Federal Home Loan Bank or FHLB
Last modified June 7, 2023Commonly known in banking sectors as FHLB, its is an organization of federally chartered savings institutions and banks that provide a credit reserve for its member institutions. There are 12 Federal Home Loan Bank districts or regions that provide credit reserve to each of its member institutions. There are down payment assistance programs sponsored by FHLB that serve the low to lower moderate income borrower.
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