Managing Interest Rate Risk in the Thrift Industry

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Publisher :
ISBN 13 :
Total Pages : 262 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Managing Interest Rate Risk in the Thrift Industry by : Federal Home Loan Bank of San Francisco. Conference

Download or read book Managing Interest Rate Risk in the Thrift Industry written by Federal Home Loan Bank of San Francisco. Conference and published by . This book was released on 1982 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Managing Risk in Thrift Institutions

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Managing Risk in Thrift Institutions by : Richard Roll

Download or read book Managing Risk in Thrift Institutions written by Richard Roll and published by . This book was released on 1987 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even if thrift institutions were exposed only to interest rate risk, gap management using simple duration would be an imperfect method, particularly for callable assets and liabilities. Duration measures interest rate risk for parallel shifts in the yield curve, but actual yield curve shifts should not be, and usually are not, parallel. An alternative to duration is a multi-factor model such as the Arbitrage Pricing Model (APT). An empirical investigation of a sample of large thrifts disclosed that they are exposed to APT factors such as inflation, investor confidence, and the term structure. The level of thrift exposure to these risk factors is twice that of the average industrial company and thrifts also exhibit an unusually large amount of non-systematic risk.

Identification and Control of Risk in the Thrift Industry

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Publisher :
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Identification and Control of Risk in the Thrift Industry by : Federal Home Loan Bank of San Francisco. Conference

Download or read book Identification and Control of Risk in the Thrift Industry written by Federal Home Loan Bank of San Francisco. Conference and published by . This book was released on 1984 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Guide to Managing Interest-rate Risk

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Publisher : Prentice Hall
ISBN 13 :
Total Pages : 368 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis A Guide to Managing Interest-rate Risk by : Donna M. Howe

Download or read book A Guide to Managing Interest-rate Risk written by Donna M. Howe and published by Prentice Hall. This book was released on 1992 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Continued Interest Rate Vulnerability of Thrifts

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis The Continued Interest Rate Vulnerability of Thrifts by : Patric H. Hendershott

Download or read book The Continued Interest Rate Vulnerability of Thrifts written by Patric H. Hendershott and published by . This book was released on 1990 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1980s S & L debacle is generally viewed as the result of: (1) sharply rising interest rates eliminating the net worth of thrifts funding fixed-rate loans with short-term deposits and (2) thrifts responding by taking even greater interest-rate and credit risks. The question investigated in this paper is how vulnerable do thrifts remain to an interest rate experience like that which triggered the 1980s S & L debacle? The short answer is that thrifts are even more vulnerable in 1989 than they were in 1977. The dollar volume of fixed-rate mortgages funded by short-term deposits in 1989, $400 billion, is slightly greater now than it was in 1977, and thrifts have also put over $325 billion of adjustable-rate loans with rate caps on their balance sheets. A sharp rise in interest rates (the one-year Treasury rate rose by 9 percentage points between 1977 and 1981) would cause significant losses on these capped loans, as well as on the fixed-rate loans.

Supervising Today's Thrift Industry

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Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Supervising Today's Thrift Industry by :

Download or read book Supervising Today's Thrift Industry written by and published by . This book was released on 1992 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Future of the Thrift Industry

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Publisher :
ISBN 13 :
Total Pages : 268 pages
Book Rating : 4.:/5 (54 download)

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Book Synopsis The Future of the Thrift Industry by :

Download or read book The Future of the Thrift Industry written by and published by . This book was released on 1988 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Office of Thrift Supervision Journal

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Publisher :
ISBN 13 :
Total Pages : 1028 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Office of Thrift Supervision Journal by :

Download or read book Office of Thrift Supervision Journal written by and published by . This book was released on 1982 with total page 1028 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Derivatives and Risk

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Publisher :
ISBN 13 :
Total Pages : 19 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Derivatives and Risk by : Arthur Hogan

Download or read book Derivatives and Risk written by Arthur Hogan and published by . This book was released on 2014 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors examine the relationship between derivatives use and the interest-rate risk of US savings associations during the period 1993-1997. Advantages of the use of thrift data, as opposed to commercial bank data, include markedly superior detail, a homogeneous industry, the industry's inherent interest-rate risk, interest-rate sensitivitymeasures derived from a single model (the OTS Net Portfolio Value model), market values, and the lack of distortions in the data owing to the presence of dealers. It is found that, after controlling for firm characteristics, thrifts use derivatives to reduce interest-rate risk and vulnerability to capital compliance problems. Additionally, after controlling for interest-rate risk and credit risk, derivatives users have higher net interest margins. The lack of usage by smaller institutions suggests that a significant segment of the industry is limited in its ability to manage interest-rate risk efficiently.

Oversight of the Office of Thrift Supervision

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Publisher :
ISBN 13 :
Total Pages : 108 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Oversight of the Office of Thrift Supervision by : United States. Congress. House. Committee on Financial Services. Subcommittee on Oversight and Investigations

Download or read book Oversight of the Office of Thrift Supervision written by United States. Congress. House. Committee on Financial Services. Subcommittee on Oversight and Investigations and published by . This book was released on 2006 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Interest Rate Risk and Thrift Capital

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Publisher :
ISBN 13 :
Total Pages : 344 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis Interest Rate Risk and Thrift Capital by : Robert Crile Wolf

Download or read book Interest Rate Risk and Thrift Capital written by Robert Crile Wolf and published by . This book was released on 1996 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Office of Thrift Supervision Journal

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Office of Thrift Supervision Journal by :

Download or read book Office of Thrift Supervision Journal written by and published by . This book was released on 1990 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Viability Monitoring System

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Publisher :
ISBN 13 :
Total Pages : 638 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Financial Viability Monitoring System by : Kaplan, Smith & Associates

Download or read book Financial Viability Monitoring System written by Kaplan, Smith & Associates and published by . This book was released on 1984 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Condition of the Bank and Thrift Industries

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Publisher :
ISBN 13 :
Total Pages : 320 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis The Condition of the Bank and Thrift Industries by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book The Condition of the Bank and Thrift Industries written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1995 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Moral Hazard in the Thrift Industry

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Moral Hazard in the Thrift Industry by : Robert Rubinovitz

Download or read book Moral Hazard in the Thrift Industry written by Robert Rubinovitz and published by . This book was released on 1990 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Federal Register

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Publisher :
ISBN 13 :
Total Pages : 1068 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Federal Register by :

Download or read book Federal Register written by and published by . This book was released on 1984-05 with total page 1068 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Crisis Resolution in the Thrift Industry

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Publisher : Springer Science & Business Media
ISBN 13 : 9400907354
Total Pages : 115 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Crisis Resolution in the Thrift Industry by : Roger C. Kormendi

Download or read book Crisis Resolution in the Thrift Industry written by Roger C. Kormendi and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: On February 6, 1989, the Federal Home Loan Bank Board contacted Mid America Institute to inquire whether it would undertake an independent, academically oriented analysis of the insolvency resolution crisis in the thrift industry. The Senate Banking Committee, during the course of hearings on the thrift crisis, had suggested to the Bank Board tile desirability of an independent assessment of Bank: Board and FSLIC resolution methodology, specifically as it related to the controversy surrounding the December deals, the Southwest Plan, and the possibility that tax considerations were driving certain deals. The Bank Board had already initiated studies from industry-oriented perspectives. Therefore, it felt that an academic perspective would provide both a valuable addition to the process, and by the nature of academia, perhaps the best prospect of a credible and independent viewpoint. The Bank Board was prepared to give an appropriately structured Task Force virtually unlimited access to all personnel, documents and resources that the Task Force felt necessary to come to an uncompromising assessment. The only significant constraint imposed was that a report had to be available prior to the start of the next round of Senate Banking Committee hearings on March 1, 1989. The Task Force would be given complete discretion as to the scope and coverage of the report, but it was requested that the topic of the December deals, particularly the associated tax considerations, be a significant part of the report.