Economics, Econometrics and Finance
8 years ago

Federal Home Loan Bank System Expands Activities Amid Financial Crisis

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The MIT Press eBooks
The Federal Home Loan Bank System
W. Scott Frame, Lawrence J. White

Paper Summary

The Federal Home Loan Bank System has evolved over 75 years and faces various challenges. Recently, it has expanded its activities by issuing standby letters of credit. The system's role during the current financial crisis is also being analyzed.

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