FHLB Advances, Collateral Increase in 2017

Advances from Federal Home Loan Banks during 2017 increased from the year before by 3.7 percent to $732 billion, the Federal Housing Finance Agency said today. The total book value of the FHLB’s eligible collateral rose to nearly $3 trillion, an increase of 7.6 percent from a year prior.

Single family loans accounted for 53 percent of the eligible collateral pledged to the FHLBs, while multifamily loans accounted for 8 percent, other real estate-related collateral accounted for 29.5 percent, securities accounted for 7.8 percent and community financial institution collateral accounted for 1.7 percent.


About Author

Monica C. Meinert

Monica C. Meinert is deputy editor of the ABA Banking Journal and a senior editor at the American Bankers Association, where she oversees ABA Daily Newsbytes.