Legislation passed by the U.S. government in 1932 in response to the failure of the banking system. The Act was designed to assist individuals by creating a system that provided low cost funds to banks to use in mortgage and loan creation. It created the Federal Home Loan Bank system.
Related information about Federal Home Loan Bank Act:
- Federal Home Loan Bank Act - Wikipedia, the free encyclopedia
The Federal Home Loan Bank Act, Pub.L. 72-304, 47 Stat. 725, enacted July 22, 1932, is a United States federal law passed under President Herbert Hoover in ...
- Federal Home Loan Bank Act Definition | Investopedia
The Federal Home Loan Bank Act was the first in a series of bills that sought to make home ownership an achievable goal for more Americans.
- Federal Housing Finance Agency - FHLBank Act
The terms "Finance Board" and "Board" mean the Federal Housing Finance Board established under section 2A of the Federal Home Loan Bank Act [12 U.S.C. ...
- Federal Home Loan Bank Act
The role of Federal Home Loan Bank Act in the history of the United States of America.
- Statement About Signing the Federal Home Loan Bank Act.
THE PRESIDENT said: "I have today signed the home loan bank bill. This institution has been created on the general lines advocated by me in a statement to ...
- Federal Home Loan Bank Act: Definition from Answers.com
Federal Home Loan Bank Act An act passed by the Hoover administration in 1932 that was designed to encourage home ownership by providing a source.
- Federal Home Loan Bank Act (United States [1931]) -- Britannica ...
At the same time, in January 1932, new capital was arranged for federal land banks. The Glass–Steagall Act provided gold to meet foreign withdrawals and ...
- Federal Home Loan Bank Act (1932) Study Guide & Homework Help ...
Major Acts of Congress - Federal Home Loan Bank Act (1932)