Bulletins

March 19, 2025

Changes to Pledging Income Producing (IP) Commercial Loan as Collateral

Beginning on April 1, 2025, the Federal Home Loan Bank of New York (FHLBNY) will implement the following changes regarding the pledging of Income Producing (IP) commercial loan collateral:

Members will be required to report the Debt Service Coverage Ratios (DSCRs) for all pledged IP loans originated on or after January 1, 2025. Any loans missing its DSCR will not be included towards your borrowing capacity.

Loans with a DSCR less than 0.8x will be ineligible to pledge. IP loans assessed during collateral reviews that have DSCR’s under 0.8x will be deemed ineligible and removed from your collateral pool.

These changes were made to further strengthen the FHLBNY’s collateral practices. For more information on the FHLBNY collateral requirements, please refer to the Member Products Guide, which can be found in the in the ‘Manuals and Guides’ section of 1Link®.

We value your partnership and remain committed to further strengthening our cooperative. If you have any questions, please contact your Relationship Manager at (212) 441-6700.

03/31/2025	Coming Soon: Open Nomination Period for FHLBNY's Affordable Housing Advisory Council – For Service Beginning in 2026
03/19/2025	Changes to Pledging Income Producing Commercial Loan as Collateral
03/06/2025	Amendments to the FHLBNY Capital Plan (Effective April 7, 2025)
02/19/2025	Notice of FHLB Members Selected For Community Review (Effective February 20, 2025)
02/06/2025	2025 Update to the Member Products Guide
12/30/2024	Frequent Collateral Shortfall Activity
10/08/2024	Additional funding has been added to the 0% Development Advance (ZDA) Program
08/30/2024	2024 Update to the Member Products Guide
07/22/2024	The 2024 Small Business Recovery Grant Program
06/03/2024	FHLBNY Affordable Housing Advisory Council Open Nomination Period – For 2025 Service
04/30/2024	Update to Forward Starting Advances
03/21/2024	2024 Update to the Member Products Guide (March 2024)
01/25/2024	2024 Update to the Member Products Guide & Correspondent Services Manual
01/02/2024	Introducing HDP® Plus from the FHLBNY
10/30/2023	Coming Soon: The 2023 Small Business Recovery Grant Program
10/26/2023	Municipal Bonds are Now Eligible Collateral
10/17/2023	2023 FHLBNY Board Elections Are Underway
10/05/2023	Update to the Member Products Guide & Correspondent Services Manual
09/11/2023	Introducing a New URL to Access Your FHLBNY Systems
08/23/2023	Price Incentives for Advances Executed Before Noon - Starting Tuesday, September 5, 2023
07/05/2023	FHLBNY Affordable Housing Advisory Council Open Nomination Period – For 2024 Service
06/30/2023	2023 Update to the Member Products Guide
06/05/2023	Coming Soon: Expansion of Our 0% Advance Offerings
02/22/2023	Notice of FHLB Members Selected For Community Review (Effective February 23, 2023)
01/20/2023	2023 Update to the Member Products Guide & Correspondent Services Manual
11/16/2022	Prepare for the 1Link Migration in December 2022
09/28/2022	2022 Update to MPG & CSM: Member Products Guide & Correspondent Services Manual
09/23/2022	Reintroducing Putable Advances, Fixed-Rate Advances with SOFR Cap and ARC Advances with Cap/Floor
07/05/2022	FHLBNY Affordable Housing Advisory Council Open Nomination Period
06/24/2022	Amendment to the FHLBNY Capital Plan Appendix Effective August 1, 2022
04/07/2022	Wire Transfers Migration to 1Link-IPR
01/24/2022	FHLBNY Announces Enhancements to the Rebate Program for Advances
01/03/2022	2022 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual
12/03/2021	Updates to the 2022 Fee Schedules
08/24/2021	Important Announcement for Community Lending Programs Users
07/28/2021	An Enhancement to our Callable Adjustable Rate Credit Advance (Callable ARC)
07/20/2021	RSA SecurID® for 1Link-IPR Coming Soon
07/14/2021	Important Announcement Regarding the Upcoming FHLBNY Homepage Update
07/02/2021	FHLBNY CICA Disaster Relief Funding Update
04/14/2021	Enhancements to the Refundable Municipal Letter of Credit for Members Participating in the New Jersey Department of Banking and Insurance GUDPA Program
03/01/2021	Notice of FHLB Members Selected For Community Review (Effective March 1, 2021)
02/10/2021	FHLBNY Capital Stock Purchase Requirement for Letters of Credit (Effective March 1, 2021)
02/10/2021	2021 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual
12/03/2020	2020 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual
09/02/2020	Amendments to the FHLBNY Capital Plan (Effective October 2, 2020)
07/30/2020	FHLBNY CICA Disaster Relief Funding: Eligibility Expansion
05/15/2020	Update to the Member Products Guide
06/01/2020	Enhancements to the Refundable MULOC Product
04/23/2020	FHFA Provides Guidance on PPP Loans
01/03/2020	1Link® Migration: Phase I - Interim Portal Roll-out
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Bulletins

Changes to Pledging Income Producing (IP) Commercial Loan as Collateral

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