2012-08-07housingwire.com

Four Federal Home Loan Banks deeply hurt by investments in private-label mortgage-backed securities nearly quadrupled their second quarter earnings from a year earlier thanks to lower credit losses and rising interest income.

On a combined basis, the Federal Home Loan Banks of Seattle, Chicago, Pittsburgh and Boston reported net income of $171.1

...



Comments: Be the first to add a comment

add a comment | go to forum thread