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.