by Council of FHLBanks | Mar 19, 2020 | Press Releases, FHLBanks
Council President and CEO John von Seggern sent a letter to lawmakers to report that the 11 Federal Home Loan Banks are “fully operational” and are “proactively communicating with their 6,700 aggregate member financial institutions to ensure smooth and effective...
by Council of FHLBanks | Mar 2, 2020 | Press Releases, FHLBanks
An article in American Banker reviews FHFA efforts to examine FHLBank membership rules through a Request for Information issued by the Agency in February. According to the American Banker article, among the questions raised in the RFI is whether the FHFA should limit...
by Council of FHLBanks | Feb 24, 2020 | FHLBanks
The Federal Housing Finance Agency issued a Request for Input on Federal Home Loan Bank membership as part of a “holisitic view” of membership, according to the FHFA press release. FHFA said the RFI seeks feedback on a number of questions ranging from...
by Council of FHLBanks | Feb 20, 2020 | Uncategorized
The OCC and FDIC yesterday announced a 30-day extension of the comment period on the agencies’ joint proposal to modernize the Community Reinvestment Act, the Associated Press reports. The new deadline for comments is April 8. Joseph Otting, the Comptroller of...
by Council of FHLBanks | Jan 23, 2020 | SOFR, LIBOR, ARRC
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...
