CBAI Urges the FHFA to Grant Additional Time to Comment on Proposed Rule

September 10, 2014

The Federal Housing Finance Agency (FHFA) has proposed significant revisions to Federal Home Loan Bank membership eligibility requirements. If adopted the Propose Rule would have a profound impact on the FHLB System, FHLBanks and FHLB members. A thorough analysis and in-depth discussion of the intended and unintended consequences of the Rule requires an extension of the proposed 60 day comment period. CBAI has submitted a formal request to the FHFA to extend the comment period by at least an additional 60 days.  Read CBAI Letter.