FEDERAL HOUSING FINANCE BOARD
Federal Housing Finance Board.A five-member independent federal board that supervises the
12 Federal Home Loan Banks. • Formerly known as the Federal Home Loan Bank Board, it was
established by the Federal Home Loan Bank Act of 1932. That Act was amended by the Financial
Institutions Reform, Recovery, and Enforcement Act of 1989.12 USCA §§ 1421 et seq.[Blacks Law 8th]