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Real Estate & Property Law

: Housing Wire

Banks May Take Hit on FHLB Stock Holdings

By TERI BUHL

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Serious cracks are showing in the nation?s Federal Home Loan Bank system, and it now appears as if member banks are being forced to take at least some of the hit for it. Various banking industry sources suggested Friday afternoon that some Home Loan banks are squeezing the liquidity faucet, and refusing to pay banks [...]

Full post as published by Housing Wire on January 09, 2009 (boomark / email).

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