Business, Legal & Accounting Glossary
FHFB. Independent U.S. Government agency that regulates the nation’s twelve Federal Home Loan Banks (FHLBs). The FHLBs finance local lenders who finance home mortgages and community development needs. Established in 1989, it replaced the Federal Home Loan Bank Board in the aftermath of the savings and loan crisis.
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This glossary post was last updated: 17th November, 2021 | 0 Views.