Housing scene under FIRREA details RTC and FHLB programs
The 1989 FIRREA creates the Resolution Trust Corp to dispose of failed thrifts. RTC must inventory holdings and offer qualifying affordable sales first to low income buyers or public groups. FIRREA expands bank access to FHLB for community lending with subsidies and new Community Reinvestment Act challenges urging lenders to meet credit needs of low and moderate income communities.
MENTIONED IN THIS ARTICLE
Financial Institutions Reform, Recovery and Enforcement
Resolution Trust Corp
RTC
Federal Housing Administration
Firrea
Federal Home Loan Bank System
Federal Home Loan Bank
Newspaper recycling rules face critique by publisher
The Wichita Eagle publisher Reid Ashe told the Kansas Waste Reduction Commission that mandatory recycled newsprint could hinder progress in waste reduction. He noted The Eagle accounts for 38 percent of Kansas newsprint consumption, urging lawmakers to avoid laws that impede ongoing efforts.
MENTIONED IN THIS ARTICLE
Lew Ferguson
Associated Press
Topeka
Reid Ashe
Wichita Eagle
Kansas
HES. Commission
Willy
Capitol
Kathryn Parker
State Department of Commerce
Commission
Ob -Counties
Ashe
Eagle
Knight-Ridder Co
Betaute
The
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