The FHLBanks have a program, the Affordable Housing Program (AHP), that distributes 10% of profits to … affordable housing projects. A good initiative. Since its
As noted in a previous post, the pricing of loans made by the FHLBanks appears too low – especially for loans that provide liquidity. If
The plight of community banks as the primary defense of the FHLBanks warrants still further examination. Not only is the value ascribed to the community
One of the most popular defenses of the merits of the FHLBs is that, by their existence, community banks are able to do all the
A review of recent pricing on FHLB loans to members shows, since late last year, member banks and insurance companies can borrow from the FHLB
