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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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The Office of Federal Housing Enterprise Oversight (OFHEO) is responsible for safety and soundness oversight of Fannie Mae and Freddie Mac while the Federal Housing Finance Board (FHFB) is responsible for safety and soundness and mission oversight of the FHLBank System.
The National Association of Home Builders (NAHB) applauded a decision by the Federal Housing Finance Board to allow the Federal Home Loan Banks to temporarily increase their holdings of Fannie Mac and Freddie Mac securities to help stabilize the mortgage finance market.
The maximum adjustment is based on the change in the national single-family home price as determined by the Federal Housing Finance Board (FHFB) from its Monthly Interest Rate Survey (MIRS).
 
 
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