Preserving a System of Locally Based Depository Institutions

Housing Finance
Published

Resolved that NAHB urge Congress to preserve a system of locally-based insured depository institutions to meet consumer (including mortgage) and small business (including housing production and community development) financing needs,

Further resolved that NAHB urge Congress to maintain a unit with housing finance expertise and data collection responsibilities within any streamlined bank regulatory structure,

Further resolved that NAHB urge Congress to revise the Federal Home Loan Bank System’s eligibility requirements for System membership and borrowing to improve the System’s capacity to provide liquidity support for smaller, locally-based member institutions, and

Further resolved that NAHB oppose legislation on the expansion of non-traditional bank powers unless such legislation provides for the preservation of a system of locally based depository institutions.

Resolution originally adopted: 1997.1, Resolution No. 12

Committee with primary jurisdiction:

  • Housing Finance Committee
Full Resolution The full text of this resolution is available for download
Leadership
<p>Resources for Senior Officers, the Leadership Council, Transitional Board, State Reps, NACs and committees.</p>

Leadership and Committees

Leadership and Committees

Resources for Senior Officers, the Leadership Council, Transitional Board, State Reps, NACs and committees.

Learn more
Councils
<p>Providing members the opportunity to network and develop policies that benefit their areas of interest.</p>

Councils

Councils

Providing members the opportunity to network and develop policies that benefit their areas of interest.

Learn more
Meetings
<p>Explore upcoming NAHB meetings and events.</p>

Meetings

Meetings

Explore upcoming NAHB meetings and events.

Learn more