NAR submitted a comment letter to the Federal Housing Finance Agency on the Notice of Proposed Rulemaking – Members of Federal Home Loan Banks. Though most of the proposed changes would focus the Banks’ mission on supporting mortgage lending, NAR recognizes that the proposed rules would also alter the membership requirements for FHLBs, and may have an impact on a seemingly evolving mission of the FHLBs, the relationships between the FHLBs and their members, and financial liquidity overall.
Comments: FHFA on proposed rulemaking - Members of Federal Home Loan Banks
Issue Date: January 09, 2015
NAR submitted a comment letter to the Federal Housing Finance Agency on the Notice of Proposed Rulemaking – Members of Federal Home Loan Banks. Though most of the proposed changes would focus the Banks’ mission on supporting mortgage lending, NAR recognizes that the proposed rules would also alter the membership requirements for FHLBs, and may have an impact on a seemingly evolving mission of the FHLBs, the relationships between the FHLBs and their members, and financial liquidity overall.
Download the letter