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United States. Federal Home Loan Bank Board

The Federal Home Loan Bank Board (FHLBB) was a board created in 1932 that governed the Federal Home Loan Banks also created by the act, the Federal Savings and Loan Insurance Corporation (FSLIC) and nationally-chartered thrifts. It was abolished and superseded by the Federal Housing Finance Board and the Office of Thrift Supervision in 1989 due to the savings and loan crisis of the 1980s, as Federal Home Loan Banks gave favorable lending to the thrifts it regulated leading to regulatory capture. (Source: Wikipedia)

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VARIANT NAMES:

  • United States Federal Home Loan Bank Administration. Federal Home Loan Bank Board
  • United States National Housing Agency. Federal Home Loan Bank Board
  • Federal Home Loan Bank Board (U.S.)
  • FHLBB

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