North Dakota Bankers
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FHFA will Conduct “Comprehensive Review” of Federal Home Loan Bank System

FHFA will Conduct “Comprehensive Review” of Federal Home Loan Bank System

Posted: Sep 07 2022
The Federal Housing Finance Agency (FHFA) has announced it will conduct a “comprehensive review” of the Federal Home Loan Bank (FHLB) System.  As part of the review, the agency is hosting two public listening sessions and a series of regional roundtable discussions to consider and evaluate the mission, membership eligibility requirements and operational efficiencies of the FHLBanks.

FHFA is public feedback in six areas: general mission and purpose in a changing marketplace; FHLBank organization, operational efficiency and effectiveness; the banks’ role in promoting affordable, sustainable, equitable and resilient housing and community investment; their role in addressing the unique needs of rural and financially vulnerable communities; member products, services and collateral requirements; and membership eligibility and requirements.  The first listening session, which will be held in-person in Washington, DC, on September 29 and written comments will also be accepted through October 21.

To read more, visit: https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Announces-Comprehensive-Review-of-the-FHLBank-System.aspx
 

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