About Federal Home Loan Bank of San Francisco
Federal Home Loan Bank of San Francisco (the Bank) is engaged in providing credit for residential mortgages and community development by providing readily available source of funds for housing and community lenders. The Bank’s primary business is making collateralized loans, known as advances, to its members. Advances may be fixed or adjustable – more... rate, with terms ranging from one day to 30 years. The Bank has two operating segments: the advances-related business and the mortgage-related business. The advances-related business consists of advances and other credit products provided to members, related financing and hedging instruments, liquidity and other non mortgage-backed securities (MBS) investments. The mortgage-related business consists of MBS investments, mortgage loans previously acquired through the Mortgage Partnership Finance (MPF) Program.
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