Resolution Trust Corporation:
Real Estate Activities in Southeast Pennsylvania
GGD-91-4FS: Published: Nov 9, 1990. Publicly Released: Nov 9, 1990.
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Pursuant to a congressional request, GAO provided information on the Resolution Trust Corporation's (RTC) real estate holdings and property management activities in southeastern Pennsylvania, focusing on: (1) thrifts and real estate assets placed under RTC control; (2) the names and salaries of high-value real estate property managers; (3) the sale and purchase of real estate assets; and (4) the number of real estate agents qualified or disqualified and reasons for disqualification.
GAO found that: (1) RTC resolved one thrift in the review area under a purchase and assumption agreement in October 1989; (2) 5 of the resolved thrifts' 575 real estate assets under RTC control were located in the review area, and there were two other real estate assets under RTC control in the review area that were owned by thrifts located elsewhere; (3) RTC selected a property management firm, but did not award a contract, to cover several properties in eastern Pennsylvania; (4) RTC awarded a contract to determine the extent of environmental problems in some office buildings; and (5) RTC did not require registration of real estate agents due to existing state laws and regulations, but did require registration of real estate brokers interested in handling RTC property.
Jan 28, 2021
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Macroprudential Oversight:
Principles for Evaluating Policies to Assess and Mitigate Risks to Financial System StabilityGAO-21-230SP: Published: Jan 28, 2021. Publicly Released: Jan 28, 2021.
Dec 16, 2020
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Financial Stability:
Agencies Have Not Found Leveraged Lending to Significantly Threaten Stability but Remain Cautious Amid PandemicGAO-21-167: Published: Dec 16, 2020. Publicly Released: Dec 16, 2020.
Dec 10, 2020
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Federal Reserve Lending Programs:
Use of CARES Act-Supported Programs Has Been Limited and Flow of Credit Has Generally ImprovedGAO-21-180: Published: Dec 10, 2020. Publicly Released: Dec 10, 2020. -
Financial Assistance:
Lessons Learned from CARES Act Loan Program for Aviation and Other Eligible BusinessesGAO-21-198: Published: Dec 10, 2020. Publicly Released: Dec 10, 2020.
Sep 22, 2020
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Anti-Money Laundering:
Opportunities Exist to Increase Law Enforcement Use of Bank Secrecy Act Reports, and Banks' Costs to Comply with the Act VariedGAO-20-574: Published: Sep 22, 2020. Publicly Released: Sep 22, 2020.
Sep 4, 2020
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Bank Supervision:
FDIC Could Better Address Regulatory Capture RisksGAO-20-519: Published: Sep 4, 2020. Publicly Released: Sep 4, 2020.
Jul 21, 2020
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Financial Company Bankruptcies:
Congress and Regulators Have Updated Resolution Planning RequirementsGAO-20-608R: Published: Jul 21, 2020. Publicly Released: Jul 21, 2020.
Jul 6, 2020
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Public Companies:
Disclosure of Environmental, Social, and Governance Factors and Options to Enhance ThemGAO-20-530: Published: Jul 2, 2020. Publicly Released: Jul 6, 2020.
Apr 30, 2020
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Priority Open Recommendations:
Department of the TreasuryGAO-20-549PR: Published: Apr 23, 2020. Publicly Released: Apr 30, 2020.
Apr 27, 2020
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Priority Open Recommendations:
Board of Governors of the Federal Reserve SystemGAO-20-499PR: Published: Apr 20, 2020. Publicly Released: Apr 27, 2020.
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