Advanced Search

Volume 18 - Number 16

August 3, 2018

Downloads Available: FHLBank Combined Operating Highlights: 2Q18


FHLBank Earnings Up 15 Percent, Advances Grow in Second Quarter

The Federal Home Loan Bank System saw a 13 percent yearly increase in earnings during the second quarter of 2018. The FHLBank’s Office of Finance reported that net income was $971 million for the quarter, up from $858 million in the first quarter. And for the entire first half of the year net income totaled $1.829 billion, an increase of 10 percent from a year earlier. The OF attributes the upswing to an increase in net interest income that was partially offset by lower non-interest income. [Includes one data chart.]

Subscribers to Inside The GSEs have full access to all its stories and data online. Visitors may become subscribers for full access or may purchase individual articles and data.

Subscriber Log In

If you are a current subscriber or already purchased this article, please login below.

Forgot your password?

Already subscribe but haven't registered for all the benefits of the website?

Subscribe

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

 

Pay-Per-View

You can purchase this article for $230.00 without subscribing and always have access to it on insidemortgagefinance.com.

Pay Per View

Please contact Customer Service if you need assistance: 1-800-570-5744

Poll

With loan volumes declining, does your shop have plans to enter the non-QM lending market in 2019?

Yes, definitely. A solid move forward.
Yes, but only incrementally.
We’re pondering a move into non-QM, but haven’t made up our mind.
No, definitely not. We view it has too risky.

vote to see results