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Loan and Mortgage Terms Glossary

Supervisory Agent:

A title no longer officially in use. Prior to the regulatory reorganization of october 1989, the title referred to an official at one of the federal home loan banks who had lawful authority delegated by the former federal home loan bank board to carry out the enforcement of laws and regulations dealing with the operation of savings institutions. The president of each district bank was traditionally designated the district's principal supervisory agent. In october 1989, the supervisory agents became employees of the office of thrift supervision and now have various titles including assistant deputy district director, assistant director, and supervisory examiner.


 
     
 
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