[Federal Register Volume 66, Number 233 (Tuesday, December 4, 2001)]
[Proposed Rules]
[Page 63007]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-29978]


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FEDERAL HOUSING FINANCE BOARD

12 CFR Chapter IX

[No. 2001-27]
RIN 3069-AB09


Multiple Federal Home Loan Bank Memberships

AGENCY: Federal Housing Finance Board.

ACTION: Solicitation of comments; extension of public comment period.

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SUMMARY: On October 3, 2001, the Federal Housing Finance Board (Finance 
Board) published a solicitation of comments in the Federal Register (66 
FR 50366 (October 3, 2001)) on the implications for the Federal Home 
Loan Bank System (FHLBank System) raised by the structural changes that 
have been occurring in its membership base. The solicitation was 
prompted by the submission of several petitions, each requesting that 
the Finance Board permit a single depository institution to become a 
member of two Federal Home Loan Banks concurrently. The petitions also 
raised a number of other broad issues affecting the FHLBank System.
    The Finance Board has received a number of requests for an 
extension of the January 2, 2002 deadline for written comments on the 
solicitation. In order to provide interested parties ample opportunity 
to comment, the Finance Board is extending the comment period for the 
solicitation from January 2, 2002 to March 4, 2002.

DATES: The comment period on the solicitation is extended to March 4, 
2002.

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

FOR FURTHER INFORMATION CONTACT: James L. Bothwell, Managing Director, 
(202) 408-2821; Scott L. Smith, Acting Director, (202) 408-2991, Office 
of Policy, Research and Analysis; Arnold Intrater, Acting General 
Counsel, (202) 408-2536, Neil R. Crowley, Deputy General Counsel, (202) 
408-2990, or Sharon B. Like, Senior Attorney-Advisor, (202) 408-2930, 
Office of General Counsel, Federal Housing Finance Board, 1777 F 
Street, NW., Washington, DC 20006.

    Dated: November 29, 2001.

    By the Board of Director of the Federal Housing Finance Board.
J. Timothy O'Neill,
Chairman.
[FR Doc. 01-29978 Filed 12-3-01; 8:45 am]
BILLING CODE 6725-01-P