FHLBanks Might Provide $100 Million in H4H Support
October 15, 2008
The 12 Federal Home Loan Banks just got a little more relevant and useful to their members, but only about $100 million worth. Last week, their new regulator, the Federal Housing Finance Agency, issued an interim final rule that will enable members of the Banks participate in the new HOPE for Homeowners program. However, only about $100 million will be available, so the positive effect in...