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 who 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 in the country. FHLBanks and their members make up the largest source of community credit and home mortgage in the country.
Divided into 11 regions, FHLBs are headquartered as follows: