The MPF Program recently surpassed $1 billion in mortgage-backed securities (MBS) issued. The MPF Government MBS product was the result of a partnership forged by the Federal Home ...
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FHFA Announces Final FHLBank Membership Rule
The rule enacts portions of the FHLBank Act, which governs eligibility for membership and establishes requirements for an institution to become and remain a member of a FHLBank.
Read More »OIG Finds Inconsistencies in FHLB Expenses
HERA, the Housing and Economic Recovery Act of 2008, required Federal Home Loan Bank director expenses to be reported to Congress in its annual report. However, an investigation by the inspector general for the Federal Housing Finance Agency found that director expense reports contained "inconsistencies and limitations that diminish their usefulness."
Read More »FHLB of New York Names New President, CEO
Effective April 1, José R. González will lead the Federal Home Loan Bank of New York (FHLBNY) as president and CEO, the bank announced.
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