FHLBank Profits Up in 2Q; Advance Usage Declines

Inside Mortgage Finance, Dennis Hollier (subscription)
Net income for the 11 Federal Home Loan Banks increased for the eighth straight quarter, to $1.84 billion in the second quarter. That’s a 21.8% jump from the first three months of the year and more than triple year to date.
https://www.insidemortgagefinance.com/articles/228733-fhlbank-profits-up-in-2q-advance-usage-declines?