United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2009_register executive 2010-09-23 article Rules and Regulations D09002ee1c8076664 D09002ee1c8076756 United States Federal Housing Finance Agency originator org United States Government Agency or Subagency The Federal Housing Regulatory Reform Act, Division A of the Housing and Economic Recovery Act of 2008 (HERA), requires the Director of Federal Housing Finance Agency (FHFA) to establish criteria based on the amount and type of capital held by a Federal Home Loan Bank (Bank) for each of the following capital classifications: adequately capitalized, undercapitalized, significantly undercapitalized and critically undercapitalized. In addition, HERA provides that the critical capital level for each Bank shall be the amount of capital that the Director by regulation shall require. HERA also sets forth prompt corrective action (PCA) authority that the Director has for the Banks. To implement these new provisions, the FHFA is adopting this interim final rule to define critical capital for the Banks, establish the criteria for each of the capital classifications identified in HERA and delineate its PCA authority over the Banks. 74 FR 5595 https://www.govinfo.gov/app/details/FR-2009-01-30/E9-2083 E9-2083 FR30JA09-1 RIN 2590-AA21 8070-01-P https://www.govinfo.gov/app/details/FR-2009-01-30/E9-2083 https://www.govinfo.gov/content/pkg/FR-2009-01-30/html/E9-2083.htm https://www.govinfo.gov/content/pkg/FR-2009-01-30/pdf/E9-2083.pdf Capital Federal Home Loan Banks Government-Sponsored Enterprises Reporting and Recordkeeping Requirements 15 p. 5595 5609 74 FR 5595 Title 12 Part 1229 12 CFR Part 1229 RIN 2590-AA21 Capital Classifications and Critical Capital Levels for the Federal Home Loan Banks; Federal Register Vol. 74, Issue RULE E9-2083 FEDERAL HOUSING FINANCE AGENCY 2009-01-30 8070-01-P E9-2083 Interim final rule; request for comments.

The Federal Housing Regulatory Reform Act, Division A of the Housing and Economic Recovery Act of 2008 (HERA), requires the Director of Federal Housing Finance Agency (FHFA) to establish criteria based on the amount and type of capital held by a Federal Home Loan Bank (Bank) for each of the following capital classifications: adequately capitalized, undercapitalized, significantly undercapitalized and critically undercapitalized. In addition, HERA provides that the critical capital level for each Bank shall be the amount of capital that the Director by regulation shall require. HERA also sets forth prompt corrective action (PCA) authority that the Director has for the Banks. To implement these new provisions, the FHFA is adopting this interim final rule to define critical capital for the Banks, establish the criteria for each of the capital classifications identified in HERA and delineate its PCA authority over the Banks.

Effective Date: January 30, 2009. Julie Paller, Senior Financial Analyst, (202) 408-2842, and Anthony Cornyn, Senior Associate Director, (202) 408-2522, Division of Federal Home Loan Bank Regulation; or Thomas E. Joseph, Senior Attorney-Advisor, (202) 408-2512, Office of General Counsel, Federal Housing Finance Agency, 1625 Eye Street, NW., Washington, DC 20006. The telephone number for the Telecommunications Device for the Deaf is (800) 877-8339. Capital Federal Home Loan Banks Government-Sponsored Enterprises Reporting and Recordkeeping Requirements Capital Classifications and Critical Capital Levels for the Federal Home Loan Banks , RegComments@FHFB.gov http://www.regulations.gov https://www.fhfa.gov Vol. 74, no. 19 Office of the Federal Register, National Archives and Records Administration 2009-01-30 continuing daily deposited born digital 203 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2009-01-30 P0b002ee1809aae31 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:FR30JA09 https://www.govinfo.gov/app/details/FR-2009-01-30 https://www.govinfo.gov/content/pkg/FR-2009-01-30/pdf/FR-2009-01-30.pdf https://www.govinfo.gov/content/pkg/FR-2009-01-30/xml/FR-2009-01-30.xml fdlp 5595 5796 DGPO 2010-09-23 2024-06-05 FR-2009-01-30 machine generated eng FR FR-2009-01-30 74 19