The Management Consignment Program (MCP) was adopted in 1985 by the Federal Savings and Loan Insurance Corporation (FSLIC) in an attempt to minimize the acute adverse incentive problems present when insolvent thrift institutions are allowed to continue in operation. The management of problem...

This paper presents an appraisal of the studies of the deposit insurance system submitted to Congress by the Federal Deposit Insurance Corporation and the Federal Home Loan Bank Board in compliance with the Garn-St. German legislation of 1982. The purpose of these studies was to assess the...

This study analyzes the performance of Texas commercial banks specializing in mortgage lending during the late 1980s and early 1990s to investigate how representative was their experience as compared with that of banks across the country concentrating in real estate lending. The results show...