Any Movement, At all?
At last, an interim reality check. Responses to the FHFA’s Request for Input (RFI) on the FHLB Mission are due by Monday, July 15th, and
At last, an interim reality check. Responses to the FHFA’s Request for Input (RFI) on the FHLB Mission are due by Monday, July 15th, and
After spending the holiday week attempting to get my arms around the affordable housing market – the issues, the solutions and the programs – I
At last, the transition to what can be done and done better – even good. Plus, I’ve been implored to stop talking about retained earnings,
After the welcome diversions of the last two posts, I’m back to the issue at hand – estimating what resources the FHLBs can apply towards
First Senator Cortez Masto and her office, then the Federal Housing Finance Agency, then a nod from President Biden, and then this week Treasury Secretary
To end the week, I’m going off topic – or my immediate quantification topic – and jumping to the end goal – more effectively deploying
Continuing last week’s topic, FHLBanks make money, a lot of it and a steady stream too. Thus far, they have only done two things with
FHLBank profits for 2023 were two times higher than any previous year, and 2024 may reach that level too. I’ve shown the FHLBs have abundant
I promised a deep dive into the FHLBanks’ business to better assess how much money there is. And I may still do that, but not
Well, the easy part is done – that is refuting the talking points of the FHLBs argument to maintain the status quo. Next up, coming