Large banks, nonbanks mostly missing off FHFA’s Mortgage bank query

Large banks, nonbanks mostly missing off FHFA’s Mortgage bank query

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 mission to “provide reliable liquidity to its member institutions to support housing finance and community investment.”

Big banks, nonbanks mostly missing out of FHFA’s Home loan bank query

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1 by 1, short neighborhood bankers and houses professionals spoke very nearly or off a beneficial lectern about large-ceilinged auditorium at the Structure Center new head office of one’s banks’ regulator, brand new Federal Houses Funds Agency. Continue reading