Inspector General Criticizes US Regulator’s Oversight Of Home Loan Banks
Of DOW JONES NEWSWIRES
WASHINGTON (Dow Jones)–A U.S. housing regulator should do a better job overseeing 12 regional institutions that provide funding for home loans amid financial problems at four of the those banks, a government watchdog report said Wednesday.
the report by the inspector general of the Federal Housing Finance Agency examined the agency’s oversight of the 12 Federal Home Loan Banks, which are chartered by the federal government but owned by their member banks and other lenders. …
Of DOW JONES NEWSWIRES
WASHINGTON (Dow Jones)–A U.S. housing regulator should do a better job overseeing 12 regional institutions that provide funding for home loans amid financial problems at four of the those banks, a government watchdog report said Wednesday.
the report by the inspector general of the Federal Housing Finance Agency examined the agency’s oversight of the 12 Federal Home Loan Banks, which are chartered by the federal government but owned by their member banks and other lenders. …
