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FHFA RIN: 2590-AB42 Publication ID: Spring 2025 
Title: Federal Home Loan Bank Member Creditworthiness Evaluation 
Abstract:

The proposed rule is withdrawn.  The proposed rule would have amended FHFA’s regulation on Federal Home Loan Bank Advances to state clearly that each Federal Home Loan Bank’s primary method of credit risk mitigation must be robust credit underwriting, as opposed to over-reliance on collateral.  The proposed rule would have supported recently issued guidance regarding member credit intended to encourage the Federal Home Loan Banks to work with their members and their members’ primary regulators to identify concerns before they precipitate impairment of a member’s ability to receive advances.  

 
Agency: Federal Housing Finance Agency(FHFA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
EO 14192 Designation: Independent agency 
CFR Citation: 12 CFR 1264    12 CFR 1266   
Legal Authority: 12 U.S.C. 1429    12 U.S.C. 1430    12 U.S.C. 1430b    12 U.S.C. 4511    12 U.S.C. 4513    12 U.S.C. 4526   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Withdrawn  04/07/2025 
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:
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