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Home » Store » News » FHLBanks Tighten Their Advance Underwriting

FHLBanks Tighten Their Advance Underwriting

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Further deterioration in the mortgage market is spurring the Federal Home Loan Banks to tighten lending policies for their advances, which could make it more costly for lenders to use the increasingly popular mortgage financing options. The Atlanta FHLBank recently made substantive revisions to its credit and collateral policy, implementing a new credit risk rating system. “As part of an...
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