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 FHLBAsap Federal Home Loan Bank of Atlanta 2017-2025

Fhlbasap 2017-2025 Form

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so we're going to be talking about the federal home loan Banks the first thing we ought to say is that the name itself uh may be misleading Federal doesn't actually mean their government um yes they were created by Congress but but they're privately owned actually and they don't get Federal Appropriations home loan means yes they're very much a part of the housing Finance world but they're they're important to a lot lot more than just home loans and Banks yes but not in the sense that you might think of banks so what what are they um well the federal home loan banks are kind of a behind the scenes player in the financial system a big one uh to be sure but and and you can find positive effects of them everywhere you go but they're not necessarily very flashy about it by the way there are 12 of them around the country uh the simple way to say it is that the federal home loan Banks provide much of the money to local banks tha

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