Search

Federal Home Loan Banks funded 1,000 affordable housing projects last year, according to figures cited by the Council of Federal Home Loan Banks. The numbers, recently released by the Federal [...]

Almost a year after becoming a permanent loan-buying program, the Federal Home Loan Banks' alternative secondary market program, Mortgage Partnership Finance, is focusing on carving out a bigger niche for [...]

Deduct-A-Buck Yields Low WASHINGTON, D.C.-A program allowing CU members to authorize automatic deposits into CUNA's campaign fund, unveiled with great fanfare, has reaped insignificant results to date. The Deduct-A-Buck program, [...]

WASHINGTON - Fannie Mae and Freddie Mac said they would buy single-family home loans of up to $252,700 next year, a 5.3% increase from this year's limit of $240,000. The [...]

On Aug. 9 the Federal Home Loan banks' affordable housing program celebrated its 10th anniversary. Established by Congress in 1989, this dynamic program provides substantial subsidies for the creation and [...]

Washington--The Federal Home Loan Banks would have five years to divest their holdings of mortgage-backed securities under a risk-based capital proposal the Federal Housing Finance Board plans to consider on [...]

By Harrison, David The Federal Housing Finance Board is expected Wednesday to approve a rule expanding the types of collateral the 12 Home Loan banks may use for standby letters [...]

Don't look now but, if short-term interest rates stay low, an earnings squeeze is just around the corner. Yes, after a year of low-balling interest expenses, asset yields are about [...]

The Federal Home Loan Bank of San Francisco -- a government-sponsored enterprise with superior credit quality -- is considering selling a $200 million tax-exempt letter of credit, a move that [...]

Commercial banks have emerged as the leading source of residential mortgage originations. Booking of home mortgages has become popular since it provides commercial banks with low-risk profit possibilities. They are also considered an excellent means of building long-term customer relationships and can help banks meet Community Reinvestment Act requirements. The increased mortgage activity of commercial banks is not without problems. There remains a substantive risk involved in fashioning a profitable mortgage operation. Varying strategies are needed to maintain a profit, as earnings are sourced principally from servicing fees.

CONGRESS TAKES A SMARTER STANCE ON WORKING CAPITAL Lately, the financial wizards in Congress have been getting suitably worked up over the working capital needs to cover federal deposit insurance [...]

Thrift Crisis II Depicts Collapse Of Home Banks A sequel to the savings and loan crisis may be in production in the Federal Home Loan Bank System. Critics warn it [...]

Home Loan Bank System Awash in Cash RTC Mortgage Prepayments Slash Demand; Thrifts May Be Hurt WASHINGTON -- The Federal Home Loan Bank System has billions of dollars to lend [...]

Home Loan Bank Criticized For High Costs, Poor Profits WASHINGTON - The latest in a string of lackluster earnings reports by the Federal Home Loan Bank of San Francisco drew [...]

RTC Seeking Approval to Pay Home Loan Banks with Notes WASHINGTON - The Resolution Trust Corp. is asking Congress for authority to repay in notes, rather than in cash, Federal [...]

FHLBANK ADVANCES ARE HEADED FOR THEIR STEEPEST DROP In the spring of 1989, less than two years ago, the Federal Home Loan Bank System had over $164 billion, 84% of [...]

Deutsche Bank Berkshire Mortgage (DBBM) recently provided a $45 million Fannie Mac loan for the acquisition of Windsor at Trianon, a four-story, 331-unit deluxe Class 'A' multifamily property in Dallas, [...]

Washington, D.C. -- The three most ubiquitous gap financing programs used for Low Income Housing Tax Credit (LIHTC) projects are Community Development Block Grants (CDBG), HOME and the Federal Home [...]