Charles A. Bowsher, a former comptroller general of the United States, has been named the private-citizen director on the board of directors of the Office of Finance, and as such, he will be chairman of the board.Mr. Bowsher was appointed to a three-year term. In addition to serving as comptroller general for 15 years after his appointment to that post in 1981 by President Ronald Reagan, Mr. Bowsher has served on several corporate boards and is currently on the advisory board of the Public Company Accounting Oversight Board, the Office of Finance said. The Office of Finance is the debt issuance facility of the Federal Home Loan Banks. It can be found online at http://www.fhlb-of.com.
-
Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
13m ago -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
1h ago -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
1h ago -
The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
5h ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
9h ago -
AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
9h ago









