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Home » FHLB Earnings Continue to Defy Gravity
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FHLB Earnings Continue to Defy Gravity

August 20, 2008
The Federal Home Loan Banks are among the few institutions in the mortgage market that are actually making money these days. System-wide, the FHLBank cooperatives announced a combined net income of $718 million, an increase of 2.9 percent from the $697 million earned during the first quarter, and up 14.3 percent compared with the same period the year before, according to the FHLBank Office...
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