Should the FHLBanks Have Fannie/Freddie Type Affordable Housing Goals? Bring It On, Says One
September 9, 2004
As the Federal Home Loan Banks have substantially stepped up their involvement in the secondary mortgage market over the past several years, there has been a growing – albeit behind-the-scenes – debate on whether it might be appropriate to subject them to the same kind of affordable housing goals applied to their government-sponsored cousins – Fannie Mae and Freddie Mac. …