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Information Sharing Among Federal Home Loan Banks

Publication Details
Type
Final Rule
Document Number
2013-28824
Federal Register Publish Date
12/06/2013
Effective Date
01/06/2014
Rulemaking Details
Rulemaking

Information Sharing Among Federal Home Loan Banks

Contact Information

FOR FURTHER INFORMATION CONTACT: ​Eric M. Raudenbush, Assistant General Counsel, Office of General Counsel, Eric.Raudenbush@fhfa.gov, (202) 649-3084; or Jonathan Curtis, Financial Analyst, Office of Program Support, Division of Bank Regulation, Jonathan.Curtis@fhfa.gov, (202) 649-3321 (these are not a toll-free numbers), Federal Housing Finance Agency, 400 Seventh Street SW., Washington, DC 20024. 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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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: Section 1207 of the Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Home Loan Bank Act (Bank Act) to add a new section 20A, which requires the Federal Housing Finance Agency (FHFA) to make available to each Federal Home Loan Bank (Bank) information relating to the financial condition of all other Banks. Section 20A also requires FHFA to promulgate regulations to facilitate the sharing of such information among the Banks. This final rule implements the provisions of section 20A of the Bank Act.

DATES: The final rule is effective on January 6, 2014.​