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Home » Store » Federal Home Loan Banks » FHFA Final Rule Tweaks FHLBank Housing Goal Reporting Rules

FHFA Final Rule Tweaks FHLBank Housing Goal Reporting Rules

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Federal Home Loan Banks

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The Federal Housing Finance Agency has issued a final rule making a number of minor but important tweaks to its mortgage reporting requirements. The changes make way for data reporting of housing goals for the 12 Federal Home Loan Banks.On Dec. 21, the Finance Agency published in the Federal Register new reporting requirements governing FHLBank housing goals “to make those requirements consistent with other data reporting requirements currently applicable to the Banks.”The FHFA’s final rule is in keeping with the Housing and Economic Recovery Act of 2008 which amended the Federal Home Loan Bank Act by requiring the director to establish housing goals with respect to the FHLBanks’ purchase of mortgages.
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