The Government Accountability Office said FHFA can’t accurately gauge the accuracy of the data it uses to monitor nonbanks and overlooks key risks associated with warehouse lending. FHFA agreed to address the issues.

Executive salary change at Freddie; FHLB membership for community lenders in Puerto Rico; FHFA re-elects GSE boards.

A new Urban Institute report found that as a bank’s ratio of FHLBank advances to total assets grows, so does its level of overall lending and mortgage originations.