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Federal Home Loan Banks and the MERS® eRegistry

The 11 Federal Home Loan Banks are paving the way for its members to pledge eNotes as eligible collateral. As member‐owned cooperatives, the Federal Home Loan Banks understand the value and benefits that eNotes provide. Each individual FHLBank has its own systems, processes, and policies regarding collateral, and implementation timelines of accepting eNotes as collateral will vary.

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