Finance & markets · 04/08/2009Updated: 10/17/2026 · 1 min read
FHFA Establishes Capital Classifications and Critical Capital Levels for Federal Home Loan Banks
Summary
The Federal Housing Finance Agency (FHFA) has established criteria for capital classifications and critical capital levels for Federal Home Loan Banks, as mandated by the Housing and Economic Recovery Act of 2008 (HERA). The agency published an interim final rule in 2009 to define critical capital and outline prompt corrective action authority.