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Volume 17 - Number 22

November 3, 2017

Downloads Available: FHLBank Combined Operating Highlights: 3Q17

FHLBank Earnings and Advances Up in Third Quarter

The Federal Home Loan Bank System saw a 4.5 percent year-over-year increase in advances during the third quarter of 2017. The FHLBank’s Office of Finance reported that advances stood at $719.4 billion, up from the $688.6 billion a year ago and the $706.8 billion reported at the end of August. The combined net income for the third quarter was $854 million, up from $844 million the previous quarter but down 1 percent when compared to the same period in 2016. The OF attributes that to lower gains on litigation settlements offset by an increase in net interest income.

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This biweekly covers the housing-related government-sponsored enterprises with experienced, expert analysis.



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What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.


I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.


Not bad, but he needs to take his time making additional changes.


We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!