What does federal home loan bank system mean?
Definitions for federal home loan bank system
fed·er·al home loan bank sys·tem
This dictionary definitions page includes all the possible meanings, example usage and translations of the word federal home loan bank system.
Princeton's WordNet
Federal Home Loan Bank Systemnoun
the central credit system for thrift institutions
Wikipedia
federal home loan bank system
The Federal Home Loan Banks (FHLBanks, or FHLBank System) are 11 U.S. government-sponsored banks that provide liquidity to the members of financial institutions to support housing finance and community investment.
ChatGPT
federal home loan bank system
The Federal Home Loan Bank System (FHLBank System) is a government-sponsored entity of the United States, created to enhance the availability of credit for residential mortgages and support community investment. It consists of 11 regional cooperative banks that member financial institutions use for housing finance and community investment. These banks provide reliable liquidity to their member institutions to promote housing finance, community development and economic growth. It was established under the Federal Home Loan Bank Act in 1932 during the Great Depression to boost the level of funds available for lending institutions to finance home mortgages.
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Numerology
Chaldean Numerology
The numerical value of federal home loan bank system in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of federal home loan bank system in Pythagorean Numerology is: 2
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"federal home loan bank system." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/federal+home+loan+bank+system>.
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