Bankshot

Ep. 67: The ‘poignant American drama’ of the Home Loan Bank System

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Sinopse

The failures of Silicon Valley Bank, Signature Bank and First Republic brought to light the Federal Home Loan Banks’ role as a ‘lender of next-to-last resort.’ Some critics say that the review from the Federal Housing Finance Association should bring the system back to its original purpose of oiling the mortgage finance market.