Federal Home Loan Bank New Business Activities
Key claim: The Federal Housing Finance Agency proposes to repeal its New Business Activities regulation governing Federal Home Loan Banks.
Abstract
(Proposed Rule · Federal Housing Finance Agency) The Federal Housing Finance Agency (“FHFA” or the “Agency”) is requesting comment on this notice of proposed rulemaking repealing the New Business Activities regulation.
Why this matters
The New Business Activities rule has functioned as a supervisory checkpoint on how Federal Home Loan Banks expand their product mix, which indirectly shapes the liquidity and affordable housing subsidies flowing to member banks and thrifts. Repeal would shift FHLBank product oversight from ex-ante approval toward ex-post examination, altering the pace at which new lending, collateral, or community investment programs reach housing markets.