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Bulletin No.: 2019-28
November 25, 2019

TO: MEMBERS

SUBJECT: Revision to Loan Collateral Values Calculation

Effective October 30, 2019, the Federal Home Loan Bank of Dallas (Bank) revised its methodology for establishing the loan collateral values for E*-rated (restricted) members. The revision resulted in an adjustment to the collateral haircuts for land, residential construction, small farm and small business loans only.

The new haircuts can be found in the Loan and Security Collateral Haircut charts in the appendix to the Bank's Collateral Valuation Guide on the SecureConnect main page under Guides. For additional information or to discuss the Bank's collateral valuation process, please contact the Collateral Services department at 800.541.0597.

Sincerely,

 

Michael Zheng
Senior Vice President and Chief Credit Officer