FHLB Advances, Collateral Increase in 2016

Advances from Federal Home Loan Banks during 2016 increased from the year before by 11 percent to $705 billion, the Federal Housing Finance Agency said today. The total book value of the FHLB’s eligible collateral rose to $2.8 trillion, an increase of 21 percent from a year prior.

Whole loans accounted for 61 percent of all eligible collateral pledged to the FHLBs, while other real estate-related collateral accounted for 29 percent, securities accounted for 8 percent and community financial institution collateral accounted for 2 percent.