Cool Federal Home Loan Bank Act Definition References. Ad with a bmo mortgage, your dream home is within your reach. Meaning / definition of federal home loan bank act.

The federal home loan banks ( fhlbanks, or fhlbank system) are 11 u.s. Definition the federal home loan bank act, is a united states federal law passed under president herbert hoover in order to lower the cost of home ownership. Federal home loan bank act definition, meaning, example business terms, home ownership, mortgage.