Current News

Last updated

 

Site Updates:

Announcements & Reminders:

 

9/30: President's Report — At the Bank

 

9/25: Revised Delivery of Mortgage Collateral Procedures now available

 

9/10: MPF Connection— Fall 2008

 

9/3: New FAQs section is now available

 

8/29: Press Release — FHLBNY Awards $20.21 Million for 41 Affordable Housing Initiatives in New Jersey and New York

 

8/25: HLB Advantage — Update on HLB Advance pricing

 

 

Upcoming Events:

 

MPF® Industry Workshops:  

The HLB is offering FREE educational workshops for the Mortgage Partnership Finance® Program.

 

 

10/6: Understanding and Reviewing Appraisals

10/9: eMPF Transaction Training

 

9/22-24: NJ Bankers Association & NJ League of Community Bankers -
Joint Senior Management Conference

10/6-8: Credit Union Association of New York - Convention 2008

 

 

9/26: Expanded Parameters of the FHLBNY Fixed-Rate Advance Program

 

9/8: MPF® updated its Anti-Predatory Lending Category

 

8/14: The Form 10-Q for June 30, 2008 is now available

 

7/18: File Transfer Service Upgrade and Enhancements, Effective July 25, 2008

 

Deadlines:

10/1: Second Round 2008 Affordable Housing Program closes

 

 

New Products & Promotions:

 

Member Loan Connection

MLC service provides a communication exchange between our community-based member lenders who would like to sponsor or invest in loan participations with other HLB members.

 

Principal-Deferred Advance: One Part Fixed, One Part Amortizing

Members can enjoy the benefits of both advances. The PDA was designed to help members manage through an uncertain interest-rate environment.

 

OLOCs are Still on Sale Through 1Link

Use 1Link to process OLOC borrowings and save 2 bps off the posted rate.

 

 

 

 
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