They Were Meant to Fund Homes—So Where Is the Money Going?

Mortgage Research Network Podcast · Apr 10, 2026 · 5m

They were created to support affordable housing—but today, only a fraction of Federal Home Loan Bank funding goes toward home loans, raising serious questions about their role in the housing market. Tim Lucas and Craig Berry break down how this system evolved, where the money is going now, and what it could mean for housing affordability.In this episode you’ll learn:What the Federal Home Loan Banks were designed to do: Originally created during the Great Depression to provide low-cost funding for home loans and support housing access.Where the money is going today: Only about 10% of funding…