Tag Archives: Federal Home Loan Bank of New York

In a recent announcement, the Federal Home Loan Bank of New York reported the second highest annual award amount in the bank’s Affordable Housing Program history—which will result in creation or rehabilitation of nearly 2,900 housing units.

The Federal Home Loan Bank of New York this week announced that it will partner with Atlanta-based mortgage clearing house Mortgage Asset Exchange (MAX Exchange) to launch a pilot program that will allow certain FHLBNY members to sell conforming and jumbo residential whole loan mortgages on an open exchange platform.