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FHFA RIN: 2590-AB41 Publication ID: Spring 2024 
Title: ●Federal Home Loan Bank Unsecured Credit Limits 
Abstract:

The proposed rule would amend the provision of FHFA’s regulation on Federal Home Loan Bank Capital Requirements establishing limits on unsecured extensions of credit to provide deposits held in interest bearing deposit accounts at highly-rated banks with the higher limit that currently applies only to overnight federal funds.

Development of this proposed rule is based partially on stakeholder input received as part of FHFA's Federal Home Loan Bank System at 100 initiative, as well as on requests from the Federal Home Loan Banks and their boards of directors.

 
Agency: Federal Housing Finance Agency(FHFA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 12 CFR 1277   
Legal Authority: 12 U.S.C. 1426    12 U.S.C. 1431    12 U.S.C. 1436    12 U.S.C. 4511    12 U.S.C. 4513    12 U.S.C. 4526   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  09/00/2024 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.fhfa.gov; www.regulations.gov   Public Comment URL: www.fhfa.gov; www.regulations.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Jack Phelps
Assoc. Dir., Ofc of Capital Markets and Financial Analysis, Div of Federal Home Loan Bank Regulation
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 975-9704
Email: jack.phelps@fhfa.gov

Eric Raudenbush
Associate General Counsel
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3084
Email: eric.raudenbush@fhfa.gov