Federal Home Loan Bank Act

id: federal-home-loan-bank-act-287-8982677
title: Federal Home Loan Bank Act
text: The Federal Home Loan Bank Act, Pub. L.Tooltip Public Law 72–304, 47 Stat. 725, enacted July 22, 1932, is a United States federal law passed under President Herbert Hoover in order to lower the cost of home ownership. It established the Federal Home Loan Bank Board to charter and supervise federal savings and loan institutions. It also created the Federal Home Loan Banks which lend to building and loan associations, cooperative banks, homestead associations, insurance companies, savings banks, c
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category slug: encyclopedia
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original url: https://en.wikipedia.org/wiki/Federal_Home_Loan_Bank_Act
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date modified: 2024-04-16T05:06:57Z
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image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5c/Great_Seal_of_the_United_States_%28obverse%29.svg","width":600,"height":600}
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