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The US established Federal Home Loan Banks almost a century ago to make it easier for people to buy a home. Although these institutions have billions of dollars to lend, many people are still struggling to get approved for a mortgage. Bloomberg’s Heather Perlberg and Noah Buhayar join this episode to talk about why that is—and what’s being done to fix it. 

Read more: Flawed US Home-Loan System Neglects the Buyers Who Need It Most

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Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.This episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Mo Barrow, Michael Falero, Editor: Caitlin Kenney. Sound Design/Engineer: Raphael Amsili.

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