Federal Deposit Insurance Corporation (FDIC) : Summary of Actions in Support of Housing and Financial Markets.

Discusses recent FDIC actions in support of housing and Federal markets. Covers temporary increase in deposit insurance as required by P.L. 110-343, the Economic Stabilization Act of 2008, the resolution of bank failures, development of the temporary liquidity guarantee program, and efforts to reduc...

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Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 2009.
Series:U.S. Congressional Research.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Discusses recent FDIC actions in support of housing and Federal markets. Covers temporary increase in deposit insurance as required by P.L. 110-343, the Economic Stabilization Act of 2008, the resolution of bank failures, development of the temporary liquidity guarantee program, and efforts to reduce foreclosures. Discusses FDIC role in homeowner's affordability and stability plan, to prevent 7 to 9 million foreclosures at a cost of $75 billion.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.