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Trade Groups Balk at FHFA Attempt to Redefine Home Loan Bank Membership HousingWire, Jan. 12, 2015–Swanson, Brena A Federal Housing Finance Agency proposed rule would revise its existing membership regulation to require that members maintain a commitment to housing finance–and that only eligible entities gain access to bank advances and the benefits of membership.

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The Federal Housing Finance Agency ("FHFA") issued a final rule governing Federal Home Loan Bank ("FHLB") membership requirements on January 12 th.The FHFA dropped a part of the 2014 proposal that would have required Home Loan Bank members to maintain a certain percentage of residential mortgage assets in order to keep their membership.

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