FHLB reform: Implications for financial institutions
Abrigo
AUGUST 30, 2024
Takeaway 2 Reform moves are stemming from actions of the FHFA against the San Francisco and New York FHLBs. Takeaway 3 Banks should respond to the reform efforts to ensure contingent liquidity options will remain. These FHLBs continued to lend to the member banks despite clear deterioration of their financial status.
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