Dozens of community bankers flocked to Washington this past week to discuss the relevance of the Federal Home Loan Bank System. The regulatory review may determine whether the little-known but politically powerful cooperative is fulfilling its congressionally mandated mission to “provide reliable liquidity to its member institutions to support housing finance and community investment.”

Larger financial institutions, nonbanks mainly absent away from FHFA’s Financial financial query

One-by-one, small society lenders and you can property positives spoke nearly or out of a beneficial lectern from the highest-ceilinged auditorium at Composition Heart the fresh head office of your banks’ regulator, brand new Government Property Loans Service. Read the rest of this entry »