The Federal Home Loan Bank System was created in 1932. I don’t bring up that date because there is anything inherently wrong with a 94-year-old institution. Some of the most important pieces of our housing-finance system have been around for generations. I bring...
The Federal Housing Finance Agency (FHFA) has withdrawn three proposed rules put forth during the Biden administration relating to the government-sponsored enterprises and the Federal Home Loan Banks (FHLBanks). The withdrawals involve a 2021 proposed rule that would...
Bill Pulte has a new target in his crosshairs – the Federal Housing Finance Agency announced on his personal X account that he is now aiming at credit unions. “Credit Unions are a part of the Federal Home Loan Bank network that we regulate,” said Pulte on his social...
Sen. Catherine Cortez Masto (D-NV), the ranking member of the Senate Financial Institutions and Consumer Protection Subcommittee, has put forth the “Federal Home Loan Banks’ Mission Activities Act” with the goal of refocusing the mission of the 11 Federal Home Loan...
The Federal Housing Finance Agency (FHFA) today announced two partnerships involving Fannie Mae (OTCQB: FNMA), Freddie Mac (OTCQB: FMCC), and the Federal Home Loan Banks (FHLBanks) to expand awareness and liquidity for homeownership across tribal communities....