Federal Home Loan Bank Housing Goals Amendments
Federal Housing Finance Agency
Key Details
- Posted Date
- Response Deadline
- NAICS Code
- 562910
- Source
- Federal Register
- Contract Type
- regulation
Description
The Federal Housing Finance Agency (FHFA) is proposing to amend the existing Federal Home Loan Bank Housing Goals regulation. FHFA proposes to replace the existing four separate retrospective housing goals with a single prospective mortgage purchase housing goal as well as establish a separate small member participation housing goal. The proposed rule would also allow the Banks to request FHFA approval of alternative target levels for the proposed goals. Finally, FHFA is proposing to eliminate the existing $2.5 billion volume threshold that triggers the application of housing goals for each Bank.
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Data sourced from Federal Register