A bill to clarify and expand the authority of the Federal Home Loan Bank Board to regulate conflicts of interest in the operation of insured savings and loan associations.

Authorizes the Federal Home Loan Bank Board to regulate relations and transactions between member insured savings and loan associations in order to protect the public interest, and for the protection of members, borrowers, and investors.

Permits the Board to provide appraisal and valuation services and to collect fees for the rendering of such services in carrying out the provisions of this Act.