Thrift Industry: Forbearance for Troubled Institutions 1982-1986

GGD-87-78BR Published: May 06, 1987. Publicly Released: May 06, 1987.

Highlights

Pursuant to a congressional request, GAO reviewed the Federal Home Loan Bank Board's (FHLBB) use of forbearance in the thrift industry. Forbearance is the practice of giving a financially troubled thrift time to work out its problems, rather than closing or merging it.

Full Report

Full Report (37 pages)

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Topics

Auditing and Financial Management

Administrative remediesBank failuresBank managementBank reservesCapitalForeclosuresInterest ratesLending institutionsSavings and loan associationHome loans