The Federal Home Loan Banks of Atlanta, Cincinnati, Indianapolis, Pittsburg, and Seattle play a crucial role in providing funding, community lending, and other banking services to meet their communities’ credit needs, expand housing opportunities, and drive economic development. As part of a national network of more than 7,700 financial institutions and 12 District Banks, they support community-based financial institutions nationwide by offering loans and essential services.

To enhance operational efficiency, these Federal Home Loan Banks required a web-based system to automate contracting, purchasing, and tracking the delivery of mortgages from their member banks, credit unions, and other financial institutions. This solution aimed to streamline processes, improve accountability, and ensure timely mortgage delivery across their vast network.

The Federal Home Loan Banks are reaping significant benefits from a sophisticated system that expertly manages over $40 billion in mortgages. This intricate solution grants Participating Financial Institutions real-time access generates timely and actionable reports, tracks and analyzes loans comprehensively, and automatically validates information against stringent mortgage industry standards.

By automating complex tasks and ensuring compliance, this user-friendly platform not only saves valuable administrative time but also reduces costs and boosts overall productivity. The enhanced efficiency allows both FHLBs and their PFIs to focus on strategic priorities and improved customer service, reinforcing the system’s value as a critical asset in managing large-scale mortgage operations.