News by "Business News"

Business News Member Announcements 2025 Affordable Housing Program Information Now Available FHLB Des Moines offers a variety of products to support the purchase, construction or rehabilitation of affordable housing. Information detailing the 2025 Affordable Housing Program are now available. Business News Public Announcements FHLB Des Moines Awards $100.3 Million for 55 Affordable Housing Initiatives FHLB Des Moines Awards $100.3 Million for 55 Affordable Housing Initiatives Business News Member Announcements 2024 Holiday Hours The holiday season is upon us and with that comes amended hours. Please take a moment and review our upcoming holiday schedule and download our special holiday hours guide. Business News Member Announcements Freddie Mac and FHLB Des Moines Partner to Increase Access to Affordable Housing on Tribal Lands Freddie Mac and FHLB Des Moines Partner to Increase Access to Affordable Housing on Tribal Lands Business News Public Announcements Jamie Cornish Named FHLB Des Moines Chief Audit Executive Jamie Cornish Named FHLB Des Moines Chief Audit Executive Business News Member Announcements 2024 Member and Independent Director Election Results On November 1, 2024, the Board of Directors of FHLB Des Moines reviewed the results of the 2024 Member and Independent Director election. We are pleased to announce the election results for director terms commencing January 1, 2025. Business News Member Announcements Council of Federal Home Loan Banks Hails FHFA Report Highlighting Impact Delivered by Federal Home Loan Banks Council of Federal Home Loan Banks Hails FHFA Report Highlighting Impact Delivered by Federal Home Loan Banks Business News Member Announcements Collateral Eligibility Updates Q3-Q4 2024 FHLB Des Moines will be updating several collateral eligibility requirements over the next two quarters with the majority of the updates effective September 30, 2024. Many of these updates simplify eligibility requirements or provide improved eligibility for certain collateral types. Business News Public Announcements Federal Home Loan Banks Present Housing Supply Recommendations On August 29, 2024, the Federal Home Loan Banks presented the U.S. Department of Treasury a range of housing supply recommendations where the FHLBanks, the Federal Housing Finance Agency and the Treasury can collaborate to help address housing issues currently facing the nation. Business News Member Announcements Updated Collateral Loan-to-Values Effective October 7, 2024 On Monday, October 7, 2024, FHLB Des Moines will implement revised LTVs for most collateral categories. Business News Member Announcements Hawaiian Home Lands Lease Addendum Federal Home Loan Bank of Des Moines is pleased to announce the availability of a lease addendum, which was developed in partnership with the Department of Hawaiian Home Lands. Business News Public Announcements $25 Million in Grant Funds Allocated to New Mortgage Rate Relief Product to Provide Affordable Homeownership The Federal Home Loan Bank of Des Moines (FHLB Des Moines) launched a new product, Mortgage Rate Relief, which will provide $25 million in grant funds to those seeking affordable homeownership.