Educational Resources by "Member Services"

General Article Eligibility of Pledged Loan Collateral FAQs This FAQ provides information solely for maintaining the eligibility of loans for borrowers provided payment relief by members in the current economic environment. Member Services Video/Webinar System Video: Accepting eNotes This year, the System is accepting eNotes as pledged collateral. View a detailed description of the steps your institution will need to take to prepare to accept certain types of mortgage collateral. Member Services Video/Webinar What Is an eNote? The overview of eNotes, provided by the Federal Home Loan Bank System. Member Services Video/Webinar System Webinar: Understanding eNotes The requirements and guidelines of eNotes from FHLB Des Moines, Understanding eNotes Webinar. Member Services Article eNote Myth versus Fact FHLB Des Moines accepts residential mortgage eNotes as collateral. How familiar are you with eNotes? Test your knowledge now. Advances Article Eligibility Spotlight: Shared Collateral Rights Critical to successful collateral management at both wholesale and retail levels is the awareness of which creditor has rights to what collateral. This is a common risk management issue both for our members and for the Federal Home Loan Bank of Des Moines. Advances Article Material Adverse Events: When and How to Report Natural  disasters like flooding, tornados and hurricanes, and other material adverse events can happen without a moment's notice. If such an occurrence impacts a member's pledged collateral or ability to repay outstanding exposure, it is required to notify FHLB Des Moines in a timely manner. Advances Case Study Increasing Advance Capacity: A Member Success Story Member Collateral Verification (MCV) reviews can be an excellent opportunity for members to improve their advance capacity. Sheilah Stoneback, Credit Analyst at One American Bank in Sioux Falls, South Dakota, shares how her team was able to increase their advance capacity by 50 percent. General Article Common Causes of Loan Ineligibility Each year, FHLB Des Moines assesses the causes of loan ineligibility from Member Collateral Verifications (MCVs) in the prior year. The primary causes tend to be the same matters, notably: loan coding and title work. Together, the above two matters account for nearly 1/3rd of ineligible loans. Member Services Video/Webinar Policies, Procedures and Legal Agreements Identify, pledge and manage eligible collateral using the information in this on-demand webinar.