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Term of the Day
Federal Home Loan Banks
Federal Housing Finance Agency (FHFA)
Federal Housing Finance Board
Definition
A
collection
of 12
banks
in various districts whose primary purpose is to provide
lending
services
to
savings and loans
institutions
in
order
to promote
liquidity
among these
financial
service
companies
.
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Popular 'Banking' Terms
negotiable
letter of credit
bank draft
bank
commercial bank
account
overdraft protection
compound interest
overdraft
lockbox
Related Terms
Federal Housing Finance Agency (FHFA)
Federal Housing Finance Board
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