FHLBNY Advantage

It’s 2014 – Do You Know Who Your Local Real Estate Agents Are?

May 2014
Since the refinance boom came to an abrupt halt last summer
with a rapid rise in long-term fixed-rate mortgage rates, our
members have found it to be increasingly difficult to generate
mortgage production....more

› Prior Issues

MPF Connection

MPF^® Advisory Council Members Share their MPF Program Experience

Volume 8 | Issue 17
The Mortgage Partnership Finance^® (MPF) Program’s unique credit sharing arrangement rewards community lenders for the job they do best — originating and underwriting loans based on the ability of the borrower to repay the loan...more

› Prior Issues

Community Investment News

Community Investment News

June 10
Congressman Gregory W. Meeks (NY-6), pictured here with FHLBNY Director Rev. Edwin C. Reed presenting an Affordable Housing Program grant to Calvary Baptist Church of Jamaica New York, kicked off the FHLBNY’s 2012 round of Affordable Housing Program funding....more

› Prior Issues

Industry Publications

Letters of Credit Gain Momentum as an Alternate Means to Secure Public Deposits

When depositing a significant amount of public funds with a financial institution, municipalities understandably require these deposits to be properly secured. Municipalities have customarily requested financial institutions to collateralize their deposits with...more

› Other Industry Publications