Federal Home Loan Bank of Des Moines
07/25/2024 | Press release | Distributed by Public on 07/25/2024 07:44
Updated Collateral Loan to Values Effective October 7, 2024
Updated Collateral Loan-to-Values Effective October 7, 2024
last updated on Thursday, July 25, 2024 in Business News
The Federal Home Loan Bank of Des Moines periodically reviews our collateral Loan-to-Values (LTVs) to ensure they are consistent with the current market environment. On Monday, October 7, 2024, FHLB Des Moines will implement revised LTVs for most collateral categories.
These changes may affect your FHLB Des Moines borrowing capacity. We encourage members to connect with their relationship manager along with the collateral team to optimize their current collateral position.
A chart of the updated LTVs are provided by clicking on the links below.
Loan Collateral
Loan collateral LTVs will be updated for all members with a Blanket Advances, Pledge and Security Agreement (APSA).
Comparison of loan collateral ltv changes
Securities Collateral
Security collateral LTVs will be updated for all members and all housing associates.
Depository Members
DEPOSITORY MEMBERS - LTV COMPARISON
Non-Depository Members
NON-DEPOSITORY MEMBERS - LTV COMPARISON
Our goal is to maintain stable and prudent LTVs for members. We will continue to adjust appropriately with market conditions.
Information on LTVs can be found here.
If you have questions, or would like additional information on the updated LTVs, please contact the Collateral Department.