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Home » Store » Taxable » FHFB Adopts ‘Permissive’ Director Rule

FHFB Adopts ‘Permissive’ Director Rule

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Individual Federal Home Loan Banks can have more influence over the qualifications of candidates for their boards of directors, thanks to a new rule adopted by the Federal Housing Finance Board. But whether it provides enough flexibility to some Banks and their members is in question. At its monthly meeting in Washington, DC, the Finance Board unanimously voted to adopt a rule that permits – but does not require – individual FHLBanks to establish the…
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