Current News
Last updated
Site Updates: |
Announcements & Reminders: |
6/30: President's Report: At the Bank
6/12: MPF Connection: Summer 2009
5/6: Affordable Housing Advisory Council 2008 Annual Report
Upcoming Events:
MPF® Industry Workshops: The HLB is offering FREE educational workshops for the Mortgage Partnership Finance® Program.
7/9: eMPF Transaction Training 7/10: Underwriting Workshop 7/20: Advanced Appraisal Analysis
8/2-5: Credit Union Association of New York — Convention 2009
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6/19: MPF® Industry Workshops for 3Q 2009 are now available
5/15: The Form 10-Q for March 31, 2009 is now available
Upcoming Deadlines 7/20: FHC Second Enrollment Period
New Products & Promotions:
On June 1, the FHLBNY launched a new letter of credit product that is more flexible in collateralizing municipal transaction accounts, whose balances fluctuate over time.
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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