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Federal Home Loan Banks |
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Federal Home Loan BanksThe institutions that regulate and lend to savings and loan associations. The Federal Home Loan Banks play a role analogous to that played by the Federal Reserve Banks vis-à-vis member commercial banks.Federal Home Loan BanksBanks created under the Federal Home Loan Bank Act of 1932, in order to keep a permanent supply of money available for home financing. The banks are controlled by the Federal Home Loan Bank Board. Savings and loans, insurance companies, and other similar companies making long term mortgage loans may become members of the Federal Home Loan Bank System, and thus may borrow from one of the regional banks throughout the country.Federal Home Loan Banks Similar MatchesFederal Insurance Contributions ActFederal Insurance Contributions ActIn the US, the federal law which directs employers to withhold a proportion of employees' salaries for payment to the government in order to provide future pension and other social security benefits. Federal Reserve Act of 1913Federal Reserve Act of 1913Federal legislation that established the Federal Reserve System. Freddie Mac (Federal Home Loan Mortgage Corporation)Freddie Mac (Federal Home Loan Mortgage Corporation)A Congressionally chartered corporation that purchases residential mortgages in the secondary market from S&Ls, banks, and mortgage bankers and securities these mortgages for sale in the capital markets. Federal Reserve BankFederal Reserve BankOne of the 12 member banks constituting the Federal Reserve System that is responsible for overseeing the commercial and savings banks of its region to ensure their compliance with regulation. Federal Intermediate Credit BankFederal Intermediate Credit BankA bank sponsored by the federal government to provide funds to institutions making loans to farmers. Further SuggestionsFederal Deposit Insurance CorporationFederal Deposit Insurance Corporation (fdic) Federal agency bond Board of Governors of the Federal Reserve System Federal Advisory Council (FAC) federal gift tax Federal Agricultural Mortgage Corporation (Farmer Mac) Federal Farm Credit System Federal Maritime Commission (FMC) Federal funds rate Federal Housing Administration (FHA) Federal Home Loan Mortgage Corporation (FHLMC) Federal Savings and Loan Association Off budget Federal entities Federal Reserve District (Reserve district or district) Federal gift tax federal agency security Federal agency securities FHA (Federal Housing Admininistration) Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Federal Reserve Board (FRB) Federal Reserve notes Federal Farm Credit Bank Federal Financing Bank |
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