Review of Federal Home-Loan Banks Is Planned

Wall Street Journal, Sept. 1, 2022–Andrew Ackerman (subscription)
Bob Broeksmit, head of the Mortgage Bankers Association, which represents nonbank lenders, said his group welcomed the review. “There’s a need for an FHLB system that better reflects today’s housing finance market—not one from the 1930s,” he said in a statement.