FHFA extends FHLB membership proposed rule comment period

The Federal Housing Finance Agency extended the public comment period on its far-reaching proposal to tighten the Federal Home Loan Bank membership rules. The comment period will now end on Jan. 12. The fhlb regulator issued the membership proposal in early September for a 60-day comment period.

The federal housing finance agency (fhfa) has announced that it is extending the comment period for the agency’s proposed rule on Federal Home Loan Bank membership by 60 days. The comment period was previously set to close on Nov. 12, 2014, 60 days after publication in the Federal Register. The comment period will now close on Jan. 12, 2015.

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NAFCU letter to FHFA: request for comment period extension on proposed rule on FHLBs membership. September 4, 2014. The Honorable Melvin L. Watt Director Federal Housing Finance Agency 400 Seventh.

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B. The Proposed Rule. On September 28, 2016, FHFA published in the Federal Register a Notice of Proposed Rulemaking (proposed rule) to amend FHFA’s regulation on Bank membership, located at 12 CFR part 1263, to implement section 4(a)(5) of the Bank Act.

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The Federal Housing Finance Agency (FHFA) announced today that the comment period for a proposed rule that would amend the Federal Home Loan Banks’ (FHLB) Affordable Housing Program (AHP) will be extended. The comment period was previously scheduled to close on May 14, but due to "high levels of interest in the proposed rule," the comment period has been extended to June 12.

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Following pressure from industry trade groups, including the Mortgage Bankers Association (MBA), the Federal Housing Finance Agency (FHFA) has extended the comment period for its proposed rule on Federal Home Loan Bank (FHLB) membership by 60 days. The comment period was previously set to close on Nov. 12; however, it will now close on Jan. [.]

The Federal Housing Finance Agency (FHFA) is correcting the regulatory text, and extending the comment period for, the proposed rule published in the Federal Register on September 20, 2016, regarding Golden Parachute and Indemnification Payments. FHFA is taking this action to correct and to.