Reorganization of Federal Housing Finance Board Regulations

The Federal Housing Finance Board (Finance Board) is proposing to reorganize and renumber its regulations, to delete obsolete regulations and to amend the renumbered regulations to achieve greater consistency in terminology and greater conformity with current stylistic conventions of the Code of Federal Regulations. The reorganization is being proposed in order to implement a more logical and efficient presentation of the rules governing the Federal Home Loan Banks (Banks) and the Federal Home Loan Bank System (Bank System), as well as to prepare for the anticipated incorporation, in calendar year 2000, of new financial management and mission achievement regulations for the Banks.

This is a factual description of what was issued or decided, not an assessment of it.