Acquired Member Assets (AMA)

12/19/2016

Number

RIN-2590-AA69

Group

Office of Finance

Other

FHL Banks

CFR

12 CFR 1201, 1267, 1268, 1281

CFR Description

General Definitions Applying to all FHFA Regulations; Federal Home Loan Bank Investments; Acquired Member Assets; Federal Home Loan Bank Housing Goals

Effective Date

Wed, 01/18/2017 - 12:00

Acquired Member Assets

FOR FURTHER INFORMATION CONTACT: Christina Muradian, Principal Financial Analyst, Christina.Muradian@fhfa.gov, 202-649-3323, Division of Bank Regulation; or Thomas E. Joseph, Associate General Counsel, Thomas.Joseph@fhfa.gov, 202-649-3076 (these are not toll-free numbers), Office of General Counsel, Federal Housing Finance Agency, 400 Seventh Street SW., Washington, DC 20219. 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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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: The Federal Housing Finance Agency (FHFA) is proposing amendments to the existing Acquired Member Assets (AMA) regulation, which applies to the Federal Home Loan Banks (Banks). In particular, FHFA proposes to remove from the regulation requirements based on ratings issued by a Nationally Recognized Statistical Ratings Organization (NRSRO), as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Additionally, FHFA proposes to transfer the AMA regulation from the former Federal Housing Finance Board (Finance Board) regulations to FHFA's regulations. FHFA also proposes to reorganize the current regulation and to modify and clarify a number of provisions in the regulation.

Public Comments

Below are a compilation of public comments made on this publication.

65 items

CSV

Date Sort ascending	First Name	Last Name	Organization	Comment
04/20/16	Daniel	Doyle	Great Midwest Bank S.S.B	See attachedView Comment Email: N/A Attachment: N/A
04/19/16	Ray	Shams	Xceed Financial Federal Credit Union	See attached.View Comment Email: N/A Attachment: N/A
04/15/16	William	Levinthal	Arch Mortgage Insurance Company	Attached is a letter from Arch Mortgage Insurance Company re Notice of…View Comment Email: Blevinthal@archmi.com Attachment: N/A
04/15/16	Rose	Oswald Poels	Wisconsin Bankers Association	See attached.View Comment Email: N/A Attachment: N/A
04/15/16	Emiranda	Miller	Federal Home Loan Banks	This comment letter is submitted on behalf of the eleven Federal Home…View Comment Email: emiller@fhlbc.com Attachment: N/A
04/15/16	Greg	Rast	West Town Bank and Trust	See attached.View Comment Email: N/A Attachment: N/A
04/15/16	Emiranda	Miller	Federal Home Loan Banks Participating in MPF Program	This letter is submitted on behalf of Federal Home Loan Banks particip…View Comment Email: emiller@fhlbc.com Attachment: N/A
04/15/16			U.S. Mortgage Insurers	See attached.View Comment Email: N/A Attachment: N/A
04/15/16	Dave	Ledford	National Association of Home Builders	Please accept comments from the National Association of Home Builders.…View Comment Email: N/A Attachment: N/A
04/15/16	Douglas	Persich	Citizens Bank	See attached.View Comment Email: N/A Attachment: N/A
04/15/16	Dean	Schultz	Federal Home Loan Bank of San Francisco	April 15, 2016 Alfred M. Pollard, General Counsel Federal Housing Fina…View Comment Email: cooked@fhlbsf.com Attachment: N/A
04/15/16	Debra	Perry	Piscataqua Savings Bank	See attached.View Comment Email: N/A Attachment: N/A
04/15/16	Jason	Sasena	Kinecta Federal Credit Union	As one of the leading credit union’s in terms of residential mortgage…View Comment Email: N/A Attachment: N/A
04/15/16	Bruce	Baker	Illinois Bankers Association	See attached.View Comment Email: N/A Attachment: N/A
04/15/16	Jim	Lukas	Sauk Valley Bank	See attached.View Comment Email: N/A Attachment: N/A
04/15/16	Walter	Hasselbring, III	Iroquois Federal Savings & Loan Association	See attached.View Comment Email: N/A Attachment: N/A
04/15/16	Daniel	Peterson	The Stephenson National Bank & Trust	See attached.View Comment Email: N/A Attachment: N/A
04/15/16	Mary	Torsney	Financial Partners Credit Union	See attached.View Comment Email: N/A Attachment: N/A
04/14/16	Jay M.	Vanden Boogart	Horicon Bank	See attached.View Comment Email: N/A Attachment: N/A
04/14/16	Robert K.	Kettenmann	Darien Rowayton Bank	See attached.View Comment Email: N/A Attachment: N/A
04/14/16	William	Campbell	Farmers & Merchants State Bank	See attached.View Comment Email: N/A Attachment: N/A
04/14/16	William	Hogan	Farmers & Merchants State Bank	See attached.View Comment Email: N/A Attachment: N/A
04/14/16	Rick	Catt	First Robinson Savings	See attached.View Comment Email: N/A Attachment: N/A
04/14/16	David	Schroeder	Community Bankers Association of Illinois	See attached.View Comment Email: N/A Attachment: N/A
04/14/16	Duane	Bussey	San Luis Valley Federal Bank	April 14, 2016 Alfred M. Pollard, General Counsel Attn: Comments/RIN 2…View Comment Email: duaneb@slvfed.com Attachment: N/A