Current News

Last updated

 

Updates:

Announcements & Reminders:

 

HLB Bulletin No. 002:
Revisions to Collateral Guidelines

Revisions were made to our collateral guidelines for residential mortgage collateral and various securities collateral types.

 

SEC EDGAR Filing Information

The Form 10-K for the year ending December 31, 2007 is now available.

 

Spring Edition of the MPF Connection Now Available

MPF Power Breakfast Recap – Perspectives From Two Pioneer MPF Program Participants, HLB Dividend Update...more

 

 

Upcoming Events:

 

5/28-6/1:  NJ League of Community Bankers 100th Annual Convention

6/11-6/13:  NYBA Senior Management Conference

 

 

Free MPF® Online Workshops

5/13:  Underwriting Workshop

5/16:  Delinquency Management Workshop: Part 2 of 2

5/29:  Investor Reporting

6/2:  Turnaround Report (TAR) and Account Reconciliation

6/9:  Understanding and Reviewing Condominium Appraisals

 

 

FHC Enrollment Period Deadline: July 21, 2008

Members may enroll households for the Second Enrollment Period in 2008...more

 

FHC Enhancements

Grants increased to $7,500, match savings ratio now 4:1; and new subsidy for approved not-for-profit housing advocacy agencies...more

 

New "Global Authorization Form"

Process Improvement: The HLB now has a new single user form to replace five Signature and Authorization forms...more

 

 

New Products & Promotions:

 

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...more

 

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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