Comment Detail
Date: 06/23/20 First Name: Kenneth Last Name: Fears Email: kfears@realtors.org Organization Type: other Organization: National Association of Realtors Comment
On behalf of the 1.4 million members of the National Association of REALTORS® (NAR), I submit this letter in response to the request for input (RFI) on membership to the Federal Home Loan Bank system (FHLBs or “Banks”). NAR believes that an evolving admission test to the system could benefit the housing mission, while preserving the stability of the FHLB system, the relationships between the FHLBs and their members, and financial liquidity overall if tailored correctly. Thank you for your time and consideration of this important issue.