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Home » Store » Federal Home Loan Banks » Bankers Seek Recall of FHLB Membership Proposal

Bankers Seek Recall of FHLB Membership Proposal

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Federal Home Loan Banks

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The American Bankers Association is urging the Federal Housing Finance Agency to withdraw its proposed amendments to membership eligibility in the Federal Home Loan Bank System, saying the proposal would make the liquidity provided by the 12 FHLBs subject to uncertainty and add regulatory burden to member institutions. The ABA, in a Dec. 19 comment letter, took particular exception to the measures requiring a member’s mortgage holdings be reviewed annually instead of ...
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