TITLE

FHFB May Amend Capital Move

PUB. DATE
August 2006
SOURCE
National Mortgage News;8/7/2006, Vol. 30 Issue 43, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the determination of the U.S. Federal Housing Finance Board (FHLB) to push through its proposed capital changes. According to Finance Board Chairman Ronald Rosenfeld, the final rule would give FHLBank members more time to build up their retained earnings to avoid reducing their stock dividends by 50 percent. He adds that the regulation would not materially alter the value of FHLBank membership.
ACCESSION #
21888920

 

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