The Federal Housing Finance Agency (FHFA) has issued a Request for Input (RFI) regarding the mission of the Federal Home Loan Bank (FHLBank) System.
According to the regulator, the RFI is seeking public comments in three categories of questions:
- Updating the regulatory statement of the FHLBank System’s mission to better reflect its appropriate role in the housing finance system;
- Developing metrics and thresholds to evaluate mission achievement; and
- Identifying how the FHLBanks could incorporate incentives for members with a strong and demonstrable connection to the FHLBank System’s mission.
“The mission of the FHLBanks to provide liquidity and support housing and community development should be clearly articulated and reflect their role in the housing finance system,” said FHFA Director Sandra L. Thompson. “FHFA welcomes the public’s input on how best to achieve this clarity of purpose for the FHLBank System in future rulemakings.”
The FHFA will accept input on the RFI via its website or by mail to its Washington, D.C., headquarters through July 15.
