GSE Earnings and Financials

FHLBank Combined Operating Highlights

Combined operating highlights including assets (advances, investments, portfolio mortgages, others), consolidated obligations (discount notes, bonds), GAAP capital (capital stock, retained earnings, AOCI), regulatory capital, and net income (net interest income, other non-interest income, other expense, assessments). Data available 4Q09-1Q12 quarterly.

1Q12 Data

2011 Data

2010 Data

Poll

Are current mortgage underwriting standards too tough?

Yes, they don’t reflect current market conditions and need to be adjusted to allow borrowers with below 700 FICO scores and smaller downpayments to qualify for mortgages.
Yes, and something needs to be done to significantly reduce repurchase or buyback risk so that lenders don’t apply even tougher underwriting overlays.
No, the standards are appropriate given current risks and the major default problems the mortgage market has experienced over the past several years.

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