Browsing: FHLB membership

Newsbytes FHFA issues Federal Home Loan Bank report

The Federal Housing Finance Agency issued its long-expected report on the comprehensive review of the Federal Home Loan Banks, culminating a process that began last year in conjunction with the 100th anniversary of the FHLB system.

Newsbytes ABA cautions against opening FHLB System to nonbank entities

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.

Mortgage

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.

Community Banking

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.