Number: RL32815
Title: Federal Home Loan Bank System: Policy Issues
Authors: Edward Vincent Murphy, Government and Finance Division 
Abstract: Congressional discussions surrounding Fannie Mae and Freddie Mac and their regulators now include the Banks and could fold their overseer into a new single regulator for all three GSEs. This report gives a short history and basic description of the Federal Home Loan Bank System, its responsibilities, and its ties to the government. It also discusses issues affecting the Banks and highlights the differences between the FHLB System and the other two housing-related GSEs.
Pages: 13
Date: November 8, 2007