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FEDERAL HOUSING FINANCE BOARD TO HOLD HEARINGS ON CONGRESSIONALLY MANDATED BANK SYSTEM STUDY

 WASHINGTON, Feb. 16 /PRNewswire/ -- The Federal Housing Finance Board (FHFB) today announced that it will hold public hearings and request comment on the study of the Federal Home Loan Bank System it is preparing for Congress.
 A notice in today's Federal Register announces the hearings, which are scheduled for March 25-26, 1993, and outlines the 14 topics concerning the Bank System, government sponsored enterprises generally and other topics pertaining to housing finance that the Finance Board has been requested to address.
 "These hearings offer a unique opportunity for comment on the future of the Federal Home Loan Bank System," said Finance Board Chairman Daniel F. Evans Jr. "We look forward to receiving the views of Bank System members, housing and community groups, trade associations and other interested parties."
 The outcome of the finance board study, which was mandated by the Housing and Community Development Act of 1992, must be reported to Congress by April 28, 1993. Studies of the same 14 topics were assigned separately to the Finance Board, Department of Housing and Urban Development, Congressional Budget Office, General Accounting Office and a committee of members of the Federal Home Loan Bank System.
 A copy of the Federal Register notice is available upon request.
 -0- 2/16/93
 /CONTACT: Chuck Chamness of Federal Housing Finance Board, 202-408-2986/


CO: Federal Housing Finance Board ST: District of Columbia IN: FIN SU:

MH-TW -- DC010 -- 6826 02/16/93 13:22 EST
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Date:Feb 16, 1993
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