Advances from Federal Home Loan Banks during 2020 decreased about 34% to $422.6 billion, the Federal Housing Finance Agency reported today.
The Federal Housing Finance Agency today issued a request for input seeking feedback on how climate change and natural disasters could pose risks to the housing finance system, Fannie Mae and Freddie Mac and the Federal Home Loan Banks.
Advances from the Federal Home Loan Banks during 2019 fell about 12% to $641.5 billion, the Federal Housing Finance Agency said today.
The Federal Home Loan Banks awarded approximately $458 million in affordable housing program funds in 2019, approximately the same as the year prior, according to a report released today by 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.
The Federal Housing Finance Agency today finalized several changes to the housing goals for the Federal Home Loan Banks.
With Congress poised to approve additional funding for the Small Business Administration’s Paycheck Protection Program as early as today, the Federal Housing Finance Agency confirmed today that Federal Home Loan Banks may accept PPP loans as collateral when making advances to their member banks.
The Federal Home Loan Banks’ Mortgage Partnership Finance program today released a statement outlining temporary policies to enable servicers to assist borrowers affected by the coronavirus pandemic.
As expected, the Federal Housing Finance Agency today issued a request for input on Federal Home Loan Bank membership.
Building on previous warnings about risks associated with home retrofitting loans financed through tax assessments, the Federal Housing Finance Agency is requesting public input on additional steps to deal with the “continued threat” that these loans pose to homeowners and the housing finance system.