November 28, 2018
Updates to the 2019 Fee Schedules
In our continued effort to provide excellent service to our Members and maintain our focus on the core business of providing liquidity we are pleased to announce further streamlining of ancillary fees. Effective January 1, 2019, the Federal Home Loan Bank of New York (FHLBNY) is eliminating the following fees:
All Mortgage Loan Vault Submission fees, which includes:
Co-operative Share Loans
Residential Mortgage Loans – 1st and 2nd Liens
Multi Family & Commercial Real Estate Mortgage Loans – 1st and 2nd Liens
Securities Held at the Fed fees
Letter of Credit Draw fees
Pass-Through Reserves fees
All other fees remain unchanged.
If you have any questions about the FHLBNY’s fees please contact your Relationship Manager at (212) 441-6700 or the Member Services Desk at (800) 546-5101, option 1.
You can access the Fee Schedules by signing on to 1Link® and clicking on the ‘Manuals and Guides’ tab.
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