Home Loan Bank System

Home Loan Bank System
A creation of the federal government for providing a reserve credit pool for member home-finance institutions.

Ballentine's law dictionary. . 1998.

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  • Federal Home Loan Bank System — ( FHLB) A U.S. government sponsored enterprise. Twelve district banks and a Federal Housing Finance Board created by the U.S. government and owned by member financial institutions. The main purpose of the system is to provide loans to members for …   Financial and business terms

  • Federal Home Loan Bank System - FHLB — An organization created by the Federal Home Loan Bank Act of 1932 to increase the amount of funds available for lending institutions who provide mortgages and similar loan agreements to individuals. This system was created in response to the… …   Investment dictionary

  • Federal Home Loan Bank System — noun the central credit system for thrift institutions • Hypernyms: ↑financial institution, ↑financial organization, ↑financial organisation • Member Meronyms: ↑Home Loan Bank …   Useful english dictionary

  • Home Loan Bank Board — A federal agency directing the operations of the federal home loan bank system and the federal savings and loan insurance corporation. 12 USC § 1464(a) …   Ballentine's law dictionary

  • Home Loan Bank — noun one of 11 regional banks that monitor and make short term credit advances to thrift institutions in their region • Hypernyms: ↑depository financial institution, ↑bank, ↑banking concern, ↑banking company • Member Holonyms: ↑Federal Home Loan… …   Useful english dictionary

  • Federal Home Loan Bank Board — The federal agency formerly charged with regulating federal savings and loan associations and the Federal Home Loan Bank system. Abolished in 1989, its functions are now performed by the Office of Thrift Supervision and the Federal Housing… …   Black's law dictionary

  • Federal Home Loan Bank Board — The federal agency formerly charged with regulating federal savings and loan associations and the Federal Home Loan Bank system. Abolished in 1989, its functions are now performed by the Office of Thrift Supervision and the Federal Housing… …   Black's law dictionary

  • Home Federal Bank — Infobox Company company name = Home Federal Bank company company type = Public (nasdaq|HFFC) company slogan = We make things happen. foundation = 1929 location = Sioux Falls, South Dakota key people = Michelle Bunkers, Branch Manager Curtis L.… …   Wikipedia

  • Federal Home Loan Banks — Banks created under the Federal Home Loan Bank Act of 1932, for the purpose of keeping a permanent supply of money available for home financing. The banks are controlled by the Federal Housing Finance Board. Savings and loans, insurance companies …   Black's law dictionary

  • Federal Home Loan Banks — Banks created under the Federal Home Loan Bank Act of 1932, for the purpose of keeping a permanent supply of money available for home financing. The banks are controlled by the Federal Housing Finance Board. Savings and loans, insurance companies …   Black's law dictionary

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