The Federal Housing Finance Agency (FHFA) is responsible for ensuring the soundness and liquidity of the housing finance system through its oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Bank (FHLB) system. Established by Congress in response to the Great Depression and currently consisting of 11 regional banks, the FHLB system is designed to provide low-cost loans to its 6,800 member institutions to facilitate mortgage lending, while also offering financing for affordable housing and community development projects. Last year, FHFA began a comprehensive review of the FHLB system to evaluate its performance over the past 90 years and to consider the role it should play going forward.
Join us for a fireside chat with FHFA Director Sandra L. Thompson as we discuss the agency’s findings from its anticipated report, FHLBanks at 100: Focusing on the Future, as well as the status of the housing finance system more broadly.
The Honorable Sandra L. Thompson | Director, Federal Housing Finance Agency
Dennis Shea | Executive Director, J. Ronald Terwilliger Center for Housing Policy, BPC