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FHLBS

  1. Federal Home Loan Bank System.


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Example Sentences

“I believe every bank should be fully prepared to borrow from the Federal Reserve’s discount window and to test its use regularly, including moving collateral between the Fed and the FHLBs,” Dallas Fed President Lorie Logan said in a May speech, referring to the Federal Home Loan Banks.

In addition to limiting access for big banks, regulators have discussed requiring banks that want to borrow from the FHLBs to hold a minimum percentage of their assets in mortgages, the report said, citing people familiar with the matter.

From Reuters

The companies are among the 12 government-chartered FHLBs, which collectively raise cash in the bond market to lend to the banks and insurers that own them.

Several of the FHLBs have outstanding suits over disclosures made by Countrywide that could continue under the terms of the broader settlement.

“The FHLBs have not made decisions whether to oppose the settlement,” the Federal Home Loan Banks of Boston, Chicago, Indianapolis, Pittsburgh, San Francisco and Seattle said in a filing today in New York state court in Manhattan.

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