Senate Bill Would Reverse FHFA Ruling Barring ‘Captive Insurers’ from FHLB Membership

Mortgage Orb, Feb. 2, 2018–Patrick Barnard
A bill introduced in the Senate would reverse a 2016 ruling from the Federal Housing Finance Agency to disallow captive insurance companies from membership in the Federal Home Loan Bank System. David Stevens, president and CEO of the Mortgage Bankers Association, expressed support for the bill.