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Home » Store » Taxable » Analyst Sees Limited Growth for FHLBank Programs

Analyst Sees Limited Growth for FHLBank Programs

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Taxable

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The mortgage programs at the Federal Home Loan Banks have grown at an impressive rate during the past three years, but at least one market expert doesn’t believe they will pose any competitive threat to fellow GSEs Fannie Mae and Freddie Mac. Last year, the Mortgage Partnership Finance program – administered by the FHLBank of Chicago – funded a record $72.1 billion in mortgages. That represented a hefty 158 percent jump from the previous
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