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Home » OTTI Forces Boston FHLBank to Miss SEC Deadline
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OTTI Forces Boston FHLBank to Miss SEC Deadline

April 8, 2009
The “other-than-temporary” impairment saga continues with the Federal Home Loan Bank of Boston, which recently announced it could not file its annual form 10-K with the Securities and Exchange Commission due to a sudden discovery that it might have to take even deeper writedowns on its non-agency mortgage-backed securities holdings than it had anticipated. The Boston Bank initially...
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