CHLA wants IMBs to be eligible for FHLBank membership
CHLA supports FHFA repeal of Part 1272, urges FHLBank safeguards and IMB membership expansion, citing IMBs at 84% of originations.
CHLA supports FHFA repeal of Part 1272, urges FHLBank safeguards and IMB membership expansion, citing IMBs at 84% of originations.
BELLINGS Intelligence Score: 38
Why it matters
The CHLA's push for IMBs to gain FHLBank membership represents a notable regulatory and market-structure development with potential to affect mortgage finance broadly, given IMBs' large share of originations, but it remains a proposal and not yet a finalized policy change.
Sources
HousingWire
CHLA wants IMBs to be eligible for FHLBank membership
CHLA supports FHFA repeal of Part 1272, urges FHLBank safeguards and IMB membership expansion, citing IMBs at 84% of originations.