Webinar: Subsidized Bank Profits of American Homes? Why the $1.6 Trillion Government-Sponsored System of Federal Home Loan Banks Demands Reform
When the government created the system, it was founded on a public mission to address the housing crisis of the Great Depression. But this $1.6 trillion government-sponsored bank system has since become more focused on enriching its members rather than on helping Americans and communities thrive in today’s affordable housing crisis. In this webinar, you will hear a thoughtful analysis from a range of experts, who will explain the Federal Home Loan Bank system, how profits have come to dominate public benefits, and how a reformed system could better serve the broader economy. We also summarize how a major new report from the FHLBanks’ regulator (the Federal Housing Finance Agency) makes a compelling case for reform.
Join us to learn about Federal Home Loan Bank reform, and how you and your organization can help!
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