy Walch Y1 - 1980/10// PY - 1980 DA - Oct 1980 SP - 23 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 10 SN - 07370725 KW - Public Administration KW - Trends KW - Statistical data KW - States KW - Savings & loan associations KW - Losses KW - Financial institutions KW - Crime KW - 5100:Facilities management KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222400849?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Crimes+Against+S%26amp%3BLs+Drop+Nearly+Three+Percent+in+the+First+Half+of+1980&rft.au=Daniels%2C+Peggy+Walch&rft.aulast=Daniels&rft.aufirst=Peggy&rft.date=1980-10-01&rft.volume=13&rft.issue=10&rft.spage=23&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Oct 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Shares in Money Market Funds: A Promising Tool for Managing S&L Liquidity AN - 222463275; 00133909 AB - The recently approved Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA) expands the list of assets that qualify in meeting liquidity requirements for federally insured savings and loan associations (S & Ls). The new act allows S & Ls to hold shares or certificates of any open-end management investment company in fulfillment of liquidity requirements, to the extent approved by the Federal Home Loan Bank Board. The Bank Board recently issued regulations authorizing S & Ls to hold shares in money market funds (MMFs) to satisfy liquidity requirements. Investors in MMFs can reduce the riskiness of their liquidity portfolios through the diversification provided by the pooling of the MMF assets. MMFs act as financial intermediaries by pooling investors' funds in order to purchase short-maturity debt instruments, allowing MMFs to invest in a well-diversified portfolio that accesses the high yields available on debt instruments that are usually issued only in large denominations. Pooling also allows diversification with respect to the maturity of instruments. MMFs can choose maturities that coincide with their own cash flow projections and, thus, minimize the cost associated with the liquidation of holdings prior to maturity. Two MMFs are used as examples to explain the characteristics of the industry. JF - Federal Home Loan Bank Board Journal AU - Losey, Robert L AU - King, A Thomas Y1 - 1980/09// PY - 1980 DA - Sep 1980 SP - 7 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 9 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Requirements KW - Portfolio investments KW - Money markets KW - Liquidity KW - Funds KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222463275?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Shares+in+Money+Market+Funds%3A+A+Promising+Tool+for+Managing+S%26amp%3BL+Liquidity&rft.au=Losey%2C+Robert+L%3BKing%2C+A+Thomas&rft.aulast=Losey&rft.aufirst=Robert&rft.date=1980-09-01&rft.volume=13&rft.issue=9&rft.spage=7&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Sources and Uses of Funds: Second Quarter 1980 AN - 222407198; 00133913; 00092415 AB - Savings receipts at savings and loan associations (S & Ls) remained weak during the second quarter of 1980, despite a significant decline in market interest rates from record levels. S & Ls used a substantial portion of available funds to reduce their high-cost-indebtedness and to add to their liquidity position. As a result, mortgage lending declined further-to a 51/2-year low. However, forward mortgage lending commitments increased sharply in June, indicating an improvement in lending activity over the coming months. Net new savings receipts at federally insured S & Ls remained negative in April, turned strongly positive in May, and then turned slightly negative again in June. Mortgage loan repayments, the other primary source of funds, dropped off, reflecting a decline in mortgage lending activity from the first to the second quarter. The limited supply and increased cost of funds available for mortgage lending pushed the mortgage rate up. S & Ls increased their holdings of liquid assets during the second quarter reflecting a record buildup in May. For the first time since 1975, associations reduced their indebtedness during the second quarter. JF - Federal Home Loan Bank Board Journal AU - Zabrenski, Stephen T Y1 - 1980/09// PY - 1980 DA - Sep 1980 SP - 24 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 9 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Repayments KW - Mortgages KW - Loans KW - Liquidity KW - Funds statements KW - Borrowing KW - 8120:Retail banking services KW - 4100:Accounting UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407198?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Sources+and+Uses+of+Funds%3A+Second+Quarter+1980&rft.au=Zabrenski%2C+Stephen+T&rft.aulast=Zabrenski&rft.aufirst=Stephen&rft.date=1980-09-01&rft.volume=13&rft.issue=9&rft.spage=24&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Longer Term Planning: Bank Districts Plan for the Future AN - 222407110; 00133910 AB - The increasingly volatile nature of the financial markets of today, together with the recent structural changes within the savings and loan (S & L) industry, provides ample evidence of the continued potential for major financial demands on the 12 Federal Home Loan Banks (FHLB). Coordinated by the Bank System's Office of Finance, a planning project took place in which each FHLB was requested to submit a ''most likely'' scenario to cover the next 2 years. From those scenarios received, 3 scenarios were constructed involving: 1. moderate recession, 2. prolonged recession, and 3. volatile markets. The District Banks were asked to estimate the financial effects of the 3 scenarios on their institutions. The value of longer-term planning is as a tool to determine possible levels of advances. It also provides some idea of the future effects of current financing strategy and allows District Banks to act now to lessen potential problems. Consistency from one longer-term planning project to the next is valuable since it indicates likely System behavior. The results of the project indicate that neither advances nor deposits will decline greatly, growth in liquidity will not be a problem, large bond sales will be necessary, and earnings will not be substantially weaker over the next 2 years. JF - Federal Home Loan Bank Board Journal AU - Rosenberg, Joel Y1 - 1980/09// PY - 1980 DA - Sep 1980 SP - 10 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 9 SN - 07370725 KW - Public Administration KW - Planning KW - Member KW - Long term KW - Loans KW - Liquidity KW - Forecasts KW - Earnings KW - Advances KW - 8100:Financial services industry KW - 9550:Public sector organizations UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407110?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Longer+Term+Planning%3A+Bank+Districts+Plan+for+the+Future&rft.au=Rosenberg%2C+Joel&rft.aulast=Rosenberg&rft.aufirst=Joel&rft.date=1980-09-01&rft.volume=13&rft.issue=9&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Home Loan Bank System N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1980 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Corporate Objectives: The Forgotten Board Committee AN - 222407039; 00133908 AB - Savings and loan association (S & L) directors and officers are more concerned about the present rather than the long-term viability of the institution. The corporate objectives committee identifies goals, establishes specific objectives or targets to bring a strategic philosophy to life, makes evaluations, offers suggestions, and approves a plan. Seven questions that need to be addressed are: 1. What service are we selling? 2. What is our product strategy? 3. What effect will the dramatic change in our population mix have on the industry in general and the association in particular? 4. What will be the effect of the fundamental changes in the economy? 5. How can we defend our business from competitors? 6. What acquisitions, if any, make sense? 7. How does our view of the future, our plan, and our product strategy relate to talent requirements? Recognizing the importance of responding to the demands created and the pressures caused by immediate operating considerations, there cannot be anything more important to the long-term interests of the S & L than how it prepares for and plans to prosper in the future. How the committee exercises its responsibilities will depend upon the operating style of the individual association and board. JF - Federal Home Loan Bank Board Journal AU - Caldwell, Donald R AU - Ward, Joe K Y1 - 1980/09// PY - 1980 DA - Sep 1980 SP - 2 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 9 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Roles KW - Responsibilities KW - Objectives KW - Committees KW - Boards of directors KW - 2100:Administration & management personnel KW - 8120:Retail banking services UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222407039?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=Corporate+Objectives%3A+The+Forgotten+Board+Committee&rft.au=Caldwell%2C+Donald+R%3BWard%2C+Joe+K&rft.aulast=Caldwell&rft.aufirst=Donald&rft.date=1980-09-01&rft.volume=13&rft.issue=9&rft.spage=2&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1980 N1 - Last updated - 2014-05-20 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Reduction of Interest Rate Risk Susceptibility at S & Ls: How It Can Be and Has Been Done AN - 222398690; 00133911 AB - The sharp rise in interest rates in late 1979 and early 1980 has made it clear how savings and loans (S & Ls) are exposed to interest rate risk (IRR). IRR is a phenomenon that occurs when S & Ls have many assets with long maturities and many liabilities with short maturities, and changes in interest rates create disruption and potential losses in their operations. The theoretical aspects of how an S & L can reduce its susceptibility to IRR is reviewed, and the extent to which S & Ls have reduced their IRR exposure during the last decade is examined. A non-quantitative summary of a model developed to show how IRR susceptibility can be reduced is presented. The model is based on economic definitions of yield instead of accounting definitions. Correlation coefficients measure the extent to which any 2 yields move in the same direction. The riskiness of an S & L is defined as the variance of the ratio of economic income to the market value of the equity. Substantial portfolio changes have occurred during the 1970s in terms of the actual assets and liabilities of S & Ls. Changes have occurred in the areas of mortgage-backed securities, alternative mortgages, mobile home and consumer loans, and investment in service corporations. Shifts that appear in balance sheets from 1970 and 1978 are discussed. JF - Federal Home Loan Bank Board Journal AU - Woerheide, Walt Y1 - 1980/09// PY - 1980 DA - Sep 1980 SP - 16 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 9 SN - 07370725 KW - Public Administration KW - Yield KW - Securities KW - Savings & loan associations KW - Risk KW - Mortgages KW - Liabilities KW - Interest rates KW - Correlations KW - Changes KW - Bank portfolios KW - Assets KW - 8120:Retail banking services KW - 3400:Investment analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222398690?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Reduction+of+Interest+Rate+Risk+Susceptibility+at+S+%26amp%3B+Ls%3A+How+It+Can+Be+and+Has+Been+Done&rft.au=Woerheide%2C+Walt&rft.aulast=Woerheide&rft.aufirst=Walt&rft.date=1980-09-01&rft.volume=13&rft.issue=9&rft.spage=16&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1980 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - The Historical Adequacy of the FSLIC Reserve Fund AN - 222398603; 00133912; 00092414 AB - The historical record of expenditures by the Federal Savings and Loan Insurance Corporation (FSLIC) is reviewed. Evidence indicates that on an annual basis, there have never been disbursements out of the FSLIC reserve fund. Thus, the FSLIC system has been safe, at least in the past, and will be adequate over the next decade. The implication of this conclusion is that the level of risk can increase and still have a safe deposit insurance system. An increase in risk can be realized in 3 general ways: 1. Deregulate by relaxing the asset-and-liability structure of S & Ls. 2. Lower the capital requirement. 3. Lower the insurance premium rate. All of these options are being pursued in one form or another, and efforts should be directed toward contingency arrangements for a federal bailout of FSLIC if a national economic disaster should occur. The argument for the latter is that the federal government is the basic cause of such disasters and, thus, should be held responsible for the consequences. JF - Federal Home Loan Bank Board Journal AU - Cassidy, Henry J Y1 - 1980/09// PY - 1980 DA - Sep 1980 SP - 20 CY - Washington PB - Superintendent of Documents, Federal Home Loan Bank Board VL - 13 IS - 9 SN - 07370725 KW - Public Administration KW - Savings & loan associations KW - Reserves KW - Funds KW - Effectiveness KW - Capital requirements KW - 8120:Retail banking services KW - 3100:Capital & debt management KW - 9190:US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/222398603?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Home+Loan+Bank+Board+Journal&rft.atitle=The+Historical+Adequacy+of+the+FSLIC+Reserve+Fund&rft.au=Cassidy%2C+Henry+J&rft.aulast=Cassidy&rft.aufirst=Henry&rft.date=1980-09-01&rft.volume=13&rft.issue=9&rft.spage=20&rft.isbn=&rft.btitle=&rft.title=Federal+Home+Loan+Bank+Board+Journal&rft.issn=07370725&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Savings & Loan Insurance Corp N1 - Copyright - Copyright Superintendent of Documents, Federal Home Loan Bank Board Sep 1980 N1 - Last updated - 2014-05-24 N1 - CODEN - JFHLAY ER - TY - JOUR T1 - Empty Houses: Abandoned Residential Buildings in the Inner City AN - 60912324; 73G3469 AB - The paradoxical problem of the withdrawal of large numbers of residential properties from the housing market at the same time most large cities are faced with a housing shortage is examined. The problems engulfing the stock of low-income housing in the inner city are examined. A 21-block area of Washington, DC was studied to discover the causes of the problem. The findings show that a great many interrelated factors are involved & some recommendations toward a solution are offered. Numerous articles & studies relating to inner-city blight & Ur renewal provided valuable source material. Sections deal specifically with the factors of operating costs, absentee ownership, housing manag, speculative financing, tenants, taxes, zoning, Ur renewal, code enforcement, condemnation, welfare, rehabilitation, emergency repair programs, & recently proposed federal legislation. Shortcomings in these areas are discussed, & specific programatic & legal changes are suggested. AA. JF - Howard Law Journal AU - Nachbaur, William T AD - Federal Home Loan Bank Board, Washington, DC Y1 - 1971///0, PY - 1971 DA - 0, 1971 SP - 3 EP - 68 VL - 17 IS - 1 SN - 0018-6813, 0018-6813 KW - A study of housing abandonment in the inner-city through a study of Washington, DC KW - Housing KW - Poverty KW - Urban (see also Ru/Ur) KW - article KW - 1218: urban sociology; urban sociology UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60912324?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocabs&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Howard+Law+Journal&rft.atitle=Empty+Houses%3A+Abandoned+Residential+Buildings+in+the+Inner+City&rft.au=Nachbaur%2C+William+T&rft.aulast=Nachbaur&rft.aufirst=William&rft.date=1971-01-01&rft.volume=17&rft.issue=1&rft.spage=3&rft.isbn=&rft.btitle=&rft.title=Howard+Law+Journal&rft.issn=00186813&rft_id=info:doi/ LA - English DB - Sociological Abstracts N1 - Date revised - 2007-04-01 N1 - Last updated - 2016-09-28 N1 - CODEN - HWLJA9 N1 - SubjectsTermNotLitGenreText - Housing; Urban (see also Ru/Ur); Poverty ER - TY - BOOK T1 - The Federal Home Loan Bank system, 1932-1952 AN - 37456586; 138305a JF - The Federal Home Loan Bank system, 1932-1952 AU - Federal Home Loan Bank Board Y1 - 1952 PY - 1952 DA - 1952 SP - 73 PB - Washington KW - Economics KW - History of economic life KW - twentieth century KW - Economic history UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37456586?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Federal+Home+Loan+Bank+Board&rft.aulast=Federal+Home+Loan+Bank+Board&rft.aufirst=&rft.date=1952-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Federal+Home+Loan+Bank+system%2C+1932-1952&rft.title=The+Federal+Home+Loan+Bank+system%2C+1932-1952&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER -