Months after public commenters noted their opposition to proposed changes to the membership criteria of the 12 Federal Home Loan Banks, the Banks’ regulator, the Federal Housing Finance Agency, is still weighing its options going forward.At the end of December 2010, the FHFA released an advanced notice of public rulemaking indicating it was reviewing its regulations governing Bank membership to ensure there’s enough of a connection between Bank membership and the mission of the FHLBanks.
At press time, MFA's shares were up slightly on the day to $10.32 a unit. Its 52-week low is $9.36, its high $13.45.
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