The Federal Home Loan Bank Board (FHLBB) was a board created by the Federal Home Loan Bank Act of 1932 that created and oversaw the Federal Home Loan Banks (FHLB or FHLBanks) also created by the act. It was superseded by the Federal Housing Finance Board and the Office of Thrift Supervision in the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA).
Famous quotes containing the words federal, home, loan, bank and/or board:
“It is odd that the NCAA would place a school on probation for driving an athlete to class, or providing a loan, but would have no penalty for a school that violates Title IX, a federal law.”
—Cardiss L. Collins (b. 1931)
“I will never again go to people under false pretenses even if it is to give them the Holy Bible. I will never again sell anything, even if I have to starve. I am going home now and I will sit down and really write about people.”
—Henry Miller (1891–1980)
“... the ... thing I am proudest of in my whole business life is that I do not take, that I never took in all my life, and never, never! will take, one single penny more than 6% on any loan or any contract.”
—Hetty Green (1834–1916)
“A self is, by its very essence, a being with a past. One must look lengthwise backwards in the stream of time in order to see the self, or its shadow, now moving with the stream, now eddying in the currents from bank to bank of its channel, and now strenuously straining onwards in the pursuit of its chosen good.”
—Josiah Royce (1855–1916)
“During depression the world disappears. Language itself. One has nothing to say. Nothing. No small talk, no anecdotes. Nothing can be risked on the board of talk. Because the inner voice is so urgent in its own discourse: How shall I live? How shall I manage the future? Why should I go on?”
—Kate Millett (b. 1934)