Resolved that the National Association of Home Builders urge policy makers not to undertake any changes to the housing finance system in a manner that will diminish the favorable cost of funds for the Federal Home Loan Banks or impair their role in providing liquidity to construction and mortgage lending institutions providing mortgage and housing production credit, support for community and economic development, and resources to address affordable housing needs.
Further resolved that the regulation of the mission and safety and soundness of the Federal Home Loan Bank System should reflect the uniqueness of the System’s mission, cooperative operating structure, charter type and other characteristics.Resolution originally adopted: 2010.4, Resolution No. 1
Committee with primary jurisdiction:
- Housing Finance Committee