A three-year business and capital management plan for the Chicago Federal Home Loan Bank has been accepted by its regulator, the Federal Housing Finance Board, fulfilling a key requirement of the bank's written agreement with the regulator announced last summer. The plan is designed to ensure the bank continues serving the housing finance needs of its member financial institutions by allowing for the ongoing growth of its advances business and the development and evolution of the Mortgage Partnership Finance Program, while also addressing the regulatory issues raised by the Finance Board.
"We are pleased to have completed the development of this plan, which represents another …
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