Conservatorship
Definition 1.
A circumstance in which the court declares an individual unable to take care of legal matters and appoints another individual, known as a conservator, to do so.
CONSERVATORSHIP - the state of being under the control of a conservator. A conservatorship affects the ...
CONSIDERATION - An act or the promise thereof, which is offered by one party to induce another to enter...
Conservator: A person or institution appointed by the court to manage the affairs of an individual. This is similar to when a guardian manages the affairs of a minor.
Conservatorship
A legal status where a conservator is appointed to oversee a firm in trouble in order to protect and conserve the firm's assets. Fannie Mae and Freddie Mac were placed in conservatorships in September, 2008.
Conservatorship
Main article: Federal takeover of Fannie Mae and Freddie Mac
Wikinews has related news: Freddie Mac and Fannie Mae placed into US government conservatorship ...
Conservator/guardian: A person or trust company appointed by a court to manage the assets and/or personal affairs of a minor or disabled person.
Program (ARP) A means of resolving a failed thrift institution in which there is an expedited transfer of the insolvent thrift's assets and deposit liabilities to a healthy institution, without first placing the failed thrift in conservatorship.
Undertaking to act as executor, administrator, guardian, conservator, or trustee for a family trust, authorized trust, or testamentary trust, or receiver or trustee in bankruptcy.
Finance Charge: ...
If the proceeds do not cover the bank's liabilities, the creditors lose out, but the FDIC makes sure that all the insured deposits are paid back. Note that going into conservatorship does not mean that the bank is consolidated onto the government ...
Robarts Library
University of Toronto Schools
Pontifical Institute for Medieval Studies
Royal Ontario Museum
Royal Conservatory of Music
The Toronto School of Theology ...
James Lockhart, the director of the Federal Housing Finance Agency announced, On September 7, 2008, that the Fannie Mae and its brother the Freddie Mac were being put in to conservatorship of the FHFA.
One appointed by the Court to administer the affairs of a minor. A guardian ad litem is appointed to protect one's interest in a particular legal action. Related: conservator.
Personal Finance Headlines
SEARCH: ...
On September 7, 2008, after Fannie Mae reported billions of dollars in losses from subprime loans, its government regulatory agency, the Federal Housing Finance Agency put Fannie Mae under its conservatorship.
They operate under a legal status known as conservatorship that ensures their mortgage losses do not cripple their ability to support housing. As of May 2009 Freddie Mac had drawn down $51.
Conservatorship
Consideration
Consolidated Omnibus Budget Reconciliation Act - COBRA
Consolidation loan
Constant proportion portfolio insurance - CPPI
Constitution by laws
Construction budget
Construction loan
Construction spending ...
conservator
consideration
consol
consolidated financial statement
consolidated mortgage bond
Consolidated Omnibus Budget Reconciliation Act (COBRA)
Consolidated Quotation System (CQS)
consolidated tape
consolidated tax return ...
conservator A guardian or protector who is appointed by a court to manage the affairs of... consideration Something of value, such as money or personal services, given by one party to...
 See also: Banks, Fannie Mae, Saving, Foreclosure, Conservative
  
|
RSS
