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Home » Store » Federal Home Loan Banks » Five Oaks Joins FHLB System, Plots Jumbo Growth

Five Oaks Joins FHLB System, Plots Jumbo Growth

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Federal Home Loan Banks

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A moratorium of real estate investment trusts gaining membership in the Federal Home Loan Bank system ended recently when the captive insurer of Five Oaks Investment was approved as a member of the FHLBank of Indianapolis. The REIT revealed this week that Five Oaks Insurance gained FHLBank membership on Feb. 24. “FOI is currently negotiating agreements for advances with the FHLBank and, although no assurance can be given, FOI anticipates ...
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