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Authority of the Federal Financing Bank to Provide Loans to the Resolution Trust Corporation

Headnotes: 

The Resolution Trust Corporation is a “federal agency” within the meaning of the Federal Financing Bank Act of 1973, and the RTC is authorized to issue financial obligations under the Federal Home Loan Bank Act. Accordingly, under the FFB Act the Federal Financing Bank is authorized to provide loans to the RTC.

Updated July 9, 2014