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Home Loan Bank

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Noun1.Home Loan Bank - one of 11 regional banks that monitor and make short-term credit advances to thrift institutions in their region
banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"
Federal Home Loan Bank System - the central credit system for thrift institutions


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Both CMG Mortgage Insurance and the Federal Home Loan Bank of Boston are playing down the importance of the bank's recent decision to stop buying some mortgages that use CMG MI as their primary insurance.
Since June 2007, Richard Dorfman has served as president and chief executive officer (CEO) of the Federal Home Loan Bank of Atlanta, whose members are commercial banks, credit unions, thrifts and insurance companies headquartered in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia and the District of Columbia.
The Federal Home Loan Bank system has performed well throughout the nation's financial crisis, providing more than $300 billion in additional liquidity in the past 15 months.
 
 
 
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