OECD Glossary of Statistical Terms Financial agencies Definition

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FINANCE AGENCY

Conviction in a criminal matter or final judgment in a civil action of defrauding another person. Use of collection process that violates any of the laws of this State with respect to garnishment, wage deduction orders or wage assignments. Material misstatement in the application or renewal, in any form prescribed by the Director for the renewal of a license, or in any amendment made to the application.

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  • The term includes a bank, trust company, finance company, or investment company, if so engaged.
  • Home ownership doesn’t have to feel like a far off, lofty dream.
  • In addition, the NDFA provides contract management and support services in respect of the operations and management of certain existing PPP facilities, and the direct procurement of certain Exchequer-funded projects on behalf of the Department of Education.
  • This annual report describes FHFA’s accomplishments, as well as challenges, the agency faced in meeting the strategic goals and objectives during the past fiscal year.
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  • The North Carolina Housing Finance Agency is a self-supporting public agency that finances affordable housing opportunities for North Carolinians whose needs are not met by the market.

This followed calls from Republican Senators Chuck Grassley and Ron Johnson for her removal in the preceding weeks, and a critical CIGIE report released on April 29, 2021. In April 2019, Mark A. Calabria was confirmed to a five year term as director. At the time of his confirmation, the chair of the Senate Banking Committee said that Calabria had committed to working with the Senate toward ending the conservatorship over Fannie Mae and Freddie Mac. All political activities, including all lobbying, will be halted immediately. The new CEOs agreed it is important to work with the current management teams and employees to encourage them to stay and to continue to make important improvements to the Enterprises.

Housing Means a Better North Carolina

The term does not include the pledgee of an aggregate number of such contracts to secure a bona fide loan thereon. Every state HFA was created by its state to meet its particular affordable housing needs. Click on a state below to find its housing finance agency. Contact the agency directly to learn about the programs it offers and to get answers to your housing finance questions. The Director may issue a cease and desist order to a sales finance agency or other person doing business without the required license when, in the opinion of the director, the licensee or other person is violating or is about to violate any provision of this Act or any law, rule, or requirement imposed in writing by the Department. No person may engage in the business of a sales finance agency in this State without first obtaining a license as provided in this Act.

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