Real property (51 - 54 of 54 items)
The Federal Savings and Loan Insurance Corporation--Current Financial Condition and Outlook
T-AFMD-88-12: Published: May 19, 1988. Publicly Released: May 19, 1988.
GAO discussed the Federal Savings and Loan Insurance Corporation's (FSLIC) financial condition. GAO noted that, during 1987: (1) one-third of the 3,147 FSLIC-insured savings and loan institutions experienced $13.4 billion in losses due to diversification into riskier activities, the high cost of funds, and insufficient management; (2) 500 insolvent institutions and 435 barely solvent institutions...
Thrift Industry: The Management Consignment Program
GGD-87-115BR: Published: Sep 10, 1987. Publicly Released: Sep 10, 1987.
In response to a congressional request, GAO reviewed the financial condition of thrift institutions in the Federal Savings and Loan Insurance Corporation's (FSLIC) Management Consignment Program (MCP), which provides short-term management contracts for troubled thrifts until they can be sold, merged, or closed, focusing on forms of assistance extended to such thrifts and their performance since en...
Bank Powers: Insulating Banks From the Potential Risks of Expanded Activities
GGD-87-35: Published: Apr 14, 1987. Publicly Released: Apr 14, 1987.
GAO reported on a proposed method to permit banks to participate in expanded activities while insulating their insured deposits from risky activities by organizationally separating the new activities from traditional bank operations. Banks generally operate these nontraditional activities under one of their departments, a subsidiary, a holding company subsidiary, or a bank service corporation.GAO...
Examination of the Federal Savings and Loan Insurance Corporation's Financial Statements for the Years Ended December 31, 1984 and 1983
AFMD-85-60: Published: Jul 16, 1985. Publicly Released: Jul 16, 1985.
GAO examined the statements of the financial position of the Federal Savings and Loan Insurance Corporation (FSLIC) as of December 31, 1984 and 1983, and the related statements of income and expense and reserves, and changes in financial position for the years then ended in accordance with generally accepted government auditing standards.As of December 31, 1984, FSLIC held $1.8 billion in claims a...