TITLE

Are Waivers Sign of More Flexible Finance Board?

AUTHOR(S)
Sloan, Steven
PUB. DATE
October 2006
SOURCE
American Banker;10/24/2006, Vol. 171 Issue 204, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that for the second time in six months, the Federal Housing Finance Board has signed off on a rule change to help a struggling home loan bank. The agency approved a rule on October 11, 2006, to relieve members of the Federal Home Loan Bank of Seattle from excess-stock rules that would otherwise bar them from borrowing more advances.
ACCESSION #
22854202

 

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