by Council of FHLBanks | Jan 23, 2020 | ARRC, LIBOR, SOFR
The Alternative Reference Rates Committee (ARRC) today released a consultation on spread adjustment methodologies for cash products referencing U.S. dollar LIBOR. These spread adjustments are intended for use in USD LIBOR contracts that have incorporated the ARRC’s...
by Council of FHLBanks | Jan 23, 2020 | Regulators, Volcker Rule
US regulators have almost finished a proposal that would ease some restrictions under the Volcker rule on relationships banks can have with companies such as private equity funds and hedge funds, Comptroller of the Currency Joseph Otting says. He has not offered...
by Council of FHLBanks | Jan 23, 2020 | FHFA, Homes
Washington, D.C. – U.S. house prices rose in November, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 4.9 percent from November 2018 to November 2019. The previously reported...
by Council of FHLBanks | Jan 22, 2020 | Community Banks, FHFA, FHLBanks
The Federal Housing Finance Agency has adjusted the cap on average total assets that is used in determining whether a Federal Home Loan Bank member qualifies as a ‘‘community financial institution’’ to $1,224,000,000, based on the annual percentage increase in the...
