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President's Report - 7/31/2008

Board Approves Second Quarter Dividend of 6.50%; Unaudited Second Quarter Results; 2008 Election of Directors of the HLB; Housing and Economic Recovery Act of 2008 Signed Into Law...more

 

FHLBNY Awards $20.21 Million for 41 Affordable Housing Initiatives

These awards, which are funded through the FHLBNY’s Affordable Housing Program, will result in the creation of 2,114 housing units...more

 

Jay M. Ford Named to the FHLBNY Board of Directors

The Board of Directors of the FHLBNY announced today that Jay M. Ford has been elected, effective as of June 19, 2008, to the Board...more

 

HLB Advantage

HLB funding and advance pricing strategies in changing environments...more

 

No Crunch On Mortgages at Member Lenders For Qualified Borrowers

As many mortgage lenders tighten loan underwriting standards and interest rates on jumbo mortgages rise, consumers may be able to find a friend through community lenders in New Jersey, New York, Puerto Rico, and the US Virgin Islands by picking a FHLBNY member lender.

 

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