REFinBlog

Editor: David Reiss
Cornell Law School

December 17, 2025

Federal Home Loan Banks during Financial Stress

By David Reiss

I was happy to participate in the discussion group process for the Government Accountability Office’s report, Federal Home Loan Banks: Role During Financial Stress and Members’ Borrowing Trends and Outcomes (GAO-26-107373). The Highlights of the report include The Federal Home … Continue reading

December 17, 2024

Federal Home Loan Banks’ Liquidity Role During Financial Crises

By David Reiss

The U.S. Government Accountability Office (GAO) has invited me to participate in a review of the Federal Home Loan Banks’ Liquidity Role During Financial Crises. I have previously written about the FHLBs here. The invite reads in part, GAO is … Continue reading

July 24, 2024

The Wayward Mission of the Federal Home Loan Bank System

By David Reiss

I recently submitted this comment to the Federal Housing Finance Agency in response to its request for input about the mission of the Federal Home Loan Bank System. It opens, The Federal Housing Finance Agency (the “FHFA”) has requested Input … Continue reading

September 30, 2022

Rethinking The Federal Home Loan Bank System

By David Reiss

Law360 published my column, Time To Rethink The Federal Home Loan Bank System. It opens, The Federal Housing Finance Agency is commencing a comprehensive review of an esoteric but important part of our financial infrastructure this month. The review is … Continue reading