Browsing: FHLBs

Mortgage

The FDIC today released the third installment of its guide to affordable single-family home loan programs, which collects information about programs to expand access to affordable mortgage credit, including programs targeted in rural and low- and moderate-income communities and to Native Americans and veterans.

Mortgage

In a comment letter to the Federal Housing Finance Agency yesterday, the American Bankers Association encouraged FHFA to add greater flexibility for federal home loan banks under a proposed rule amending the acquired member assets regulation.

Mortgage

Arguing that the proposal runs against congressional intent and sound public policy, ABA today called on Congress to pass legislation requiring the Federal Housing Finance Agency to withdraw its proposal on Federal Home Loan Bank membership.

Community Banking

ABA wrote to Sen. Heidi Heitkamp (D-N.D.) yesterday thanking her for introducing S. 1974, the Relationship Lending Preservation Act. The bill would provide the same regulatory treatment to mortgages sold to the Federal Home Loan Banks that Qualified Mortgages and GSE loans currently enjoy.