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FHFA RIN: 2590-AB33 Publication ID: Fall 2023 
Title: ●Members of the Federal Home Loan Banks 

This proposed rule would amend FHFA’s regulation on Bank membership to:  improve fairness and consistency of treatment of different member types under the regulation; prevent circumvention of the membership eligibility requirements; clarify FHFA’s expectations of the Banks regarding their applicant review and due diligence duties to improve safety and soundness; and reorganize and update the regulation to improve conceptual coherence among topics, include new sections, delete obsolete language, and move sections more appropriate to the Bank capital regulation.

Agency: Federal Housing Finance Agency(FHFA)  Priority: Other Significant 
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 1263   
Legal Authority: 12 U.S.C. 1422 to 12 U.S.C. 1424    12 U.S.C. 1426    12 U.S.C. 1430    12 U.S.C. 1442    12 U.S.C. 4511    12 U.S.C. 4513   
Legal Deadline:  None
Action Date FR Cite
NPRM  02/00/2024 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL:;   Public Comment URL:;  
RIN Data Printed in the FR: No 
Agency Contact:
Eric Raudenbush
Managing Associate General Counsel
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3084