[United States Government Manual]
[July 01, 1995]
[Pages 681-682]
[From the U.S. Government Publishing Office, www.gpo.gov]




RESOLUTION TRUST CORPORATION

801 Seventeenth Street NW., Washington, DC 20434
Phone, 202-416-6900
Chief Executive Officer                          John E. Ryan, Acting
Deputy Chief Executive Officer                   John E. Ryan
General Counsel                                  (vacancy)
Vice President (Division of Asset Management     Thomas Horton
    and Sales)
Chief Financial Officer                          Donna H. Cunninghame
________________________________________________________________________
The Resolution Trust Corporation was established to manage and resolve 
failed savings associations that were insured by the Federal Savings and 
Loan Insurance Corporation before the enactment of the Financial 
Institutions Reform, Recovery, and Enforcement Act of 1989, and for 
which a conservator or receiver is appointed between January 1, 1989, 
and July 1, 1995. The Corporation will terminate all functions no later 
than December 31, 1995.
The Resolution Trust Corporation (Corporation) was established on August 
9, 1989, by the Financial Institutions Reform, Recovery, and Enforcement 
Act of 1989 (12 U.S.C. 1441a).
    The Corporation is an agency of the United States for purposes of 
subchapter II, chapters 5 and 7, of title 5 of the United States Code, 
when it is acting as a corporation. When the Corporation is acting as a 
conservator or receiver of an insured depository institution, it is 
deemed to be a Federal agency to the same extent as the Federal Deposit 
Insurance Corporation when acting in the same capacity.
    The Corporation is a mixed-ownership Government corporation for 
purposes of 31 U.S.C. 9105, 9107, and 9108, notwithstanding the fact 
that no Federal funds are permitted to be invested in the Corporation.
    Under the direction of the Chief Executive Officer, the duties of 
the Corporation include:
    --managing and resolving all cases involving depository 
institutions, the accounts of which were insured by the former Federal 
Savings and Loan Insurance Corporation prior to August 9, 1989, and 
which have been or will be in conservatorship or receivership as of 
January 1, 1989, through July 1, 1995;
    --conducting the operations of the Corporation in such a way as to 
maximize the return of value from the sale or other disposition of 
depository institutions or their assets, while minimizing the impact on 
real estate and financial markets and minimizing losses to the 
Government;

[[Page 682]]

    --making efficient use of funds provided by the Resolution Funding 
Corporation or the Treasury; and
    --maximizing the availability and affordability of residential real 
property for low- and moderate-income individuals.

For further information, contact the Corporate Communications Office, 
Resolution Trust Corporation, 801 Seventeenth Street NW., Washington, DC 
20434. Phone, 202-416-7557.

________________________________________________________________________