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Understanding FIRREA: A Practical Guide to Planning and Compliance.

Understanding FIRREA: A Practical Guide to Planning and Compliance

This book on the landmark banking legislation passed by Congress this year, the Financial Institutions, Reform, Recovery and Enforcement Act of 1989 (FIRREA), was planned and written by a law firm, accounting firm and consulting firm team. The work is organized by key business topics, such as acquisitions, operations and real estate, a format far easier to follow than a section-by-section treatment of the Act. It focuses on six major issues: enforcement power; loans to one borrower; acquisition opportunities; qualified thrift lender; real estate appraisals; and dispositions of real estate assets. Looking to the future, the authors also present what they see as the key factors for future business success in the financial services industry.
COPYRIGHT 1990 National Society of Public Accountants
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1990 Gale, Cengage Learning. All rights reserved.

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Publication:The National Public Accountant
Article Type:Book Review
Date:Jan 1, 1990
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