TITLE

Finance Board seeking comment on Seattle mortgage buying plan

AUTHOR(S)
de Senerpont Domis, Olaf
PUB. DATE
August 1997
SOURCE
American Banker;8/8/1997, Vol. 162 Issue 152, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the US Federal Housing Finance Board will approve a pilot program allowing the Federal Home Loan Bank of Seattle to buy mortgages from member institutions. Details of the program; Approval of similar pilot programs in other cities.
ACCESSION #
9708205277

 

Related Articles

  • Federal Housing Finance Board Approves First FHLBank Capital Plan.  // Community Banker;May2002, Vol. 11 Issue 5, p18 

    Reports the approval of Federal Housing Finance Board (FHFB) of the proposed capital structure plan for the Federal Home Loan Bank of Seattle in the U.S. Inclusion of minimum activity-based stock purchase requirements in the capital plan; Policy of advocating mandatory activity-based stock...

  • Higher Dividend From Seattle FHLB. Sloan, Steven // American Banker;5/8/2007, Vol. 172 Issue 88, p3 

    The article discusses the payment of dividends to stockholders. According to the author, the Federal Home Loan Bank of Seattle, Washington will pay larger dividends to its members. The author notes that the bank is recovering from a failed mortgage program. Also noted are the various rates for...

  • Seattle FHLB Stock Plan Is Approved. Sloan, Steven // American Banker;10/12/2006, Vol. 171 Issue 196, p3 

    The article reports on the plan by the U.S. Federal Housing Finance Board giving authority to the Federal Home Loan Bank of Seattle to create a temporary excess stock pool that will help capitalize on advances. This stock pool will allow the bank to increase the amount of advances outstanding to...

  • Path Grows Clearer for Seattle FHLB. Blackwell, Rob // American Banker;10/27/2010, Vol. 175 Issue 165, p1 

    The article reports that the Federal Home Loan Bank of Seattle, Washington has signed a consent order from the U.S. Federal Housing Finance Agency that will let the bank buy back stock from members and maybe pay dividends in 2011, provided certain goals are met with respect to capital, employee...

  • Board OKs Seattle FHLB Plan. Shenn, Jody // American Banker;6/23/2005, Vol. 170 Issue 120, p4 

    Reports that the Federal Housing Finance Board has approved the Federal Home Loan Bank of Seattle's plan to let members take out new advances without investing more money in the troubled cooperative. Expansion of members' borrowing capacity by $14 million due to the plan.

  • Will Seattle Order Ripple Through FHLB System? Sloan, Steven // American Banker;11/11/2009, Vol. 174 Issue 204, p1 

    The article discusses an order from the U.S. Federal Housing Finance Agency that bars the Federal Home Loan Bank of Seattle from redeeming stock. Richard Roccobono of the Seattle bank said the decision was aimed at conserving capital and specific to his institution, thus holding few implications...

  • Board Weighs Changes for Seattle FHLB. Sloan, Steven // American Banker;2/22/2008, Vol. 173 Issue 36, p3 

    The author reports that changes to the capital structure plan of the Federal Home Loan Bank of Seattle are being considered by the U.S. Federal Housing Finance Board. Changes which were made regarding the bank's stock purchase requirements are mentioned. Reasons for the changes to the bank's...

  • Are Waivers Sign of More Flexible Finance Board? Sloan, Steven // American Banker;10/24/2006, Vol. 171 Issue 204, p1 

    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...

  • S&P Raises Outlook for the FHLB of Seattle. Sloan, Steven // American Banker;1/23/2007, Vol. 172 Issue 15, p5 

    The article looks at how Standard & Poor's Corp. (S&P) upgraded its outlook for the Federal Home Loan Bank of Seattle to "stable." The upgrade was announced after the Federal Housing Finance Board ended its oversight of the bank. According to S&P, the ratings on Federal Home Loan Bank of Seattle...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics