Quantcast
Miscellaneous

FHLB Chicago Sinks Lower on Secondary Mortgage Market Program Concerns

JUN 15, 2008 12:12pm ET

WALL STREET – Standard & Poor's Ratings said last week it lowered the counterparty credit rating on the Federal Home Loan Bank of Chicago, which continues to struggle from the weight of more than $30 billion worth of loans its purchased from credit unions and banks under its Mortgage Partnership...

To continue, please sign in or subscribe
Free 14-Day
Trial
  • Online access to premium credit union content
  • Daily and weekly e-newsletters with top headlines
  • Learn why thousands of credit union professionals rely on Credit Union Journal
No credit card needed
Digital
Subscription
  • Access to our Credit Union Journal mobile app
  • Special reports providing the latest industry information
  • High-level perspective and insights on credit union strategies and tactics
Have an account?
SIGN IN HERE
Remember me