NAR Comments on FHFA's RFI Exploring the FHLB's Mission

NAR submitted comments to the Federal Housing Finance Agency (FHFA) in response to its request for input on Federal Home Loan Bank Core Mission Activities and Mission Achievement.

NAR's submission reiterates previous letters to the FHFA that stress:

• That the Federal Home Loan Banks (FHLBanks) were created and receive subsidies intended to help finance home purchases;
• There should be a minimum requirement for entrance into the system based on support for housing;
• There should be an ongoing requirement to support housing for existing members; and
• There should be an expanded requirement to foster affordable housing.

Read NAR's Comments to the FHFA