Resolving Large Financial Intermediaries: Banks Versus Housing Enterprises
- Topics:
- Commercial Banking
- Tags:
- Bank,
- Federal Reserve Bank Of Atlanta,
- Financial,
- Human Resources,
- Supervisor,
- Workforce Management
- Source:
- Federal Reserve Bank of Atlanta
FREE Registration is required
Overview: Key Congressional committees have recently devoted considerable attention to the organizational structure and powers of the supervisor of Fannie Mae and Freddie Mac. According to this report, one of the most contentious issues in that debate is whether the supervisor should have receivership powers in the event that either housing enterprise becomes insolvent. Proponents argue that the supervisor should be given powers similar to those the Federal Deposit Insurance Corporation has for commercial banks. Opponents argue that the current arrangement would rely upon Congress to determine the ultimate resolution of a failed housing enterprise and that is satisfactory and should be continued.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 378KB | Date: Oct 2004 | Pages: 69
People who downloaded this item also downloaded
 |
Institutional Investors in Germany: Insurance Companies and Investment Funds |
|
Financial Intermediation |
