Soundness

The Consumer Financial Protection Safety and Soundness Improvement Act of 2011, sponsored by Wisconsin Republican Sean Duffy, would delay the transfer of powers to the bureau until it has a Senate-confirmed director.

Elizabeth Warren Forgets 2011

However, the two major changes in the CRA occurred in 1989 with the passage of the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) and the Federal Housing Enterprises Financial Safety and Soundness Act of 1992.

Think Progress » Palin aide refuses to criticize Limbaugh by name when calling his ‘retard’ comments ‘crude and demeaning.’ 2010

Soundness requires profitability, and abusive lending is often profitable, at least in the short term.

Archive 2009-06-01 Rebecca Tushnet 2009

Congress made this advice the law of the land when it passed the inaptly named Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (GSE Act of 1992).

The Future of Housing Finance 2010

Similarly, the data source for "Financial Soundness Indicators for Banking" is identified as the "National Bank of Ethiopia; and IMF calculations."

Ethiopia: The Voodoo Economics of Meles Zenawi 2010

Similarly, the data source for "Financial Soundness Indicators for Banking" is identified as the "National Bank of Ethiopia; and IMF calculations."

Alemayehu G. Mariam: Ethiopia: The Voodoo Economics of Meles Zenawi 2010

Congress also passed the Federal Housing Enterprises Financial Safety and Soundness Act, eventually mandating that these companies buy 45 percent of all loans from people of low and moderate incomes.15 Consequently, a secondary market was created for these loans.

Liberty and Tyranny Mark R. Levin 2009

Congress also passed the Federal Housing Enterprises Financial Safety and Soundness Act, eventually mandating that these companies buy 45 percent of all loans from people of low and moderate incomes.15 Consequently, a secondary market was created for these loans.

Liberty and Tyranny Mark R. Levin 2009

Prior to 1992 and the passage of the Federal Housing Enterprises Financial Safety and Soundness Act if a lending institution wrote a sub-prime loan they essentially had to accept the risk of making that loan, of whether or not that loan would be repaid.

The Real Cause of the Current Financial Crisis 2008

So with the CRA which forced banks to lend or not be allowed to expand branches and the repeal of the glass-steagall act which allowed bank to sell investment products and the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 which required Fannie Mae and Freddie Mac to devote a percentage of their lending to support affordable housing you can see where this is all heading at.

Why We're In A World of Hurt Steve Hulett 2008