MPP Efforts in Limbo

Collins, Brian
January 2006
National Mortgage News;1/2/2006, Vol. 30 Issue 13, p1
Trade Publication
The article reports that the top regulator of the Federal Home Loan (FHL) Bank System company has not drafted a formal policy with respect to its mortgage purchase programs. Under supervisory restrictions, FHLBanks' purchasing programs are becoming feeble. Before the appointment of Federal Housing Finance Board chairman Ronald Rosenfeld, two FHLBanks were placed under supervisory agreement. In addition, the Board will be considering a capital proposal.


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