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Home » Store » News » FHLBs Urge Subprime Refi Authority be Expanded

FHLBs Urge Subprime Refi Authority be Expanded

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The Federal Home Loan Banks would like to see their recently acquired authority to support struggling subprime borrowers’ refinance activity expanded beyond just the HOPE for Homeowners Program. Eight of the 12 FHLBanks spoke in general accord to that effect in public comments submitted to their regulator, the Federal Housing Finance Agency, which sought the input when it issued its...
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