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Federal Home Loan Bank System


Definition
FHLB. An organization which was originally created in the 1930s to help banks and other institutions after the effects of the depression. Its primary purpose today is to provide funds for affordable housing and other similar projects, as well as continued support for mortgage lenders.


Related Terms

Federal Home Loan Bank Act -  More

government sponsored enterprise (GSE) -  More

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Federal Home Loan Bank System is ...

... part of the Banking and Lending & Credit subjects.

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