01/22/2002
Federal Housing Finance Board Chairman John T. Korsmo intends to defer action on multidistrict membership petitions until the Board decides on a course of action to address broader membership issues.
In letters today to Federal Home Loan Banks that have petitioned the Finance Board or have asked to intervene, Chairman Korsmo noted that the comment period for the Solicitation of Comments on the multi-district issue does not end until March 4.
The letters are attached.