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Home » Store » Federal Home Loan Banks » Bill Would Restore REIT Access to FHLBanks

Bill Would Restore REIT Access to FHLBanks

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Federal Home Loan Banks

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A bill introduced in the Senate last week with some bipartisan support would allow real estate investment trusts to regain access to funding from Federal Home Loan Banks. The bill would overturn a 2016 rule from the Federal Housing Finance Agency that restricted captive insurance companies from being FHLBank members. Before the FHFA rule took effect, a number of REITs established captive insurers to gain access to FHLBank advances, which come with better terms than ...
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