Federal Home Loan Bank Appointive Directors
Federal Home Loan Bank Appointive Directors
FOR FURTHER INFORMATION CONTACT: Neil R. Crowley, Acting General Counsel, 202-408-2990, crowleyn@fhfb.gov; or Thomas P. Jennings, Senior Attorney Advisor, Office of General Counsel, 202-408-2553, jenningst@fhfb.gov. You can send mail to the Federal Housing Finance Board, 1625 Eye Street, NW., Washington, DC 20006.
SUMMARY: The Federal Housing Finance Board (Finance Board) is issuing a final regulation that is substantially the same as the interim final rule that established a process for the appointment of directors to the Federal Home Loan Banks (Bank or Banks), which was adopted on January 24, 2007. The final rule makes two changes to the interim rule, regarding the number of nominees to be submitted and the date by which nominations must be submitted. Both changes are being made in response to comments received on the interim final rule.
DATES: Effective Date: The final rule is effective April 2, 2007.