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Volume 15 - Number 1

December 30, 2014

Seattle and Des Moines FHLBanks Merger Cleared by Regulator

The Federal Housing Finance Agency in December cleared the merger of the Federal Home Loan Bank of Seattle and the FHLB Des Moines, which will create the largest FHLB by membership, serving 1,500 institutions in 13 states. The first voluntary merger in the FHLB System’s 82-year history has been approved by the boards of both FHLBs and must now be voted on by members of the two institutions, which will occur in January and February. “This is a critical milestone in the ...

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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