Finance Board Taking a Look At FHLB Portfolio Programs

February 2005
Mortgage Servicing News;Feb2005, Vol. 9 Issue 1, p7
Reports on the inquiry into Federal Home Loan Bank's purchasing of mortgages from their members and holding them in portfolio by the Federal Housing Finance Board chairman Ronald Rosenfeld in the U.S. Analysis of the risk and rewards of the Chicago FHL Bank's Mortgage Partnership Finance program and the Seattle FHL Bank's Mortgage Purchase Program; Operation of the banks under supervisory agreements; Career history of Rosenfeld.


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