Volume 9 - Number 18
September 1, 2010
Non-Prime Advance Collateral Rising
The Federal Home Loan Banks accepted more non-prime mortgage collateral to support member advance use in 2009, on a percentage basis, than they did the year before, according to a new report submitted to Congress by the Federal Housing Finance Agency. The FHFA’s second annual Report on Federal Home Loan Bank Collateral Securing Advances – prepared for the Senate Committee on Banking, Housing and Urban Affairs and the House Financial Services Committee – analyzes, among other
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