[Federal Register Volume 65, Number 103 (Friday, May 26, 2000)]
[Proposed Rules]
[Page 34127]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-13254]


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FEDERAL HOUSING FINANCE BOARD

12 CFR Parts 900, 940, 950, 955 and 956

[No. 2000-20]
RIN 3069-AA98


Federal Home Loan Bank Acquired Member Assets, Core Mission 
Activities, Investments and Advances

AGENCY: Federal Housing Finance Board.

ACTION: Proposed rule; extension of public comment period.

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SUMMARY: On May 3, 2000, the Federal Housing Finance Board (Finance 
Board) published a proposed rule in the Federal Register (65 FR 25676 
(May 3, 2000)) that would: add a new part 955 to the Finance Board's 
regulations to authorize the Federal Home Loan Banks (Banks) to hold 
acquired member assets; amend the Finance Board's recently adopted part 
940 to enumerate the types of core mission assets that must be 
addressed in the Banks' strategic business plans; and make related 
changes to the Finance Board's regulations governing the Banks' 
investment and advances authorities.
    The Finance Board has received a number of requests for an 
extension of the June 2, 2000 deadline for written comments on the 
proposed rule. In order to provide interested parties ample opportunity 
to participate in the rulemaking process, the Finance Board is 
extending the comment period for the proposed rule from June 2, 2000 to 
June 15, 2000.

DATES: The comment period on the proposed rule is extended until June 
15, 2000.

ADDRESSES: Comments should be mailed to: Elaine L. Baker, Secretary to 
the Board, by electronic mail at [email protected], or by regular mail at 
the Federal Housing Finance Board, 1777 F Street, NW, Washington, DC 
20006. Comments will be available for public inspection at this 
address.

FOR FURTHER INFORMATION CONTACT: James L. Bothwell, Director and Chief 
Economist, (202) 408-2821; Scott L. Smith, Deputy Director, (202) 408-
2991; Ellen E. Hancock, Senior Financial Analyst, (202) 408-2906; 
Christina K. Muradian, Senior Financial Analyst, (202) 408-2584, Office 
of Policy, Research and Analysis; or Eric M. Raudenbush, Senior 
Attorney-Advisor, (202) 408-2932; Office of General Counsel, Federal 
Housing Finance Board, 1777 F Street, NW, Washington, DC 20006.

    Dated: May 22, 2000.

    By the Board of Directors of the Federal Housing Finance Board.
Bruce A. Morrison,
Chairman.
[FR Doc. 00-13254 Filed 5-25-00; 8:45 am]
BILLING CODE 6725-01-P