Nomination of Michael Greenebaum: Hearing, Eighty-ninth Congress, First Session, on the Nomination of Michael Greenebaum to be a Member of the Federal Home Loan Bank Board, March 15, 1965U.S. Government Printing Office, 1965 - 10 lappuses |
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advice and consent AESS annum approved BANKING AND CURRENCY basic functions Board of Trustees COMMITTEE ON BANKING CONG CONGRES HE LIBRARY CONGRESS G CONGRESS LIBRARY CONGRESS RESS CONGRESS THE LIBRARY CONGRESS THE RES constituent agencies Defense Homes Corporation endorse the nomination EXCERPT Federal Home Loan Federal Housing Administration Federal Savings functions transferred funds GRESS Home Finance Agency Home Loan Bank Home Owners Housing and Home Housing Authority insurance of accounts Insured Savings Associations June 30 Lake Michigan Mortgage League of Insured LIBRARY OF CONGRES LIBRARY OF CONGRESS LIBRARY RES loan associations Loan Bank Board Loan Corporation Loan Insurance Corporation Loan League MICHAEL GREENEBAUM National Housing Agency National League NOMINATION OF MICHAEL Office of Administration performance policies President shall designate Public Housing Administration pursuant regulations Reorganization Plan RES LIBRARY respect RESS THE LIBRARY Savings and Loan Stat three members U.S. Savings United States Housing WILLIS ROBERTSON
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6. lappuse - Prepared by the President and transmitted to the Senate and the House of Representatives in Congress assembled, April 24, 1958, pursuant to the provisions of the Reorganization Act of 1949, approved June 20, 1949, as amended CIVILIAN MOBILIZATION SECTION 1.
6. lappuse - Federal savings and loan associations in the following language: "(a) In order to provide local mutual thrift institutions in which people may invest their funds, and in order to provide for the financing of homes, the Board is authorized, under such rules and regulations as it may prescribe, to provide for the organization, incorporation, examination, operation, and regulation of associations to be known as 'Federal Savings and Loan Associations,' and to issue charters therefor, giving primary consideration...
6. lappuse - Corporation, respectively, shall have and may exercise all functions which they respectively had or could exercise, immediately prior to the effective date of the Housing Amendments of 1955 or immediately prior to the effective date of the Independent Offices Appropriation Act, 1955. Said board shall annually make a report of its operations (including those of the Federal Savings and Loan Insurance Corporation) to the Congress as soon as practicable after the first day of January in each year. The...
4. lappuse - Loan Act, approved June 13, 1933, gave authority to the Board to charter and supervise local mutual institutions to be known as Federal savings and loan associations. These associations were to serve as a means of encouraging local thrift and home financing. On June 27...
5. lappuse - Bank, shall receive a salary at the rate of $20,000 ' per annum. Before entering upon his duties, each of the directors shall take an oath faithfully to discharge the duties of his office.
6. lappuse - The board shall supervise the Federal Home Loan Banks created by this \ct, shall perform the other duties specifically prescribed by this Act, and shall have power to adopt, amend, and require the observance of such rules, regulations, and orders as shall be necessary from time to time for carrying out the purposes of the provisions of this Act.
8. lappuse - Chairman, the executive and administrative functions of the Commission, including functions of the Commission with respect to (1) the appointment and supervision of personnel employed under the Commission, (2) the distribution of business among such personnel and among administrative units of the Commission, and (3) the use and expenditure of funds.
4. lappuse - Bank Administration," the units formerly under the Board being retained. The Executive Order placed the Board under the National Housing Agency, together with the Federal Housing Administration and the Federal Public Housing Authority. Under Reorganization Plan No. 3 of 1947, effective July 27, 1947, a bipartisan Board of three members was substituted for the single Commissioner and the "Home Loan Bank Board" became a component part of the Housing and Home Finance Agency.
5. lappuse - For the purposes of this Act there shall be a board, to be known as the "Federal Home Loan Bank Board", which shall consist of five citizens of the United States appointed by the President of the United States, by and with the advice and consent of the Senate. Not more than three members of the board shall be members of the same political party. Each member shall devote his entire time to the business of the board. Before...
8. lappuse - ... by the Federal Home Loan Bank Board, the board of directors of the association shall cause the remainder of the net earnings of the association for the 6 months...