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Thursday, July 30, 2020 | History

2 edition of Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991 found in the catalog.

Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs.

Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991

report together with supplemental views (to accompany H.R. 3435) (including cost estimate of the Congressional Budget Office).

by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs.

  • 14 Want to read
  • 32 Currently reading

Published by U.S. G.P.O. in [Washington, D.C.? .
Written in English

    Subjects:
  • Resolution Trust Corporation (U.S.) -- Appropriations and expenditures.,
  • Resolution Trust Corporation (U.S.) -- Management.

  • Edition Notes

    SeriesReport / 102d Congress, 1st session, House of Representatives -- 102-358., Rept. / 102d Congress, 1st session, House of Representatives -- 102-358.
    The Physical Object
    Pagination2 v. ;
    ID Numbers
    Open LibraryOL17661899M

      Financial Institutions Reform, Recovery, and Enforcement Act of (FIRREA) Resolution Trust Corporation Funding Act of Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act. Prior to passage of the Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of , bank regulators adopted the general rule that the capital charge for the off-balancesheet exposure of an asset sold with recourse is based on the entire outstanding principal balance of the asset, regardless of actual recourse exposure.

    ↑ H.R. , Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of , 12 December , nd Congress. This article includes a list of references, but its sources remain unclear because it has insufficient inline citations. required by the RTC Refinancing, Restructuring, and Improvement Act of Instead, RTC reported only gross sales proceeds. Further, RTC underreported the book value of assets sold at these auctions, because it did not include all the assets offered in the auctions and did not amend the data.

    Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of , Pub. L. No. , Stat. (“Act”), which the Presi­ dent signed on Decem Although certain of the substantive provisions of the Act do not take effect until February 1, , see title III of the Act, the provision creating the. the Oversight Board for the Resolution Trust Corporation (RTC) by the Financial Institutions Reform, Recovery, and Enforcement Act of The Board's name, membership and duties were altered by the RTC Refinancing, Restructuring, and Improvement Act of , effective February 1,


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Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991 by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Download PDF EPUB FB2

Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act ofalso known as Restructuring Act to Provide Funding for the Resolution of Failed Savings Associations and Working Capital for the Resolution Trust Corporation, to Restructure the Oversight Board and the Resolution Trust Corporation, and for Other PurposesPublic Lawd Congress, H.R.

by United. H.R. (nd). To provide funding for the resolution of failed savings associations and working capital for the Resolution Trust Corporation, to restructure the Oversight Board and the Resolution Trust Corporation, and for other purposes.

Ina database of bills in the U.S. Congress. Get this from a library. Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of report together with supplemental views (to accompany H.R. ) (including cost estimate of the Congressional Budget Office).

[United States. Congress. House. Committee on Banking, Finance, and Urban Affairs.]. Passed House amended (11/27/) Resolution Trust Restructuring Refinancing, Restructuring, and Improvement Act of - Title I: Resolution Trust Corporation Refinancing - Amends the Federal Home Loan Bank Act to provide additional interim funding for the Resolution Trust Corporation (RTC) not to exceed $25, until April 1, This Act may be cited as the `Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of '.

TITLE I--RESOLUTION TRUST CORPORATION REFINANCING SEC. THRIFT RESOLUTION FUNDING PROVISIONS. The Resolution Trust Corporation (RTC) was a U.S. government -owned asset management company run by Lewis William Seidman and charged with liquidating assets, primarily real estate -related assets such as mortgage loans, that had been assets of savings and loan associations (S&Ls) declared insolvent by the Office of Thrift Supervision (OTS) as a consequence of the savings and.

Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act ofalso known as An Act to Provide Funding for the Resolution of Failed Savings Associations and Working Capital for the Resolution Trust Corporation, to Restructure the Oversight Board and the Resolution Trust Corporation, and for Other Purposes; Public Lawd Congress, H.R.

by. This Act may be cited as the ‘Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of ’. TITLE I--RESOLUTION TRUST CORPORATION REFINANCING SEC.

THRIFT RESOLUTION FUNDING PROVISIONS. Statutory multifamily mortgage Statutory multifamily mortgage means a loan secured by a multifamily residential property that meets the requirements under section (1) of the Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of The Resolution Trust Corporation (RTC) hereby promulgates a final rule implementing section (c) of the Financial Institutions Reform, Recovery and Enforcement Act of (FIRREA), section of the RTC Refinancing, Restructuring and Improvement Act of (RRIA) and section 21A (w) of the Federal Home Loan Bank Act (FHLBA), which was added.

44 rows  Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of. FDIC improvement act of and RTC refinancing, restructuring, and improvement act of [Matthew Bender (Firm);] Home Book: All Authors / Contributors: Matthew Bender (Firm) OCLC Number: Description: 65 pages ; 24 cm: Other Titles: Resolution Trust Corporation refinancing, restructuring and improvement act of RTC.

Effective Decemas provided by the Resolution Trust Corporation Refinancing, Restructuring and Improvement Act ofthe FICO's ability to issue new debt was terminated. Outstanding FICO bonds, which are year noncallable bonds with a principal amount of approximately $ billion, mature in through The Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of terminated FICO's borrowing authority.

By that time FICO had issued bonds for $ billion with fixed maturities of 30 years. } The Senate passed S. to repeal section of the Resolution Trust Corporation, Refinancing, Restructuring, and Improvement Act of } The Senate passed H.R.

to amend the Public. Inmotivated by a number of issues, including the RTC’s need for interim funding and concerns that its dual board structure was cumbersome and inefficient (for example, the Oversight Board had to approve policies recommended by the RTC/FDIC board), Congress passed the RTC Refinancing, Restructuring, and Improvement Act of (P.L.

providing for the consideration of the bill h.r. ; resolution trust corporation refinancing, restructuring, and improvement act of nov: h r on agreeing to the conference report: p: omnibus crime control act of nov: h r recommit conference report with instructions: f: omnibus crime control act of Comments: The RTC Refinancing, Restructuring and Improvement Act of restructured RTC and the Oversight Board.

As a result, the Oversight Board is no longer required to approve RTC policies. However, RTC began implementing its self-insurance program in March Methodology FIUEA and section of the RTC Refinancing, Restructuring, and Improvement Act of In this report we specifically (1) discuss the approaches employed by Treasury, FLHC, OTS, and RTC to satisfy the statutory requirements and (2) provide information on.

The Resolution Trust Cor-poration Refinancing, Restructuring, and Improvement Act of termin- The sole purpose of REFCORP was to provide financing for the Resolution Trust Corporation (RTC. Pub. L. –18, §1, Mar. 23,Stat. 58, provided that: "This Act [amending sections a and of this title and enacting provisions set out as notes under section a of this title] may be cited as the 'Resolution Trust Corporation Funding Act of '.".Resolution Trust Corporation.

- RTC at a Glance ($ in Millions) 12/31/90 pursuant to the passage of the RTC Refinancing, Restructuring, and Improvement Act (RTCRRIA) of $ billion had been authorized by FIRREA, and another $30 billion had been authorized by the RTC Funding Act of Additionally, the RTC had $  $30 billion under the RTC Funding Act of ; and $25 billion (available until April 1, ) under the Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of Of the funds provided, $85 billion has been obligated, and $18 billion cannot be used because it was available only through Ma The.