Insight: Life insurers overestimate America’s finances intended to help housing
New York, Dec. 5, 2010 (AFP) – Major life insurers are getting less funding from the U.S. government-backed financial system, raising billions of dollars to help increase affordable housing, according to interviews with industry executives and regulators. Descriptions show. When the Federal Home Loan Banks (FHLBs) were created in 1932 to provide financial support to … Read more