Updated Friday, October 31, 2014 as of 4:33 AM ET

How to Reform the Federal Home Loan Banks

Housing reform is still too hot to handle for members of Congress getting ready to ramp up their campaigns for re-election. The issue has also seemed to lose some steam as Fannie Mae and Freddie Mac started churning out profits for the federal government due to an improved housing market and money from legal settlements with bankers. Though many would say that the crisis has now passed, this is precisely the time to get serious about a reform effort. To accomplish true reform, we must take into consideration something that has been conspicuously absent from the debate: the future of the Federal Home Loan Bank system.

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Comments (1)
If to be honest I'm not a fan of banks and using credit cards. There are many disadvantages. First of all you can become a bankrupt because someone can cheat you. Your identity can be stolen and you will pay back the loan which you didn't take. If you don't have money it is much better to hassle free service providing Installment loans online and to pay by cash. You will be sure that your identity won't be stolen and you money are in your pocket.
Posted by Jennifer S | Monday, July 21 2014 at 3:18PM ET
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