what was its main purpose
2007-12-31 09:26:12 · 2 answers · asked by gohonaf 2 in Politics & Government ➔ Law & Ethics
Helping the poor to acquire an affordable shelter is the main purpose of the Federal Home Loan Bank.
2007-12-31 09:29:57 · answer #1 · answered by FRAGINAL, JTM 7 · 0⤊ 0⤋
Federal Home Loan Bank Act
2016-09-29 22:02:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
This was an institution that was created to make home loans cheaper for Americans by supervising and chartering the Savings & Loan institutions that were principally responsible for issuing home loans.
The Home loans back then were nothing like the ones of today. Their structure has changed dramatically, requiring additional institutions to handle the increased workload.
2007-12-31 09:32:37 · answer #3 · answered by Kiker 5 · 0⤊ 0⤋
that is a good question and I hope you will get some reasonable answers
2016-08-26 15:15:29 · answer #4 · answered by ? 4 · 0⤊ 0⤋