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The Administration of the Federal Family Education Loan and William D. Ford Direct Loan Programs: Background and Provisions

Description: This report discusses the history and current status of federal student loan programs. Specifically, the report focuses on the Federal Family Education Loan (FFEL) and the William D. Ford Direct Loan (DL). Moreover, the report highlights differences in the two programs such as that the FFEL is financed by private lenders, while the DL is financed by the federal government.
Date: September 29, 2006
Creator: Stoll, Adam
Partner: UNT Libraries Government Documents Department
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Accounting Problems at Fannie Mae

Description: This report summarizes the critiques the Office of Federal Housing Enterprise Supervision (OFHEO) made of accounting practices at Fannie Mae. The OFHEO's two main issues are under the domains of: amortization of discounts, premiums, fees involved in the purchase of home mortgages, and the other being accounting for financial derivatives contracts. The report emphasizes that these discrepancies created a false image of the company's earnings and in one case was the cause of the company's executi… more
Date: November 16, 2004
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department
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Foreign Ownership of U.S. Financial Assets: Implications of a Withdrawal

Description: This report provides an overview of the role foreign investment plays in the U.S. economy. It also includes an assessment of possible actions a foreign investor or a group of foreign investors might choose to take to liquidate their investments in the United States.
Date: July 4, 2008
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
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Credit Default Swaps: Frequently Asked Questions

Description: Credit default swaps are contracts that provide protection against default by third parties, similar to insurance. These financial derivatives are used by banks and other financial institutions to manage risk. This report defines credit default swaps, explains their use by banks for risk management, and discusses the potential for systemic risk.
Date: September 9, 2008
Creator: Murphy, Edward Vincent
Partner: UNT Libraries Government Documents Department
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Russia's Paris Club Debt: U.S. Interests

Description: Russia is seeking substantial debt forgiveness from its Paris Club debt of some $42 billion. Germany holds about half this official debt; the United States share is 6%. The United States may adopt a policy of no debt relief, of rescheduling payments of principal and interest, or of debt forgiveness. The official position of creditor countries in the Paris Club is for no debt forgiveness. Many in Congress support linkage of any debt relief to an end of the Chechnya conflict and of aid to Serbia,… more
Date: July 18, 2000
Creator: Hardt, John P.
Partner: UNT Libraries Government Documents Department
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Asia Pacific Economic Cooperation (APEC) and the 2000 Summit in Brunei

Description: On November 15-16, 2000, the Eighth Asia Pacific Economic Cooperation (APEC) Leaders' Meeting (summit) was held in Bandar Seri Begawan, Brunei. In addition to the APEC summit, President Clinton held bilateral summits with several leaders of APEC countries ­ including China, Russia, Japan, and South Korea. For the United States, APEC raises fundamental questions of special interest to Congress. One is whether consensus can be achieved on the APEC vision of free trade and investment in the Asia P… more
Date: January 23, 2001
Creator: Nanto, Dick K.
Partner: UNT Libraries Government Documents Department
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Privacy Protection for Customer Financial Information

Description: Title V of the Gramm-Leach-Bliley Act of 1999 (P.L. 106-102, H.Rept. 106-434) requires financial institutions to provide their customers with notice of their privacy policies, including those relating to sharing of customer information with affiliated entities. It prohibits sharing personally identifiable customer information with non-affiliated third parties and prohibits financial institutions from providing account numbers to non-affiliated third parties for marketing purposes.
Date: January 5, 2001
Creator: Murphy, M. Maureen
Partner: UNT Libraries Government Documents Department
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Financial Regulatory Reform: Analysis of the Consumer Financial Protection Agency (CFPA) as Proposed by the Obama Administration and H.R. 3126

Description: This report provides a brief summary of the Obama Administration's Consumer Financial Protection Agency Act of 2009 (CFPA) and delineates some of the substantive differences between it and H.R. 3126, as ordered to be reported by the House Financial Services Committee, as well as the version that was ordered to be reported by the House Energy and Commerce Committee.
Date: November 9, 2009
Creator: Carpenter, David H. & Jickling, Mark
Partner: UNT Libraries Government Documents Department
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Financial Regulatory Reform: Analysis of the Consumer Financial Protection Agency (CFPA) as Proposed by the Obama Administration and H.R. 3126

Description: This report provides a brief summary of the President's Consumer Financial Protection Agency Act of 2009 and delineates some of the substantive differences between it and H.R. 3126, as introduced. It then analyzes some of the policy implications of the proposal, focusing on the separation of safety and soundness regulation from consumer protection, financial innovation, and the scope of regulation.
Date: September 9, 2009
Creator: Carpenter, David H. & Jickling, Mark
Partner: UNT Libraries Government Documents Department
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Foreign Holdings of Federal Debt

Description: This report presents current data on estimated ownership of U.S. Treasury securities and major holders of federal debt by country. Federal debt represents the accumulated balance of borrowing by the federal government. To finance federal borrowing, U.S. Treasury securities are sold to investors, directly from the Treasury or on the secondary market to individual private investors, financial institutions in the United States or overseas, and foreign, state, or local governments.
Date: March 17, 2009
Creator: Murray, Justin & Labonte, Marc
Partner: UNT Libraries Government Documents Department
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U.S. Motor Vehicle Industry: Federal Financial Assistance and Restructuring

Description: This report reviews the U.S. automotive industry at present, aspects of the industry's financial situation, and relief options. It includes an analysis of the current situation in the U.S. automotive market, including efforts to address problems of long-term competitiveness and the impact of the industry on the broader U.S. economy. It focuses on financial issues, including credit questions, and legal and financial aspects of government-offered loans or loan guarantees.
Date: December 3, 2008
Creator: Cooney, Stephen
Partner: UNT Libraries Government Documents Department
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Employer Stock in Retirement Plans: Bills in the 107th Congress

Description: In the wake of the bankruptcy of Enron Corporation, numerous bills have been introduced in the 107th Congress with the intent of protecting workers from the financial losses that employees risk when they invest a large proportion of their retirement savings in securities issued by their employers. Legislative proposals include some that would directly regulate the proportion of employees’ retirement savings that can be comprised of employer securities, and others that would encourage education … more
Date: March 28, 2002
Creator: Purcell, Patrick J.
Partner: UNT Libraries Government Documents Department
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H.R. 6076: Home Retention and Economic Stabilization Act of 2008

Description: The Home Retention and Economic Stabilization Act of 2008 would defer foreclosure for eligible mortgage borrowers for up to 270 days. If passed, the bill would give extra time to some borrowers and lenders to consider alternatives to foreclosure, including traditional loss mitigation and participation in the new Federal Housing Administration (FHA) program for refinancing troubled loans. Some policymakers believe that a moratorium on foreclosures could help stabilize housing markets and allevia… more
Date: August 29, 2008
Creator: Murphy, Edward Vincent
Partner: UNT Libraries Government Documents Department
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Agricultural Disaster Assistance

Description: The U.S. Department of Agriculture (USDA) offers several permanently authorized programs to help farmers recover financially from a natural disaster, including federal crop insurance, the non-insured assistance program and emergency disaster loans. In recent years, Congress frequently has made supplemental financial assistance available to farmers and ranchers on an ad-hoc basis, most notably in the form of direct crop disaster payments and emergency livestock assistance. Congress provided an e… more
Date: November 2, 2004
Creator: Chite, Ralph M.
Partner: UNT Libraries Government Documents Department
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Agricultural Disaster Assistance

Description: The U.S. Department of Agriculture (USDA) offers several permanently authorized programs to help farmers recover financially from a natural disaster, including federal crop insurance, the non-insured assistance program and emergency disaster loans. In recent years, Congress frequently has made supplemental financial assistance available to farmers and ranchers on an ad-hoc basis, most notably in the form of direct crop disaster payments and emergency livestock assistance. Congress provided an e… more
Date: September 17, 2003
Creator: Chite, Ralph M.
Partner: UNT Libraries Government Documents Department
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