Beginning his two-year term on January 1, Larry Thompson will assume the role of Board Chair of the Congressionally chartered, wholesale bank that is part of the Federal Home Loan Bank System.
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The latest annual report from the FHFA revealed that an estimated $352.4 million in total contributions to the Affordable Housing Program was awarded in 2021, which assisted more than 32,000 low- and moderate-income households.
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U.S. Senate confirms Thompson to formally lead supervision, regulation, and oversight of the GSEs and the Federal Home Loan Bank System.
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