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Federal Home Loan Bank Board information


Federal Home Loan Bank Board
Seal
Board overview
FormedJuly 22, 1932 (1932-07-22)
DissolvedOctober 8, 1989 (1989-10-08)
Superseding agencies
  • Federal Housing Finance Board
  • Office of Thrift Supervision

The Federal Home Loan Bank Board (FHLBB) was a U.S. board created by the Federal Home Loan Bank Act in 1932 that governed the Federal Home Loan Banks (FHLB or FHLBanks), also created by the act; the Federal Savings and Loan Insurance Corporation (FSLIC); and nationally-chartered thrifts.[1] It was abolished and superseded by the Federal Housing Finance Board and the Office of Thrift Supervision in 1989 due to the savings and loan crisis of the 1980s, as Federal Home Loan Banks gave favorable lending to the thrifts it regulated, leading to regulatory capture.[1]

  1. ^ a b Day, Kathleen (2019). Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street. Yale University Press. pp. 134–142. ISBN 9780300223323. LCCN 2018943787.

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and Loan. From June 1979 to December 1981, assets grew from $2.6 million to $3.8 million. In April 1982, an audit by the Federal Home Loan Bank Board, the...

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deposits which U.S. District Judge Dale E. Saffels, a former Federal Home Loan Bank Board President, found at trial to be less expensive and more reliable...

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conditions created by the Federal Home Loan Bank Board, which made generous arrangements for the takeover of several failed thrifts. The bank was a 50-50 partnership...

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