As the novel coronavirus expands its impact in the U.S. and across the globe, the Federal Home Loan Banks are functioning well and are continuing to support our member financial institutions and the communities they serve. In addition, many FHLBanks’ employees are...
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...
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...
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...
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...
