March 31, 2011 – (RealEstateRama) — The Office of Finance is announcing the publication of the 2010 Combined Financial Report (CFR) of the Federal Home Loan Banks (FHLBanks). This report has been prepared from the audited financial information of the 12 FHLBanks. Each of the 12 FHLBanks has filed its 2010 Form 10-K with the SEC. Current financial reports and other SEC filings for individual FHLBanks can be obtained by searching the EDGAR database.
The 2010 CFR for the FHLBanks has been filed with its regulator, the Federal Housing Finance Agency. A copy of this Combined Financial Report can be obtained on the Office of Finance website at: http://www.fhlb-of.com/ofweb_userWeb/pageBuilder/fhlbank-financial-data-36
About the FHLBanks
The primary purpose of the FHLBanks is to ensure the flow of credit and other services for housing and community development to member financial institutions. This liquidity serves the public by enhancing the availability of residential mortgage and community investment funds. As cooperatives, the FHLBanks seek to maintain a balance between their public policy mission and their obligation to provide adequate returns on the capital supplied by members. The FHLBanks achieve this balance by delivering low-cost financing, providing members a viable alternative to the secondary mortgage market through their mortgage programs, and through the payment of dividends. Each FHLBank also helps members with other local housing and community development needs through self-funded affordable housing programs.
The FHLBanks have delivered innovation and service to the U.S. housing market since 1932, and currently have over 7,800 members in all 50 states, the District of Columbia, American Samoa, Guam, Puerto Rico, and the U.S. Virgin Islands. Please contact Kevin Kincaid at 703-467-3608 or for additional information. To obtain a printed copy of the CFR, please email the Office of Finance at: .