Skip to main content

Federal Home Loan Bank Investments

Publication Details
Type
Final Rule
Document Number
2011-12358
Federal Register Publish Date
05/20/2011
Effective Date
06/20/2011
Rulemaking Details
Rulemaking

Federal Home Loan Bank Investments

Contact Information

FOR FURTHER INFORMATION CONTACT: ​Christina Muradian, Division of Federal Home Loan Bank Regulation, Federal Housing Finance Agency, (202) 408–2584, 1625 Eye Street, NW., Washington, DC 20006; or Thomas E. Joseph, Senior Attorney-Advisor, (202) 414–3095, Office of General Counsel, Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

Summary

SUMMARY: The Federal Housing Finance Agency (FHFA) is re-organizing and readopting existing investment regulations that apply to the Federal Home Loan Banks (Banks) and that were previously adopted by the Federal Housing Finance Board (Finance Board). The regulation is being adopted as a new part in FHFA’s regulations. As part of this rulemaking, FHFA will incorporate limits on the Banks’ investment in mortgage-backed securities (MBS) and certain asset-backed securities (ABS) that were previously set forth in the Finance Board’s Financial Management Policy (FMP). The FMP will terminate as of the effective date of this rule.

DATES: This rule is effective on June 20, 2011.​