What are FHLBs in Commercial Real Estate?
An FHLB (sometimes referred to as an FHLBank) or Federal Home Loan Bank is a region-based bank that is part of a federally backed group of banks that provide housing finance and community investment loans. There are 11 FHLBs in total that provide reliable liquidity to financial institutions that are members of the program in order to support community investment and housing finance across the country. FHLBanks and their members make up the largest source of community credit and home mortgages in the country.
Divided into 11 regions, FHLBs are headquartered as follows: