Allowing newer, nonbank entities access to the Federal Home Loan Bank system would introduce significant risk, given that they do not have comparable capital requirements, regulation or oversight to existing FHLB members, the American Bankers Association said in recent comments to the Federal Housing Finance Agency.
As the Federal Housing Finance Agency weighs a rulemaking process on Federal Home Loan Bank membership eligibility, the American Bankers Association provided the banking industry’s perspective on potential changes and how they might affect the FHLB system.
As expected, the Federal Housing Finance Agency today issued a request for input on Federal Home Loan Bank membership.
The Federal Housing Finance Agency today finalized a rule amending the acquired member assets regulation for the federal home loan banks.
The Federal Housing Finance Agency today issued its final rule changing eligibility for membership in the Federal Home Loan Bank system.
Following advocacy by ABA, four House members on Friday introduced bipartisan legislation to stop the Federal Housing Finance Agency from moving ahead with its proposed limitations on Federal Home Loan Bank membership.
Senate Banking Committee Chairman Richard Shelby (R-Ala.) today released a draft of a sweeping financial reform bill that would provide regulatory relief for banks of all sizes, tailor the regulatory structure for systemically important banks and begin restructuring within the Federal Reserve System and at Fannie Mae and Freddie Mac.