Federal Housing Finance Board


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Federal Housing Finance Board (FHFB)

US government agency chartered in 1989 to assume the responsibilities formerly held by the Federal Home Loan Bank system.

Federal Housing Finance Board

An organization of the U.S. federal government that regulates the Federal Home Loan Banks. It was created in response to the savings and loan crisis and replaced the Federal Home Loan Bank Board. It consists of five members; four are appointed by the President of the United States and the fifth is the Secretary of Housing and Urban Development or his/her representative.

Federal Housing Finance Board (FHFB)

Regulates the 12 Federal Home Loan Banks.

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References in periodicals archive ?
One exception is government-sponsored enterprises, where the Federal Housing Finance Board is charged with regulating and promoting Federal Home Loan Banks.
These data are gathered in the Mortgage Interest Rate Survey (MIRS), a monthly survey conducted by the Federal Housing Finance Board.
See Federal Housing Finance Board, "Effect of Federal Home Loan Bank System District Banks on the Housing Finance System in Rural Areas" (FHFB, April 23, 1993).
1461 also folds the FHLBank regulator--the Federal Housing Finance Board (FHLB)--into FHFA as well.
The new regulatory body should replace the current GSE regulator--the Office of Federal Housing Enterprise Oversight (OFHEO)--and the FHLBank regulator--the Federal Housing Finance Board (FHFB).
For instance, in 2004 the ARM share of mortgage originations peaked in June at 40 percent of conventional home-purchase loan activity," said Nothaft, referencing Federal Housing Finance Board (FHFB) data.

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