The Federal Home Loan Banks awarded approximately $458 million in affordable housing program funds in 2018, a 15% increase from the year prior, according to a report released today by the Federal Housing Finance Agency.
With the future of the London Interbank Offered Rate uncertain beyond 2021, the Federal Housing Finance Agency today directed the Federal Home Loan Banks to begin planning to phase out Libor-based transactions.
As banks across the country mark American Housing Month in June, the ABA Banking Journal Podcast sat down with Michael Petrie, who leads the $4 billion Merchants Bancorp in Carmel, Ind. — one of the nation’s largest affordable housing lenders.
The Senate today voted 52 to 44 to confirm Mark Calabria as director of the Federal Housing Finance Agency.
Is your bank leaving FHLB resources on the table?
The Federal Housing Finance Agency today finalized a proposal making changes to the Federal Home Loan Bank Affordable Housing Program
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 Federal Housing Finance Agency today proposed several changes to the housing goals for the Federal Home Loan Banks.
The Federal Home Loan Banks awarded approximately $398.7 million in affordable housing program funds in 2017, an 8 percent increase from the year prior, according to a report released today by the Federal Housing Finance Agency.
In a comment letter to the Federal Housing Finance Agency on Friday, the American Bankers Association called on FHFA to reconsider its approach to modifying the Federal Home Loan Bank Affordable Housing Program.