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Washington, D.C. -- With less money coming flora state and local governments, and with steeply rising development costs, the Federal Home Loan Bank (FHLB) system is playing an increasingly important [...]

Dept. of Housing and Urban Devoplement Asst. Sec. Nicolas Retsinas is the newly-appointed Federal Housing Administration commissioner. Retsinas is confident that banks lending funds for affordable housing and which get advances from federal home loan banks can manage their finances well. He does foresee a trend toward borrowing from commercial banks and is optimistic that more banks will consider the multifamily lending program., You may never have heard of Nicolas Retsinas, but he wields considerable influence over public housing policy--and increasingly, power over lenders' affordable housing efforts. Nicolas Retsinas is a man of [...]

Countrywide Financial Corp. 'is in full compliance' with the Federal Home Loan Bank of Atlanta's collateral requirements, an executive said in response to questions Sen. Charles Schumer raised about the [...]

The credit crunch fueled a surge in advance borrowings at the 12 Federal Home Loan banks last month, with loans to members soaring 16.7%, to $769 billion. In an unusual [...]

WASHINGTON -- The Federal Housing Finance Board's decision Friday to scrap its retained-earnings proposal while approving a less restrictive excess-stock rule amounted to an early Christmas present for the industry. [...]

The Federal Housing Finance Board approved a plan Wednesday that gives the Federal Home Loan Bank of Seattle authority to create a temporary excess stock pool that will help capitalize [...]

WASHINGTON -- Policy proposals are often divisive, but rarely are federal regulators as isolated as Federal Housing Finance Board Chairman Ronald Rosenfeld is on his plan to boost the Federal [...]

History Lesson Federal Reserve Board Chairman Ben Bernanke was back in his old role of professor Friday, when he gave a speech to the Federal Reserve Bank of Kansas City's [...]

WASHINGTON -- How well the Federal Home Loan banks performed during the second quarter depends largely on how their success is measured. Nine of the 12 banks have filed their [...]

Washington -- It was just a brief mention of an idea, a single question in a 152-page plan distributed by the Federal Deposit Insurance Corp. last month. The question: Whether [...]

Debate over a proposed change in the Federal Home Loan banks' capital requirements is turning into an argument about the banks' purpose and has serious implications for community bankers who [...]

The last of the 12 Federal Home Loan banks has filed current financial statements with the Securities and Exchange Commission, taking another step toward full public-company registration. On Friday, the [...]

WASHINGTON -- A regulatory ruling allowing the Federal Home Loan Bank of Chicago to issue its own nonconsolidated debt has touched off a debate in the system about whether its [...]

WASHINGTON -- Wachovia Corp.'s planned purchase of Golden West Financial Corp. might hurt the business of two Federal Home Loan banks and help push the system toward consolidation, observers said [...]

America's Community Bankers is seeking more information from the Federal Housing Finance Board on how it developed a proposal that would require the Federal Home Loan banks to raise their [...]

WASHINGTON -- The head of the Federal Housing Finance Board defended his agency's plan to significantly raise retained earnings at the Federal Home Loan banks, saying it was in the [...]

WASHINGTON -- The 12 Federal Home Loan banks would have to hold significantly more in retained earnings under a proposal the Federal Housing Finance Board issued Wednesday. The proposal would [...]

One of the most controversial elements delaying GSE reform legislation is the provision in the bill approved by the House Financial Services Committee that would direct 5% of Fannie Mae [...]

WASHINGTON -- Three more Federal Home Loan Banks said Thursday that they will not meet an Aug. 29 deadline to register with the Securities and Exchange Commission because of unresolved [...]

Sens. Debbie Stabenow, D-Mich., and Evan Bayh, D-Ind., are expected to offer an amendment today that would explicitly authorize the 12 Federal Home Loan banks to securitize their mortgage purchases. [...]

Odds are Congress won't take a cleaver to Fannie Mae and Freddie Mac,the two government-sponsored entities that together hold about $1.5 trillion of home loans and mortgage securities. Critics, including [...]

The Federal Home Loan Bank of Seattle reported Friday that its first-quarter net income dropped 46% from a year earlier, to $12.3 million. The bank had previously warned that it [...]

WASHINGTON -- The director of the Office of Federal Housing Enterprise Oversight said Fannie Mae's problems are worse than Freddie Mac's and hinted a hefty fine may be in the [...]

WASHINGTON -- When the Federal Home Loan Bank System started mortgage purchase programs several years ago, experts predicted they would eventually break Fannie Mae and Freddie Mac's lock on the [...]

The Federal Home Loan Bank of Chicago announced Tuesday that it would restate three years of earnings upward by $75 million. The bank said its fully restated, audited financial statements [...]

One of the provisions of the Gramm-Leach-Bliley Act that was expected to produce the biggest benefit for small commercial banks gave them the option of using business and agricultural loans [...]

The 12 Federal Home Loan banks are in the midst of a significant policy debate. The Home Loan Bank of Seattle, the latest to head in the latter direction, said [...]

As part of his push to get Freddie Mac to finance more affordable-housing units, its chairman and chief executive hinted he is considering setting up a risk-sharing arrangement with the [...]

Assets, advances, net income, and retained earnings all increased on a combined basis at the 12 Federal Home Loan banks in the second quarter, the Office of Finance reported Tuesday. [...]

The $2.7-billion CEFCU has rolled out an affordable program for home buyers that it is calling the 'Flex 100 Home Loan Program.' The program allows the home buyer to finance [...]

In the year since the Federal Housing Finance Board ordered the Federal Home Loan banks to bolster their retained earnings, most have done so; over all they have risen 20%. [...]

An industry-commissioned study that says stock registration would cost the Federal Home Loan banks hundreds of millions of dollars is making waves with their regulator. The clash over estimates of [...]

Presenting a united front, three key Bush administration officials on Friday pressed the 12 Federal Home Loan banks to voluntarily comply with Securities and Exchange Commission registration requirements. In joint [...]

Bankers and lawmakers have been drawn into a fee fight between the Federal Deposit Insurance Corp. and the Federal Home Loan Bank System. When the FDIC took over the $69 [...]

Nearly three and a half years after Congress removed limits on the pay of the 12 Federal Home Loan bank presidents, it continues to rise -- frequently with no clear [...]

The Federal Home Loan Bank System said its net income fell 16.5% last year as it struggled with low interest rates and losses on derivatives and hedging arrangements. Separately, the [...]

The Federal Housing Finance Board is scheduled to discuss on Dec. 2 whether to require Federal Home Loan Banks to make certain disclosures to the Securities and Exchange Commission. The [...]

Throngs of banks that earned a high spread on convertible advances they borrowed from the Federal Home Loan banks and the repo market in the late 1990s thought they had [...]

Low interest rates and a decline in the value of investments took a chunk out of Federal Home Loan bank profits in the second quarter, the system's Office of Finance [...]

The Federal Home Loan Bank System's 2001 net income fell 2.6%, to $2.15 billion, despite an 8% increase in demand for advances by member banks. According to the system's annual [...]

The Federal Home Loan Banks' mortgage purchase program grew by 61% over the past year and ended 2001 with $24.8 billion in loans on the books of participating FHLBanks. The [...]