Louis M. Scalza, Affiliate Manager, (202) 408-2953 or Linda L. Crowley, Deputy General The recommendations, Place of work from Standard The advice, (202) 343-1316, Federal Housing Financing Service, 1625 Attention Highway, NW., Arizona, DC 20006. The device count to the Correspondence Equipment to the Deaf is actually (800) 877-8339.
Point I of Observe brings records to the FHFA, the fresh new FHLBank Program, together with collateral protecting FHLBank advances. Point II summarizes the provisions of your interagency advice and you can around three Government Homes Finance Panel (FHFB) advisory bulletins per nontraditional, subprime, and you will anti-predatory credit. Area III makes reference to the new information always finish the HERA Area 1217 Research, also a collateral data questionnaire you to FHFA performs annually, in-breadth secure borrowing product reviews performed during the recent examinations, and you may a certain survey regarding the latest HERA Point 1217 circumstances you to definitely FHFA provided for the latest FHLBanks. Sections IV and you can V with the report expose FHFA’s analysis and you may results about HERA Section 1217 Research and you can Point VI demands statements for the particular associated questions.
The HERA Part 1217 Studies records that FHLBanks’ dependence on equity referred to as nontraditional, subprime otherwise Alt-A quick cash loans in Coleytown beneficial , accounting for around one-5th of equity securing enhances at the time of .