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FHFB RIN: 3069-AA94 Publication ID: Fall 2000 
Title: Amendment of Membership and Advances Regulations 
Abstract: The Finance Board adopted a final rule amending its membership regulation and advances regulation to conform certain provisions to the requirements of the Federal Home Loan Bank System Modernization Act of 1999, and to make certain technical revisions to the membership regulation that are not related to the Modernization Act, in order to clarify the treatment of de novo members that fail to meet the 10 percent residential mortgage loans requirement within the required one-year time frame. 
Agency: Federal Housing Finance Board(FHFB)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: uncollected 
CFR Citation: 12 CFR 925    12 CFR 950   
Legal Authority: 12 USC 1422    12 USC 1422a    12 USC 1422b    12 USC 1423    12 USC 1424    12 USC 1426    12 USC 1429    12 USC 1430    12 USC 1430b    12 USC 1431    12 USC 1442   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  03/15/2000  65 FR 13866   
Interim Final Rule Comment Period End  04/14/2000    
Final Action  07/03/2000  65 FR 40979   
Final Action Effective  07/03/2000    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
Agency Contact:
Sharon B. Like
Senior Attorney-Advisor
Federal Housing Finance Board
1625 I Street NW.,
Washington, DC 20006
Phone:202 408-2930
Fax:202 408-2580
Email: likes@fhfb.gov