The bank that’s got your mortgage lender’s back
Despite the name, homebuyers can’t get a mortgage directly from Federal Home Loan Bank of San Francisco. Instead, the bank provides liquidity to its 335 members, which are the banks and credit unions where you can take out a loan.
“We are a bank of bankers and financial institutions,” said Alanna McCargo, the bank’s president and CEO. “It’s a growing role, and I think going forward that will continue to be the case.”
The San Francisco bank is one of 11 regional banks that make up the Federal Home Loan Bank System...
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