FHLBanks United in Fight against Proposed Capital Regulation

June 2006
National Mortgage News;6/26/2006, Vol. 30 Issue 38, p8
Trade Publication
The article reports on the consensus among shareholders of the Federal Home Loan Bank System to oppose a capital rule proposed by the Federal Housing Finance Board that would require the home loan banks to increase their retained earnings and buyback excess stock. The American Community Bankers, along with five other financial services trade groups, called on the Finance Board to withdraw the proposed rule and start over again with an advance notice of proposed rulemaking.


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