Government Loan Asset Sales
Author:
Publisher:
Published: 1988
Total Pages: 96
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author:
Publisher:
Published: 1988
Total Pages: 96
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. General Accounting Office
Publisher:
Published: 1986
Total Pages: 36
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. General Accounting Office
Publisher:
Published: 1988
Total Pages: 142
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1986
Total Pages:
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DOWNLOAD EBOOKAuthor: United States. Congress. House. Committee on Small Business
Publisher:
Published: 1987
Total Pages: 268
ISBN-13:
DOWNLOAD EBOOKAuthor: U S Government Accountability Office (G
Publisher: BiblioGov
Published: 2013-06
Total Pages: 34
ISBN-13: 9781289089856
DOWNLOAD EBOOKIn response to a congressional request, GAO provided information on the Office of Management and Budget's (OMB) objectives and guidelines for agencies to follow in selling loan assets. GAO found that OMB guidelines for loan asset sales: (1) require that all sales be made without future recourse to the federal government; (2) require that purchasers assume responsibility for collecting and servicing loan assets when such assets are sold; (3) would treat the loan asset sales proceeds as borrowings if sales are made with recourse to the government, which would be contrary to normal budgetary treatment of guarantees; and (4) will not assist in accurately measuring credit program subsidies, which is one of the program's objectives. GAO believes that: (1) the guidelines will not protect the government's best interest, since the government will not be maximizing net proceeds on the sale of certain loan portfolios; (2) the proposed budgetary treatment of loan asset sales with limited recourse does not reflect the actual and potential economic consequences of such sales, and is incorrect budgetary treatment; and (3) several of the requirements will result in overstating the subsidies associated with credit programs and, therefore, OMB will not fully achieve its objectives.
Author: United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee
Publisher:
Published: 1987
Total Pages: 120
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. General Accounting Office
Publisher:
Published: 1990
Total Pages: 36
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee
Publisher:
Published: 1987
Total Pages: 204
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Office of Management and Budget
Publisher:
Published: 1983
Total Pages: 380
ISBN-13:
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