What Does FHFB Stand For?

FHFB stands for Federal Housing Finance Board

The Federal Housing Finance Board (FHFB) was an independent agency of the United States government responsible for overseeing and regulating the operations of the Federal Home Loan Bank System. Established to ensure stability and liquidity in the housing finance market, the FHFB played a crucial role in setting policies for the Federal Home Loan Banks and promoting access to affordable housing. The agency's functions included monitoring the financial health of the banks, facilitating their mission to support mortgage lending, and ensuring compliance with applicable laws and regulations. The FHFB was dissolved in 2008 as part of the Housing and Economic Recovery Act, with its responsibilities transferred to the Federal Housing Finance Agency (FHFA).