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Home » Store » Taxable » Korsmo, FHLBanks Remain Deadlocked

Korsmo, FHLBanks Remain Deadlocked

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The standoff between Federal Housing Finance Board Chairman John Korsmo and the Federal Home Loan Banks over whether the Banks should register their stock with the Securities and Exchange Commission continued this week with no resolution in sight. While Korsmo is optimistic that meetings between individual FHLBanks and SEC officials will pave the way for voluntary registration, reports from participants in several of the recent meetings suggest little has happened to change the Banks
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