Opinions are written statements advising on interpretations of law, regulation, or policy.
| Date | Description | Format |
|---|---|---|
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3/11/2005 |
2005-GC-01: Putable Advances and Replacement Funding |
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6/16/2004 |
2004-GC-01: Federal Home Loan Bank Securities Registration and Disclosure |
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2/20/2002 |
2002-GC-01: When is a Gathering of the Members of the Board of Directors of the FHFB Considered a "Meeting" for Purposes of the Government in the Sunshine Act? |
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5/22/2000 |
2000-GC-02: Issuance of Consolidated Obligations Under Section 11(a) of the Federal Home Loan Bank Act |
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2/11/2000 |
2000-GC-01: Transfer of Capital Stock |
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12/10/1999 |
1999-GC-05: Effect of New Statutory Requirement for Three-Year Terms of Office for Federal Home Loan Bank Directors |
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11/3/1999 |
1999-GC-04: Proposal to Establish an Economic Development Program |
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8/12/1999 |
1999-GC-03: Federal Home Loan Bank Authority to Create and Sell Tranches |
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4/8/1999 |
1999-GC-02: Federal Home Loan Bank Authority to Provide Consulting Services to Members Under Sections 11and 12 of the Federal Home Loan Bank Act |
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3/18/1999 |
1999-GC-01: Collateral For Advances Under Section 10(a)(2) of the Federal Home Loan Bank Act |
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10/8/1998 |
1998-GC-14: Standby Letters of Credit |
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10/6/1998 |
1998-GC-13: Effect of the Statutory Purpose Limitation in Section 11(h) of the Federal Home Loan Bank Act on Federal Home Loan Bank Authority to Invest in a Small Business Investment Company (SBIC) |
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9/18/1998 |
1998-GC-12: Meaning of the Term “Insurance Company” Under Section 4(a) of the Federal Home Loan Bank Act |
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9/17/1998 |
1998-GC-10: Issues Concerning Federal Home Loan Bank Mortgage Partnership Finance Programs |
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9/17/1998 |
1998-GC-11: Conditional Membership Approvals Under the FHFB Membership Regulation for De Novo Insured Depository Institutions |
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7/9/1998 |
1998-GC-09: Implementation of a Federal Home Loan Bank’s Federal Housing Administration Rent-to-Own Purchase Program |
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6/10/1998 |
1998-GC-07: Proposed Affordable Housing Program Subsidized Cooperative Share Loan Program |
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6/10/1998 |
1998-GC-08: Monitoring Requirements for Federal Home Loan Bank Affordable Housing Program Set-Aside Homeownership Programs |
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6/9/1998 |
1998-GC-06: Whether Limited Obligation Mortgage Revenue Bonds Are Direct Obligations For Purposes of Section II.B.11. of the Financial Management Policy |
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4/9/1998 |
1998-GC-05: Incorporation of Affordable Housing Program Regulation Recapture Provisions Into Retention/Recapture Agreements for Certain Owner-Occupied Units |
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3/16/1998 |
1998-GC-04: Whether a Federal Home Loan Bank May Accept 100 Percent Participation Interests Owned by a Member’s Second-Tier REIT Subsidiary in As Collateral for Advances Under Section 10(a) of the Federal Home Loan Bank Act |
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2/27/1998 |
1998-GC-03: Application of Median Income Standard by a Federal Home Loan Bank |
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2/19/1998 |
1998-GC-02: Use of Community Investment Program (CIP) Advances by Members to Finance CIP-Eligible Loans by Third Parties |
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1/21/1998 |
1998-GC-01: Status of State and Local Mortgage Revenue Bonds and of SBA Certificates Under the Financial Management Policy |
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12/18/1996 |
1996-GC-10: Authority of the Federal Home Loan Bank of Chicago to Establish a Pilot Mortgage Partnership Finance Program |
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9/10/1996 |
1996-GC-09: Political Activities of Federal Home Loan Bank Directors |
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8/21/1996 |
1996-GC-08: Use of Community Investment Program (CIP) Advances to Purchase Housing Bonds and Mortgage Backed Securities |
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6/27/1996 |
1996-GC-07: Authority of the Federal Home Loan Banks to Act as Counterparties in Derivative Contracts |
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6/10/1996 |
1996-GC-06: Interpretation of the “Readily Ascertainable Value” Requirement For Eligible Collateral Under Section 10(a)(4) of the Federal Home Loan Bank Act |
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3/22/1996 |
1996-GC-05: Federal Home Loan Bank Membership for a Member That Changes Its Charter and Then Relocates Its Home Office to, and Merges With a Member of, a Different Federal Home Loan Bank District |
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2/15/1996 |
1996-GC-04: Compensation of Appointed, Acting or Former Federal Home Loan Bank Chairpersons |
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2/8/1996 |
1996-GC-03: Eligibility of Municipal Bond Securities as Collateral for Federal Home Loan Bank Advances |
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2/5/1996 |
1996-GC-02: Lobbying Disclosure Act of 1995 |
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1/5/1996 |
1996-GC-01: Pledge of Collateral by a Nonmember to Support an Advance by a Federal Home Loan Bank to a Member |
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8/7/1995 |
1995-GC-04: Transfer of Membership and Sale of Advances Between Federal Home Loan Banks |
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3/7/1995 |
1995-GC-03: Eligibility of Indian Housing Authorities to Receive Federal Home Loan Bank Advances |
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2/16/1995 |
1995-GC-02: Meaning of the Term “Securities” in Section 16(a) of the Federal Home Loan Bank Act |
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1/11/1995 |
1995-GC-01: Federal Home Loan Bank Authority Under the Financial Management Policy to Offer Caps, Collars and Floors to Members |
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2/25/1994 |
1994-GC-04: Acceptance of Mutual Fund Share as Collateral for Federal Home Loan Bank Advances |
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3/9/1994 |
1994-GC-03: Interpretation of Section 10(i) of the Federal Home Loan Bank Concerning the Community Investment Program |
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2/2/1994 |
1994-GC-02: Federal Advisory Committee Act |
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2/1/1994 |
1994-GC-01: Effect of an Acquisition on the Qualified Thrift Lender (QTL) Status of Federal Home Loan Bank Advances |
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8/26/1993 |
1993-GC-04: Commercial Lending Authority of Federally Chartered Savings Associations |
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8/26/1993 |
1993-GC-05: Transfer of Stock From a Federal Home Loan Bank Member to a Nonmember |
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7/6/1993 |
1993-GC-03: Interpretation of Section 10(b) of the Federal Home Loan Bank Act |
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3/30/1993 |
1993-GC-02: Application of the Non-Qualified Thrift Lender Provisions in the Federal Home Loan Bank Act to Insurance Company Members |
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2/11/1993 |
1993-GC-01: Application of the Federal Regulation of Lobbying Act to Federal Home Loan Bank Staff |
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1993-GC-02_attachment.pdf |
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12/24/1992 |
1992-GC-10: Effect of In-Substance Defeasance on Calculation of the Federal Home Loan Banks Compliance with the Leverage Ratio and Negative Pledge Requirements |
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10/20/1992 |
1992-GC-08: Authority for Federal Home Loan Banks to Pledge Collateral Pursuant to Interest Rate Swap |
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10/20/1992 |
1992-GC-09: Applicability of OMB Circular A-133 to the Affordable Housing Program and Community Investment Program |
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9/30/1992 |
1992-GC-07: Use of Affordable Housing Program Funds for Federal Home Loan Bank Cancellation and Prepayment Fees |
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8/24/1992 |
1992-GC-06: Federal Funds as Deposits in Banks or Trust Companies |
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5/15/1992 |
1992-GC-05: Applicability of Executive Order 11478 to the Federal Home Loan Bank System |
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4/13/1992 |
1992-GC-04: Risk-Based Pricing Program for Federal Home Loan Bank Advances |
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3/5/1992 |
1992-GC-03: Unilateral Retirement of Federal Home Loan Bank Stock |
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3/4/1992 |
1992-GC-02: Federal Home Loan Banks Providing Correspondent Services to Non-Members |
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1/7/1992 |
1992-GC-01: Potential Affordable Housing Program and Community Investment Program Conflicts of Interest |
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10/31/1991 |
1991-GC-24: The Negative Asset Pledge Requirement to Support the Consolidated Bonds |
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10/30/1991 |
1991-GC-23: Use of Home Equity Loans to Meet the 10% Federal Home Loan Bank Membership Eligibility Requirement in Section 4(a)(2)(A) of the Federal Home Loan Bank Act |
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10/17/1991 |
1991-GC-22: Delegation of Authority to the Federal Home Loan Banks to Approve Membership Applications |
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10/11/1991 |
1991-GC-25: Federal Home Loan Bank Membership Requirements |
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8/29/1991 |
1991-GC-19: Authority of State Housing Agencies to Receive Federal Home Loan Bank Advances |
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8/29/1991 |
1991-GC-20: Effect of Federal Home Loan Bank Advance Participations on the Limit on Advances to Non-Qualified Thrift Lender Members and the Stock Subscription Requirements for Members |
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8/27/1991 |
1991-GC-18: Treatment of Federal Home Loan Bank Advance Participation Transactions Under the Proposed Master Participation Agreement |
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8/1/1991 |
1991-GC-17: Pricing Limitations on Federal Home Loan Bank Advances |
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7/22/1991 |
1991-GC-16: Cash Collateral For Letters of Credit |
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7/11/1991 |
1991-GC-13: Availability of Offset to Federal Home Loan Bank on Cancellation of Departing Member’s Capital Stock |
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7/11/1991 |
1991-GC-14: Authority to Waive the Six-Month Waiting Period Under Section 6(e) of the Federal Home Loan Bank Act Before Withdrawal From Federal Home Loan Bank Membership |
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7/1/1991 |
1991-GC-12: Federal Home Loan Bank Letter of Credit Enhancements of Tax-Exempt Bonds Under Section 149 of the Internal Revenue Code |
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6/14/1991 |
1991-GC-15: Proper Treatment of Federal Home Loan Bank (Bank) Capital Stock Held by a Receiver of a Bank Member |
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6/3/1991 |
1991-GC-10: Application of 20 Percent Maximum Subsidy Rule to Approved 1990 Affordable Housing Program (AHP) Projects |
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6/3/1991 |
1991-GC-11: Proposed Change in REFCorp Expense Variable for Affordable Housing Program (AHP) Calculation Formula |
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5/17/1991 |
1991-GC-09: Interpretation of “Prior Year” in the Shortfall Formula for REFCorp Interest Payments |
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5/7/1991 |
1991-GC-08: Legal Issues Raised By Draft Community Support Regulations |
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5/3/1991 |
1991-GC-06: Federal Home Loan Banks Standby Letters of Credit Authority |
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5/3/1991 |
1991-GC-07: Secondary Mortgage Market Opinions |
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5/1/1991 |
1991-GC-05: Minimum Stock Requirement for Election of Federal Home Loan Bank Directors |
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4/18/1991 |
1991-GC-04: Use of Collateralized Mortgage Obligations (CMOs) to Meet the 10% Federal Home Loan Bank Membership Eligibility Requirement in Section 4(a)(2)(A) of the Federal Home Loan Bank Act |
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4/10/1991 |
1991-GC-03: Authority to Set Salaries of Federal Home Loan Bank Officials |
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2/18/1991 |
1991-GC-02: Proposed Changes to Monthly Interest Rate Survey (MIRS) |
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2/7/1991 |
1991-GC-01: Treatment of Outstanding Affordable Housing Program (AHP) Advances Upon Termination of Membership |
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6/6/1990 |
1990-GC-01: Affordable Housing Program (AHP) Funding Issues |