References in periodicals archive ?
But premiums charged by FHLB members in an MPF transaction do not include expected losses; losses are instead attributed to the First Loss Account and realized as discounts on the credit enhancement fee paid by the FHLB.
Both mortgage-asset programs offer FHLB System member institutions a new method for funding fixed-rate conventional, FHA, and VA mortgages.
The FHLB's net income for 2018 resulted in an accrual of USD 38 million to the Affordable Housing Program (AHP) pool of funds available to members.
FHLB Dallas' PGP awards provide 3:1 matches of member contributions to provide grants up to USD 12,000 that help promote and strengthen relationships between community-based organizations and FHLB Dallas members.
Given the cost and funding advantages that FHLBs enjoy as government sponsored enterprises (see the Congressional Budget Office studies in the recommended reading list) and the increasing share of FHLB assets represented by advances to banks, I am interested in the effects on the financial system of changes in access to FHLB funding.
The FHLB paid its stockholders a cash dividend on September 20, 2018 at a 6.00 percent annualized rate, which is 3.66 percentage points above the third quarter average 3-month LIBOR.
As with all FHLB Dallas grant programs, residents must apply through an FHLB Dallas member institution.
The 2015 grants are expected to create or rehabilitate 1,039 housing units within FHLB Dallas' District of Arkansas, Louisiana, Mississippi, New Mexico, and Texas, as well as one state outside of FHLB Dallas' District in which its members do business.
FHLB Dallas, with total assets of USD 68.5 billion as of December 31, 2017, is a member-owned cooperative that supports housing and community development by providing competitively priced advances and other credit products to approximately 835 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas.
BANKING AND CREDIT NEWS-March 16, 2018-Allegiance Bank, FHLB Dallas award USD 382K help in post-Harvey recovery efforts
He has served on FHLB Dallas' board since May 2008, most recently serving as chairman of the board's Risk Management Committee.
JONESBORO, Ark: To award $26,000 in Partnership Grant Program (PGP) funds to Habitat for Humanity of Greater Jonesboro, representatives from BancorpSouth Bank, Evolve Bank & Trust, First Community Bank, First Security Bank, IBERIABANK and the Federal Home Loan Bank of Dallas (FHLB Dallas) joined local dignitaries.
Acronyms browser ?
Full browser ?