Lawrence Costiglio, a member of the Federal Housing Finance Board, has been told by the White House that his tenure on the board will end March 23.

The Finance Board regulates the $325 billion-asset Federal Home Loan Bank System, a government-sponsored enterprise charged with assisting housing by making loans to mortgage-lending institutions.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.