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What is the Federal Home Loan Bank System (FHLBank System)?

April 26, 2017Bank Federal fhlbank home loan system

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What is the Federal Home Loan Bank System (FHLBank System)?

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The FHLBank System was created by Congress in 1932 to promote housing finance nationwide and is made up of the 12 FHLBanks, the Office of Finance, and the financial institutions that are members of the FHLBanks. The FHLBanks are regulated by the Federal Housing Finance Agency.