FHFA Proposes Amendments to Community Support Regulation for Federal Home Loan Banks

Summary

The Federal Housing Finance Agency (FHFA) is proposing changes to its community support regulation, requiring Federal Home Loan Banks to monitor and assess member eligibility for long-term advances based on CRA and first-time homebuyer standards, and to verify CRA ratings from publicly available sources.

Original source language: Federal Register — Federal Housing Finance AgencyOpen original release →

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