FHLB Dallas Increases Funding for First-Time Homebuyer Down Payment Program March 21, 2024 Greg Hettrick Spring selling season for single-family homes is just around the corner, and we’ve got some good news for homebuyers concerned about rising mortgage interest rates and housing prices: We’...
Changes to benchmark reference rates announced by the British Financial Conduct Authority in 2017 are underway for FHLB Dallas members and markets affected by London Interbank Offered Rate (LIBOR). LIBOR may no longer be available and/or reliable for financial institutions after 2021. Secured Ov...
How the Federal Home Loan Bank (FHLB) System Works The 11 regional banks comprising the Federal Home Loan Bank (FHLB) System, known as FHLBanks, are structured as privately capitalized corporations—specifically, cooperatives. They are owned by their members, local financial institutions that buy s...
The Capital Plan also authorizes the Board of Directors to declare dividends on the two sub-classes of Class B stock at different rates. FHLB Dallas’ current activity-based stock requirement is 4.10 percent of outstanding advances and 0.10 percent of outstanding letters of credit. From time to ...