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Washington
Inside Washington (12/04/2007)
* WASHINGTON (12/5/07)--Federal Housing Finance Board Chairman Ronald Rosenfeld has responded to a letter written by Sen. Charles Schumer (D-N.Y.) regarding concerns with Countrywide Financial Corp.’s advances from the Federal Home Loan Bank of Atlanta. Relationships between the banks and their members are supervised, Rosenfeld said. He declined to agree with Schumer’s request that the board prohibit banks from accepting collateral that is out of line with non traditional mortgage guidance (American Banker Dec. 4) … * WASHINGTON (12/5/07)--The Small Business Administration (SBA) and Nationwide Mutual Insurance Company launched a disaster planning guide for small business owners. The guide was announced Tuesday during an event at the National Press Club in Washington, D.C. The guide provides strategies to help small businesses identify hazards, create plans to remain in operation if the office is unusable and understand the limitations of insurance coverage. Hard copies of the guide will be distributed by the SBA field offices. An electronic guide will be made available …


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