WASHINGTON — Community bankers and credit unions scored a significant victory while others in the mortgage industry lost out in the Federal Housing Finance Agency's final rule establishing membership standards for the Home Loan banks.

The rule, issued Tuesday, dropped a contentious proposal to force Federal Home Loan bank members to hold a certain percentage of assets on an ongoing basis in order to preserve their membership. But the agency kept another controversial part of the plan that would kick real estate investment trusts and other captive insurers out of the Home Loan Bank System.

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