The Federal Housing Finance Board has just finished a series of hearings aimed at helping it develop legislation to overhaul the Federal Home Loan Bank System, which it regulates.

In an session with American Banker reporters last week, Nicolas Retsinas, an assistant HUD secretary who sits on the Finance Board, and Rita Fair, the agency's managing director, said they expect the legislation to be ready in the first quarter.

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.