Dozens of community bankers flocked to Washington this past week to discuss the relevance of the Federal Home Loan Bank System. The regulatory review may determine whether the little-known but politically powerful cooperative is fulfilling its congressionally mandated goal to «provide reliable liquidity to its member institutions to support housing finance and community investment.»
Big banking institutions, nonbanks largely absent from FHFA’s Mortgage lender query
One-by-one, brief society lenders and homes masters talked practically otherwise off a great lectern about highest-ceilinged auditorium in the Composition Cardiovascular system the new head office of the banks’ regulator, new Government Casing Fund Department.
FHFA Director Sandra Thompson this summer launched the first breakdown of the latest Government Home loan Bank system in nearly 100 years.
Read moreLarge banking institutions, nonbanks mainly missing out of FHFA’s Financial bank inquiry
