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Home » Store » News » FHLBanks Miffed by Disclosure Push

FHLBanks Miffed by Disclosure Push

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The Federal Home Loan Banks are facing mounting pressure to follow Fannie Mae’s and Freddie Mac’s lead in subjecting themselves to Securities and Exchange Commission disclosure requirements. But the FHLBanks don’t seem wild about the idea, nor are they thrilled with the process being used. “[Federal Housing Finance Board Chairman John] Korsmo didn’t talk with anyone before he publicly proposed that the banks start making SEC disclosures. A lot of the bank presidents were
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