99-23569. Pilot Mortgage Program Proposed by the Federal Home Loan Banks of Cincinnati, Indianapolis, and Seattle

[Federal Register Volume 64, Number 175 (Friday, September 10, 1999)]
[Notices]
[Page 49187]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-23569]


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FEDERAL HOUSING FINANCE BOARD

[99-N-12]


Pilot Mortgage Program Proposed by the Federal Home Loan Banks of 
Cincinnati, Indianapolis, and Seattle

AGENCY: Federal Housing Finance Board.

ACTION: Notice of availability.

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SUMMARY: As described in a previous notice, 64 FR 44016 (August 12, 
1999), the Federal Housing Finance Board (Finance Board) has before it 
for consideration an application from the FHLBanks of Cincinnati, 
Indianapolis and Seattle to initiate a pilot program to purchase 
mortgage loans from member financial institutions under a credit risk 
sharing arrangement. The Finance Board is making the application for 
the proposed Mortgage Purchase Program, or MPP, available through its 
website (http://www.fhfb.gov) in the ``What's New'' section.

FOR FURTHER INFORMATION CONTACT: Scott Smith, Deputy Director, Office 
of Policy, Research and Analysis, [phone], Federal Housing 
Finance Board, 1777 F Street, NW, Washington, DC, 20006.
Bruce A. Morrison,
Chairman.
[FR Doc. 99-23569 Filed 9-9-99; 8:45 am]
BILLING CODE 6725-01-P