Federal Housing Finance Board Chairman John Korsmo this week was diplomatically – if not delicately – moving to take up the sensitive issue of how effectively the Federal Home Loan Banks tap the capital markets. Earlier this year Korsmo stirred up a hornet’s nest among the Bank presidents when he floated a “discussion draft” outlining a major restructuring of the FHLBank system’s Office of Finance as a way to improve efficiencies in the Banks