000 01231pab a2200169 454500
008 180718b2002 xxu||||| |||| 00| 0 eng d
100 _aHoffmann, Susan
245 _aWhat are the federal home loan banks up to? Emerging views of purpose among institutional leadership
260 _c2002
300 _ap.461-70.
362 _aAug
520 _aThe Federal Home Loan Bank System has come under sharp criticism in recent years, and the question has been raised as to whether it still has a public purpose. In this article, we ask what leaders in the Federal Home Loan Banks view their institutions' purpose to be in light of legislative changes to their mandates in 1989 and 1999. Based on interviews with FHLB executive managers and board members, we identify three clearly distinguishable views of these institutions' mission: housing finance, support for the viability of community financial institutions, and support for housing and community development. We go on to identify some of the implications of these distinctive views for the behaviour of the FHLBs and for their governance structures. - Reproduced.
650 _aBanks
700 _aCassell, Mark
773 _aPublic Administration Review
909 _a53097
999 _c53097
_d53097