News

Eppli appointed director at Federal Home Loan Bank of Chicago

 

January 12, 2012

Mark Eppli, professor of finance and the Robert B. Bell Sr. Chair in Real Estate at Marquette University, has been appointed to be an independent director at the Federal Home Loan Bank of Chicago. Eppli, who also serves as director of the Center for Real Estate in the College of Business Administration, will serve on the board of the Federal Home Loan Bank of Chicago until Dec. 31, 2013.

“I am delighted to have been identified and selected for this position,” Eppli said.

Co-author of Real Estate Development Principles and Process, Eppli has served as a consultant to numerous finance, real estate and government entities. A board member of the Real Estate Research Institute, he studies shopping center economics, single-family house pricing, commercial mortgage default, new urbanism, smart growth and commercial real estate development.

"The mix of new and returning professionals to the board is exciting as we build on our recent successes and plan for a profitable future focused on our members," said Matt Feldman, president and CEO of the bank.

The Federal Home Loan Bank of Chicago is a $73 billion wholesale bank serving the needs of member housing finance institutions located in Illinois and Wisconsin. The bank’s mission is to partner with member shareholders to provide them competitively priced funding, a reasonable return on their investments and support for community investment activities.

The U.S. Congress created the Federal Home Loan Bank System, which includes 12 Federal Home Loan Banks, in 1932 to promote housing finance, but the Banks are wholly owned by their member institutions.