Economic Thrift Institutions: <span id="federal-home-loan-bank">federal home loan bank</span> Board – Finance (1987) ‘ class=’alignleft’>The paperwork for the approval of the merger of the Federal Home Loan Bank of Des Moines and the Federal Home Loan Bank of Seattle is now official, the Federal Housing Finance Agency announced on.</p>
<p>On September 25, 2014, the Seattle Bank and the Federal Home Loan Bank of Des Moines (Des Moines Bank) entered into a definitive agreement to merge the two banks (the Merger Agreement).</p>
<p>Another positive result of the merger is that members of the legacy Seattle Bank are now more likely to use FHLB Des Moines products and services. You now hold capital stock that is liquid and are receiving a dividend on that investment.</p>
<p><a href=CitiMortgage Slashes Interest Rates on Jumbo Mortgages CitiMortgage Slashes Interest Rates on Jumbo Mortgages – As of today, Citi will offer 30-year fixed-rate jumbo mortgages at 5.625%. It will also offer five-year adjustable-rate mortgages at 4.875%. Recent jumbo rates regularly top 6%.

The Federal Home Loan Bank of Seattle is going to lay off 109 employees, or more than two-thirds of its workforce, a FHLB Seattle spokesperson confirmed on Thursday. The news comes after years of.

 · As the Federal Home Loan Bank of Seattle and the Federal Home Loan Bank of Des Moines discuss their potential merger, we will work with them to ensure that any agreement will result in a financially strong Bank that supports the interests of all its members.

AAG launches jumbo reverse mortgage product AAG recently began to offer another product, a jumbo reverse mortgage, called AAG Advantage, for borrowers with high-value homes who wish to borrow more than the limit allowed on FHA reverse mortgages. Eligible homeowners may borrow up to $6 million with the AAG jumbo reverse mortgage.

Florida AG joins CFPB, FTC enforcement sweep The CFPB announced that, together with the Florida AG, it has obtained judgments against several Florida companies and their individual operators who were charged in a complaint filed in a florida federal court with using deceptive marketing practices and collecting illegal advance fees from consumers seeking mortgage relief services.

DES MOINES (12/29/14)–A voluntary merger of the Des Moines and Seattle Federal home loan banks (FHLBs) has been approved by the Federal Housing Finance Agency (FHFA). The merger was first announced in September, and the two institutions submitted their merger application Oct. 31.

FHLB Des Moines, FHLB Seattle finalize merger Kenneth Brown Contents Seattle) announced today Previous week.construction spending flatlines Capacity. senator tom Billion rescue package DES MOINES, Iowa and SEATTLE, July.

DES MOINES, Iowa, June 01, 2015 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of Des Moines ("FHLB Des Moines") announced today that it has successfully completed its merger with the Federal Home Loan Bank of Seattle ("FHLB Seattle"). Additional details will be included in a related Form 8.

 · The Federal Home Loan Bank of Des Moines (“FHLB Des Moines”) announced today that it has successfully completed its merger with the Federal Home Loan Bank of Seattle (“fhlb seattle”). additional details will be included in a related Form 8-K that FHLB Des Moines will file with the Securities and Exchange Commission.

Small housing inventory may push rental demand for years  · "More than two-thirds of the markets are seeing less inventory now compared to a year ago," says. more housing demand.. and replacing them with bigger homes or multifamily rental.