A hearing to discuss the General Accounting Office (GAO) audit of the Federal Housing Finance Board, which is the safety a soundness a mission regulator of the Federal Home Loan Bank. Witnesses: Richard S. Carnell, Assist. Sec. of the Treasury for Financial Institutions; Nancy R. Kingsbury, Acting Assistant Comptroller General, General Government Programs, GAO, accompanied by Thomas J. McCool, Dir., Financial Institutions a Markets; a Bruce A. Morrison, Chairman, Federal Housing Finance Board. Also includes a prepared statement submitted by Federal Housing Finance Board Director J. Timothy O'Neill.While the examination manual is fhfba#39;s primary source of examination policy and guidance, examiners routinely did not follow its procedures during examinations. Examiners did not always fully assess critical elements of bank operations, such anbsp;...
|Title||:||The Federal Housing Board's Responsibility for Safety and Soundness and Mission Regulation of the Federal Home Loan Bank System|
|Author||:||Richard H. Baker|
|Publisher||:||DIANE Publishing - 2000-07|