FHFA is now advancing an in-depth 2023 report on the Federal Home Loan Banks (FHLBs) with an RFI intended to lay the foundation for regulatory revisions tightening the FHLBs’ mission and thus the extent to which members benefit from low-cost advances without also disbursing these benefits to promote affordable housing and the public interest. Although the RFI does not take a position on key changes, the questions it poses and the preamble explaining them make it clear that….
The full report is available to retainer clients. To find out how you can sign up for the service, click here and here.