John Fisk has been named chief executive officer of the FHLBanks Office of Finance, the debt issuance facility of the Federal Home Loan Banks, effective Jan. 1.Mr. Fisk has served as the No. 2 executive in the Office of Finance since May 2004, and is currently responsible for managing all day-to-day functions. He will succeed CEO and managing director John K. Darr, who has led the Office of Finance since 1992 and plans to retire on Dec. 31. Mr. Fisk will also become chief operating officer and president of both the Financing Corp. and the Resolution Funding Corp. on Jan. 1. Before joining the Office of Finance, Mr. Fisk was executive vice president of strategic planning at MGIC, and he previously held various capital market and mortgage positions over 17 years at Freddie Mac. By the time he left in 2000, he was executive vice president for the single-family mortgage business.
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AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
2h 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.
2h ago - AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18









