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Volume 9 - Number 5

March 3, 2010

FHFA Seeks Minor Revisions to FHLB Advance Regs

The Federal Housing Finance Agency is proposing to amend some of the regulations that refer to Federal Home Loan Bank advances to expand the kind of collateral that can be pledged for advances. “The FHFA is proposing to amend the advances regulations to allow Community Financial Institution members to pledge secured loans for community development activities as eligible collateral for advances...

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