Lapas attēli
PDF
ePub
[merged small][graphic][merged small][subsumed][merged small][merged small][merged small][subsumed][subsumed][merged small][subsumed][merged small][merged small][subsumed][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

Source: PMIS data for Fannie Mae and Home Mortgage Disclosure Act data for the conventional conforming priamry market. Comperes single-family, owner-occupied, purchase money mortgages in Metropolitan Statistical Areas. Primary market excludes subprime lending. Manufactured housing lending included in 2001 primary market.

6%

Fannie Mae and Primary Market Performance

African-American Lending

[graphic][subsumed]

5%

[blocks in formation]

0%

[blocks in formation]

Source: FMIS data for Fannie Mae and Home Mortgage Disclosure Act data for the conventional conforming primary market. Compares single-family, owner-occupied, purchase money mortgages in Metropolitan Statistical Areas. Primary market excludes subprime lending. Manufactured housing lending Included in 2001 primary market.

[blocks in formation]
[blocks in formation]

Introduction

This document provides FMCG's views on the financial costs that would likely follow SEC registration of FHLB's stock. It should help the FHLBS as they advise their Boards, their Members, and other constituents on the implications of voluntary registration as proposed by the FHFB.

On September 17, FHFB, the regulator for the 12 FHLBS, proposed "to adopt a regulation requiring each Federal Home Loan Bank (Bank) to prepare and make public certain disclosures relating to its business and financial condition. Each Bank will satisfy these disclosure requirements by voluntarily registering a class of its securities with the Securities and Exchange Commission (SEC) under the provisions of section 12(g) of the Securities Exchange Act of 1934. By voluntarily registering a class of its securities, each Bank will subject itself to the 1934 Act's periodic disclosure regime, as interpreted and administered by the SEC.

"1

1 Federal Register, Vol 68, No. 180 FMCG.сом em_FFHS 01_09-252

2

« iepriekšējāTurpināt »