Federal Home Loan Bank


Federal Home Loan Bank
The institutions that regulate and lend to savings and loan associations. The Federal Home Loan Banks play a role analogous to that played by the Federal Reserve Banks vis-a-vis member commercial banks. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Look at other dictionaries:

  • Federal Home Loan Bank — (FHLB)  Government system created to provide credit to the savings and loan industry. In 1989 the FHLB was replaced by the Federal Housing Lending Board …   American business jargon

  • Federal Home Loan Bank System — ( FHLB) A U.S. government sponsored enterprise. Twelve district banks and a Federal Housing Finance Board created by the U.S. government and owned by member financial institutions. The main purpose of the system is to provide loans to members for …   Financial and business terms

  • Federal Home Loan Bank Act — The Federal Home Loan Bank Act is a United States federal law passed in 1932 under President Herbert Hoover in order to lower the cost of home ownership.It established the Federal Home Loan Bank Board to charter and supervise federal savings and… …   Wikipedia

  • Federal Home Loan Bank Board — The federal agency formerly charged with regulating federal savings and loan associations and the Federal Home Loan Bank system. Abolished in 1989, its functions are now performed by the Office of Thrift Supervision and the Federal Housing… …   Black's law dictionary

  • Federal Home Loan Bank Board — The federal agency formerly charged with regulating federal savings and loan associations and the Federal Home Loan Bank system. Abolished in 1989, its functions are now performed by the Office of Thrift Supervision and the Federal Housing… …   Black's law dictionary

  • Federal Home Loan Bank Act — An act passed by the Hoover administration in 1932 that was designed to encourage home ownership by providing a source of low cost funds for member banks to extend mortgage loans. The Federal Home Loan Bank Act was the first in a series of bills… …   Investment dictionary

  • Federal Home Loan Bank System - FHLB — An organization created by the Federal Home Loan Bank Act of 1932 to increase the amount of funds available for lending institutions who provide mortgages and similar loan agreements to individuals. This system was created in response to the… …   Investment dictionary

  • Federal Home Loan Bank System — noun the central credit system for thrift institutions • Hypernyms: ↑financial institution, ↑financial organization, ↑financial organisation • Member Meronyms: ↑Home Loan Bank …   Useful english dictionary

  • Federal Home Loan Banks — The Federal Home Loan Banks provide stable, on demand, low cost funding to American financial institutions for home mortgage loans, small business, rural, agricultural, and economic development lending. With their members, the FHLBank System… …   Wikipedia

  • Federal Home Loan Banks — Banks created under the Federal Home Loan Bank Act of 1932, for the purpose of keeping a permanent supply of money available for home financing. The banks are controlled by the Federal Housing Finance Board. Savings and loans, insurance companies …   Black's law dictionary