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  • Comment Detail

  • Date: 10/05/22
    First Name: Steve
    Last Name: Bowles
    Email: sbowles@srifcu.org
    Organization Type: other
    Organization: SRI Federal Credit Union

  • Comment

    1. Limitations on the dollar amount of loans that the FHLB will purchase are too low as our area of California is very expensive. We would like to service large (Jumbo) loans and sell either 100% or a 90% participation to the FHLB to help fund these.
    2. Although the FHLB low-income programs that provide home ownership are excellent, customers who might qualify for the FHBL program, can't qualify for the loan-again because the prices of homes are so high in San Francisco Bay area.

    Thanks for listening!