WASHINGTON (11/25/14)--Priorities for regulation of the Federal Home Loan Bank (FHLB) program highlight the Federal Housing Finance Agency's (FHFA) strategic plan from 2015 to 2019, which was released last week.
The FHFA has regulatory oversight over the FHLB program, as well as government-sponsored enterprises Fannie Mae and Freddie Mac.
In addition to ensuring the safety and soundness of the entities it regulates, and maintaining the ongoing conservatorship of the enterprises, the FHFA has an obligation to ensure "liquidity, stability and access in housing finance," according to statute.
In the full report, the agency lays out a number of strategies to accomplish the goal over the next several years, which include:
The Credit Union National Association submitted a comment letter on the agency's strategic plan in September, asking the FHFA to avoid using safety and soundness concerns to justify additional regulatory burden.
The FHFA first requested input on its strategic plan in August, and has posted a database of the feedback it received.