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Volume 8 - Number 14

July 1, 2009

FHLB of Chicago Grapples With Interest Rates

The Federal Home Loan Bank of Chicago is working to re-orient its business focus more on the use of advances and away from the troubled Mortgage Partnership Finance program, but with advance use by members likely having peaked already, the Bank’s uphill climb doesn’t look to be getting any easier. However, the real long-standing issue for the Chicago FHLBank has been and remains...

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