[Federal Register Volume 74, Number 57 (Thursday, March 26, 2009)]
[Rules and Regulations]
[Pages 13083-13084]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-6780]


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FEDERAL HOUSING FINANCE AGENCY

12 CFR Part 1229

RIN 2590-AA21


Capital Classifications and Critical Capital Levels for the 
Federal Home Loan Banks

AGENCY: Federal Housing Finance Agency.

ACTION: Interim final rule; extension of comment period.

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SUMMARY: The Federal Housing Finance Agency (FHFA) published in the 
Federal Register of January 30, 2009, an interim final rule with 
request for comments that implemented the statutory requirement of the 
Housing and Economic Recovery Act of 2008 that

[[Page 13084]]

FHFA specify critical capital levels for the Federal Home Loan Banks 
(Bank(s)). Specifically, the interim final rule defined the critical 
capital level for each Bank; established criteria based on the amount 
and type of capital held by a Bank for each of the following capital 
classifications: adequately capitalized, undercapitalized, 
significantly undercapitalized and critically undercapitalized; and 
delineated FHFA's prompt corrective action authority over the Banks.
    The E-mail address to submit comments that was listed in the 
interim final rule of January 30, 2009, was incorrect. The correct E-
mail address is listed below. To compensate for this error, FHFA is 
extending the comment period 15 days until May 15, 2009, to allow all 
interested parties additional time to submit comments on the interim 
final rule.

DATES: Comments on the interim final rule must be received on or before 
May 15, 2009. For additional information, see SUPPLEMENTARY 
INFORMATION.

ADDRESSES: You may submit your comments on the interim final rule, 
identified by regulatory information number (RIN) 2590-AA21 by any of 
the following methods:
    <bullet> U.S. Mail, United Parcel Post, Federal Express, or Other 
Mail Service: The mailing address for comments is: Alfred M. Pollard, 
General Counsel and Christopher T. Curtis, Senior Deputy General 
Counsel, Attention: Comments/RIN 2590-AA21, Federal Housing Finance 
Agency, Fourth Floor, 1700 G Street, NW., Washington, DC 20552.
    <bullet> Hand Delivered/Courier: The hand delivery address is: 
Alfred M. Pollard, General Counsel and Christopher T. Curtis, Senior 
Deputy General Counsel, Attention: Comments/RIN 2590-AA21, Federal 
Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington, 
DC 20552. The package should be logged at the Guard Desk, First Floor, 
on business days between 9 a.m. and 5 p.m.
    <bullet> E-mail: Comments to Alfred M. Pollard, General Counsel and 
Christopher T. Curtis, Senior Deputy General Counsel, may be sent by e-
mail to <a href="/cdn-cgi/l/email-protection#e4b68183a78b8989818a9097a4a2aca2a5ca838b92"><span class="__cf_email__" data-cfemail="d183b4b692bebcbcb4bfa5a29197999790ffb6bea7">[email protected]</span></a>. Please include ``RIN 2590-AA21'' in the 
subject line of the message.
    <bullet> Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.

FOR FURTHER INFORMATION CONTACT: Julie Paller, Senior Financial 
Analyst, (202) 408-2842, and Anthony Cornyn, Senior Associate Director, 
(202) 408-2522, Division of Federal Home Loan Bank Regulation, Federal 
Housing Finance Agency, 1625 Eye Street, NW., Washington, DC 20006; or 
Thomas E. Joseph, Senior Attorney-Advisor, (202) 408-2512, Office of 
General Counsel, Federal Housing Finance Agency, Fourth Floor, 1700 G 
Street, NW., Washington, DC 20552. The telephone number for the 
Telecommunications Device for the Deaf is (800) 877-8339.

SUPPLEMENTARY INFORMATION: The FHFA invites comments on all aspects of 
the interim final rule, and will amend the rule as appropriate after 
taking all comments into consideration. Copies of all comments will be 
posted on the internet Web site at http://www.fhfa.gov. In addition, 
copies of all comments received will be available for examination by 
the public on business days between the hours of 10 a.m. and 3 p.m., at 
the Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., 
Washington, DC 20552. To make an appointment to inspect comments, 
please call the Office of General Counsel at (202) 414-3751.

    Dated: March 20, 2009.
James B. Lockhart, III,
Director, Federal Housing Finance Agency.
[FR Doc. E9-6780 Filed 3-25-09; 8:45 am]
BILLING CODE 8070-01-P


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