In his latest take on the future of the Home Loan Banks, Acting FHFA Director DeMarco sees a future for them – albeit not the one for which the bigger Banks have hoped. Although refusing to take a stand on the Banks, DeMarco suggests that, even under current law, they could take a bigger role in guaranteeing MBS or otherwise providing credit enhancement for loans originated by community banks.

 

The full report is available to subscription clients.  To find out how you can sign up for the service, click here