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Washington
Inside Washington (12/31/2007)
* WASHINGTON (1/2/08)--The Federal Home Loan Bank (FHLB) of Indianapolis announced Friday it will provide $100 million as a part of a lending initiative, named HomeRetain (American Banker Dec. 31). The money will be divided among FHLB member institutions in Indiana and Michigan, and institutions can use the funds to refinance or modify primary residence mortgages in any state. The program ends in June, and the bank will analyze the initiative’s results shortly after … * WASHINGTON (1/2/08)--The Federal Housing Finance Board has adjusted the cap on total assets that define a community financial institution and the limits on annual compensation for Federal Home Loan Bank directors. The changes were effective yesterday …


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