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FHFA | RIN: 2590-AB33 | Publication ID: Fall 2024 |
Title: Members of the Federal Home Loan Banks | |
Abstract:
The proposed rule would amend FHFA’s regulation on Federal Hom Loan Bank (FHLBank) 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 FHLBanks 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 FHLBank capital regulation. Aspects of the proposed rule will incorporate appropriate stakeholder input received as part of FHFA’s Federal Home Loan Bank System at 100 initiative.
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Agency: Federal Housing Finance Agency(FHFA) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: 12 CFR 1201 12 CFR 1263 12 CFR 1277 | |
Legal Authority: 12 U.S.C. 1422 12 U.S.C. 1423 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 12 U.S.C. 4526 |
Legal Deadline:
None |
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Timetable:
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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: Julie Paller Principal Financial Analyst, Div of Federal Home Loan Bank Regulation Federal Housing Finance Agency 400 Seventh Street SW, Washington, DC 20219 Phone:202 649-3201 Email: julie.paller@fhfa.gov Winston Sale Assistant General Counsel Federal Housing Finance Agency 400 Seventh Street SW, Washington, DC 20219 Phone:202 649-3081 Email: winston.sale@fhfa.gov |