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Acquired Member Assets

Publication Details
Type
Proposed Rulemaking
Document Number
2015-31660
Federal Register Publish Date
12/17/2015
Federal Register Citation
80 FR 78689
PDF Format
Comment Open Date
12/17/2015
Comment End Date
04/15/2016
Comment Status
Closed
Rulemaking Details
Rulemaking

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

Acquired Member Assets

Contact Information

​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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.​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

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 people-icon

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

65 items
CSV
Date First Name Last Name Organization Comment
David Schroeder Community Bankers Association of Illinois See attached.View Comment Email: N/A
Attachment: N/A
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
James Graham Woodsville Guaranty Savings Bank See attached.View Comment Email: N/A
Attachment: N/A
Gerry Biron Adams Community Bank See attached.View Comment Email: N/A
Attachment: N/A
Mark H. Jones Saco & Biddeford Savings Institution See attached.View Comment Email: N/A
Attachment: N/A
Terrie L. McQuillen Community National Bank See attached.View Comment Email: N/A
Attachment: N/A
Mary Miller The Cooperative Bank of Cape Cod See attached.View Comment Email: N/A
Attachment: N/A
Roger Guerin Sanford Institute for Savings See attached.View Comment Email: N/A
Attachment: N/A
Steven Gonzalo First National Bank of Ottawa See attached.View Comment Email: N/A
Attachment: N/A
Joseph Pigg American Bankers Association See attached.View Comment Email: N/A
Attachment: N/A
Glenn Welch Freedom Credit Union See attached.View Comment Email: N/A
Attachment: N/A
Vidalia DiVito Cambridge Trust Company View Comment Email: N/A
Attachment: N/A
Fred Siemers River Cities Bank See attached.View Comment Email: N/A
Attachment: N/A
Mark Mohr First Bank Financial Centre See attached.View Comment Email: N/A
Attachment: N/A
Robin Loftus Heartland Credit Union See attached.View Comment Email: N/A
Attachment: N/A
Billy Blair, Jr. West Central Bank See attached.View Comment Email: N/A
Attachment: N/A
Shane Bellavance Stoneham Bank See attached.View Comment Email: N/A
Attachment: N/A
Dale Deiters Germantown Trust & Savings Bank See attached.View Comment Email: N/A
Attachment: N/A
Chuck Grace First Bankers Trust Company NA See attached.View Comment Email: N/A
Attachment: N/A
Anonymous N/A See attached.View Comment Email: N/A
Attachment: N/A
Jay Stevenson Illinois League of Financial Institutions (ILFI) See attached.View Comment Email: N/A
Attachment: N/A
Jason Bloxham Wolf River Community Bank See attached.View Comment Email: N/A
Attachment: N/A
Stephen Schauwecker First Southern Bank See attached.View Comment Email: N/A
Attachment: N/A
Greta Heiman United Bank & Trust We have been selling mortgage loans to the Federal Home Loan Bank thro…View Comment
Email: gheiman@ubankonline.com
Attachment: N/A
Julie Dodge First National Community Bank See attached.View Comment Email: N/A
Attachment: N/A