FHFA extends FHLB membership proposed rule comment period

The director also asked mortgage banker’s to comment on the membership requirements of Federal Home Loan Banks during the extended comment period. part of FHFA’s policymaking process. So give us.

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Because of the high level of interest in the proposed amendments to the federal home loan banks’ affordable housing Program (AHP) regulation, the Federal Housing Finance Agency (FHFA) is extending the comment period for the proposed rule by 30 days, to June 12.

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Comments received will be posted without change to https://www.fdic.gov/regulations/laws/federal, including any personal information provided. FHFA. interim final rule has a "tacking" provision.

The Federal Housing Finance Agency, which oversees the two mortgage giants in conservatorship, issued proposed "guidance" Aug. 12 that would prohibit Fannie and Freddie plus the federal home loan.

On October 6, the FHFA announced that it is extending the comment period for its proposed rule on Federal Home Loan Bank membership by 60 days, or to January 12, 2015.The proposed rule would revise the requirements for financial institutions to apply for and retain membership in one of the 12 Federal Home Loan Banks.

The reduction of the notice period. (“FHFA”) issued a final rule amending its regulation on Federal Home loan bank (“fhlb“) membership requirements on January 12. The final rule does not include.

Following pressure from industry trade groups, including the Mortgage Bankers Association (MBA), the Federal Housing Finance Agency (FHFA) has extended the comment period for its proposed rule on Federal Home Loan Bank (FHLB) membership by 60 days.

NAFCU letter to FHFA: request for comment period extension on proposed rule on FHLBs membership. September 4, 2014. The Honorable Melvin L. Watt Director Federal Housing Finance Agency 400 Seventh.

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The comment period will now close on January 12, 2015. FHFA is extending the comment period in light of the importance of the issues addressed in the proposed rule, the high level of interest in the proposal and requests from multiple stakeholders for more time to evaluate the proposed rule.

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B. This Final Rule This final rule follows publication of the February 1, 2011, proposed rule and takes into consideration the public comments received in response to the proposed rule. By the close.