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 purpose to “provide reliable liquidity to its member institutions to support housing finance and community investment.”

Huge financial institutions, nonbanks largely absent away from FHFA’s Financial bank query

One by one, brief area bankers and you will construction experts spoke about otherwise of an excellent lectern throughout the highest-ceilinged auditorium during the Constitution Cardio brand new head office of your own banks’ regulator, the newest Federal Housing Financing Agency. Read More >