The Federal Home Loan Bank System
The Federal Home Loan Bank System

Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development

Publisher:

Published: 1993

Total Pages: 666

ISBN-13:

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Federal Housing Finance Agency
Federal Housing Finance Agency

Author: William B. Shear

Publisher: DIANE Publishing

Published: 2011

Total Pages: 44

ISBN-13: 1437938302

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This is a print on demand edition of a hard to find publication. The Fed. Home Loan Bank System is a government-sponsored enterprise comprising 12 regionally-based Federal Home Loan Banks (FHLB), the primary mission of which is to support housing finance and community and economic development. Each FHLB makes loans (advances) to member financial institutions in its district, such as banks, which traditionally are secured by single-family mortgages. In 1999, the Gramm-Leach-Bliley Act authorized FHLB to accept alternative forms of collateral, such as agricultural and small business loans, from small members. This report assessed: (1) factors that may limit the use of alternative collateral; and (2) selected aspects of the Federal Housing Finance Agency's related regulatory oversight practices. Illus.