The Federal Home Loan Bank of Seattle is making noticeable progress to improve its overall position in response to the continued struggles in the mortgage market, but significant challenges remain, according to a recent upgrade announcement from Standard & Poor’s Ratings Service. Chief among the risks are member concentration risk and continued high exposure to non-agency...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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