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FHLBS |
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Federal Home Loan Bank System A system of twelve American banks whose purpose is to provide low-cost loans for mortgages, businesses, and urban and rural economic development. The FHLB is not publicly traded, but rather is owned by several thousand banks and other financial institutions. These institutions buy stock in the system in order to become eligible for subsidized loans, which they then make to high-risk customers. Established in 1932 during the Great Depression, the FHLB largely succeeded in its original purposes of putting people in affordable homes. However, in the late 2000s, the FHLB began to have cash flow problems due in part to overexposure to the housing bubble and became the largest borrower from the United States government.
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If the FHLBS were to decide to securitize their holdings, they would become rivals to Fannie Mae and Freddie Mac in the issuance of mortgage-backed securities. Importantly, the FHLBS would be required to apply bank supervisory and accounting standards to the savings and loan associations. FHLBS The powers of the Federal Home Loan Banks (FHLBs), which provide subsidized funding to member institutions (including thrifts, banks, and insurance companies), were expanded under Gramm-Leach-Bliley. |
FHLBS |
FHKAM FHKBAW FHKC FHKCS FHKI FHKIE FHKIS FHKKLU FHKL FHKPUAA FHKSA FHKW FHKWTI Fhl FHLA FHLAC FHLB FHLB FHLB FHLBA FHLBanks FHLBB FHLBB FHLBC FHLBD FHLBI FHLBNY FHLBS FHLBSFFHLC FHLCF FHLCS FHLEOA FHLF FHLH FHLI FHLL FHLM FHLMC FHLMC FHLMC FHLMC FHLP FHLR FHLS FHLT FHLTA FHM FHMA FHMC FHMJ FHML FHMLC FHMM FHMO | ||||||||
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