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Volume 9 - Number 3

February 3, 2010

FHLBs Fret Over Accounting, Systemic Risk

The Council of Federal Home Loan Banks and 10 other trade associations last week urged Sens. Chris Dodd, D-CT, and Richard Shelby, R-AL, to pay close attention to accounting policy as part of Congress’ efforts to reform the oversight of the financial services industry – especially when it comes to confronting systemic risk. “During the recent problems in the financial markets, many have...

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

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Housing Pulse

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