The bill might need some additional tweaking, but for the most part members of the Federal Home Loan Bank System appear satisfied with a recently-introduced Senate bill that overhauls oversight of the housing GSEs. The Federal Housing Regulatory Reform Act of 2005, S. 190, outlines a plan to put Fannie Mae, Freddie Mac and the FHLBanks under a single regulator known as the Federal Housing Enterprise Regulatory Agency. It closely follows a GSE reform bill…