Federal Home Loan Banks

How’s your banking legislation history? Don’t worry if it’s not worthy of an A+ because Brookings provides a history lesson and accessible description of Federal Home Loan Banks in their August 8th, 2024 commentary: “How to Fix Federal Home Loan Banks.”

Our community has talked a lot about the intended and unintended consequences of the New Deal, and the Federal Home Loan Bank Act of 1932 has a role in that conversation. The good news is that there is a restructuring in progress, Brookings submitted commentary, and we all can get up to speed.

Keep in mind that this is information for policy at the federal level, but we know the effects of federal policy cascades into more local settings like ours!