President's Report

At the Bank

July 1
The month of June brought with it a number of key housing reports which, when taken together, capture the volatility in the market. On Monday, June 22, the National Association of Realtors reported that existing home sales increased by 5.1 percent in May 2015,...more

At the Bank

June 1
On May 21, your Board of Directors approved a dividend for the first quarter of 2015 of 4.10 percent (annualized). The dollar amount of this dividend was approximately $56.0 million, and it was distributed to our members the following day. As the chart below...more

Prior Issues

Press Releases

FHLBNY Announces Second Quarter 2015 Operating Highlights

July 29
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended June 30, 2015.    “Twenty-five years ago this month, the first Affordable Housing Program...more

Prior Releases

Bulletins & Memos

FHLBNY Members Selected for Community Support Review

June 29
Notice of Federal Home Loan Bank Members Selected for Community Support Review The Federal Housing Finance Agency (“FHFA”) has issued a final rule amending its community support regulation, 12 CFR Part 1290. This regulation requires that Federal Home...more

Prior Issues

FHLBNY Advantage

How the Mortgage Partnership Finance® (MPF®) Program
Can Enhance Fee Income and Manage Interest Rate Risk

June 2015
As we proceed in this prolonged low-rate environment, members are keeping a close eye on the direction of both long-term and short-term interest rates....more

Prior Issues

Announcements & Reminders

There are no Announcements or Reminders at this time.

Upcoming Events

August 4
MPF Workshop: Avoiding the 10 Most Common Underwriting Oversights

August 5
MPF Workshop: MGIC Presents: Fact, Fiction, and FICOs