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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.​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
Steve Willis DeWitt Savings Bank See attached.View Comment Email: N/A
Attachment: N/A
Don Volkman Farmers State Bank of Waupaca 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
Kerry Bell The First Trust & Savings Bank See attached.View Comment Email: N/A
Attachment: N/A
Michael Olson Bank of Brodhead See attached.View Comment Email: N/A
Attachment: N/A
Tanya Cowan Buena Vista National Bank See attached.View Comment Email: N/A
Attachment: N/A
P. David Kuhl First Clover Leaf Bank, NA See attached.View Comment Email: N/A
Attachment: N/A
Mary Rogers Cumberland Federal Bank FSB See attached.View Comment Email: N/A
Attachment: N/A
KISHOR SHAH N/A Please stop circular draw and release fnma from conservation. we will…View Comment
Email: N/A
Attachment: N/A
Eric Esser Community Financial We have been selling mortgage loans to FHLBI for 10 years. It's been…View Comment
Email: eesser@cfcu.org
Attachment: N/A
Randy Braun German American See attached commentView Comment Email: N/A
Attachment: N/A
Michael Grant Community First Bank of Indiana not understanding the 'rule' to not allow banks who sell to the FHLB t…View Comment
Email: mgrant@cfbindiana.com
Attachment: N/A
Ron Buit, Jr. Macatawa Bank See attached commentView Comment Email: N/A
Attachment: N/A
DR DWIGHT SANDERS SE HUD AS A NFIB MEMBER SERVING IN CONGRESS AND FEDERAL HOUSING FINANCEINVEST…View Comment
Email: us47700868309@usa.gov
Attachment: N/A