Associated tags: Federal Home Loan Banks, Bank, Congressional Award, Uncertainty, Projection, Nature, Housing
Locations: PHILADELPHIA, JAMAICA, HARTFORD, CONNECTICUT, FORT LEE, TEXAS, NEW YORK, NY, US, PUERTO RICO
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Thursday, November 21, 2019
NEW YORK, Nov. 21, 2019 /PRNewswire/ --The Federal Home Loan Bank of New York ("FHLBNY") announced today that John R. Buran has been re-elected by its Board of Directors ("Board") to serve as the Board's chairman for a two-year term that will commence on January 1, 2020.Mr.
Key Points:
- NEW YORK, Nov. 21, 2019 /PRNewswire/ --The Federal Home Loan Bank of New York ("FHLBNY") announced today that John R. Buran has been re-elected by its Board of Directors ("Board") to serve as the Board's chairman for a two-year term that will commence on January 1, 2020.Mr.
- Buran is past Chairman and current Board member of the New York Bankers Association.From 2011 to 2016, he was a member of the Community Depository Institutions Advisory Council of The Federal Reserve Bank of New York.
- The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank.
- It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks.
NEW YORK, Nov. 8, 2019 /PRNewswire/ --The Federal Home Loan Bank of New York ("FHLBNY") announced today the results of the 2019 election for four positions on the FHLBNY's Board of Directors whose terms will each commence on January 1, 2020.
Key Points:
- NEW YORK, Nov. 8, 2019 /PRNewswire/ --The Federal Home Loan Bank of New York ("FHLBNY") announced today the results of the 2019 election for four positions on the FHLBNY's Board of Directors whose terms will each commence on January 1, 2020.
- Both currently serve on the FHLBNY's Board, and their current terms expire on December 31, 2019.
- The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank.
- It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks.
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Wednesday, September 25, 2019
NEW YORK, Sept. 25, 2019 /PRNewswire/ -- Jos R. Gonzlez, president and CEO of the Federal Home Loan Bank of New York, announced that the Bank has awarded $45.8 million in subsidies to fund 45 affordable housing initiatives throughout New Jersey, New York, Connecticut, Illinois, Maryland and Pennsylvania.
Key Points:
- NEW YORK, Sept. 25, 2019 /PRNewswire/ -- Jos R. Gonzlez, president and CEO of the Federal Home Loan Bank of New York, announced that the Bank has awarded $45.8 million in subsidies to fund 45 affordable housing initiatives throughout New Jersey, New York, Connecticut, Illinois, Maryland and Pennsylvania.
- The awards will not only help provide housing, but also drive community development: it is anticipated that more than $890 million in housing investment will result from the development of these initiatives.
- The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank.
- It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks.
In total, four Directorships two seats representing the FHLBNY's New York members, and two Independent Directorships representing the whole District are up for election in 2019.
Key Points:
- In total, four Directorships two seats representing the FHLBNY's New York members, and two Independent Directorships representing the whole District are up for election in 2019.
- The FHLBNY's official Certificate of Nomination was included in the communication sent to New York members on June 28, 2019.
- The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank.
- It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks.
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Tuesday, February 12, 2019
Economy,
Mortgage industry of the United States,
Financial services,
Finance,
Loans,
Bank,
Banking,
Economic history of Italy,
Mortgage loan,
Federal Home Loan Banks,
Federal Reserve NEW YORK, Feb. 12, 2019 /PRNewswire/ --The Federal Home Loan Bank of New York ("FHLBNY") is pleased to announce that, on February 25, 2019, it will begin accepting applications for its 2019 Round of Affordable Housing Program ("AHP") grant funding.
Key Points:
- NEW YORK, Feb. 12, 2019 /PRNewswire/ --The Federal Home Loan Bank of New York ("FHLBNY") is pleased to announce that, on February 25, 2019, it will begin accepting applications for its 2019 Round of Affordable Housing Program ("AHP") grant funding.
- The FHLBNY is also pleased to announce its Homebuyer Dream Program, which will provide down-payment and closing cost assistance to low- and moderate-income first-time homebuyers.
- It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks.
- The Federal Home Loan Banks support the efforts of local members to help provide financing for America's homebuyers.
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Thursday, December 6, 2018
Mr. Romaine fills the New York Member seat left vacant by Monte N. Redman, who left the Board in May 2018.
Key Points:
- Mr. Romaine fills the New York Member seat left vacant by Monte N. Redman, who left the Board in May 2018.
- "Mr. Romaine and Mr. Kilbourne will make outstanding additions to our Board," said John R. Buran, chairman of the FHLBNY.
- The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank.
- It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks.
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Monday, November 19, 2018
NEW YORK, Nov. 19, 2018 /PRNewswire/ -- Jos R. Gonzlez, president and CEO of the Federal Home Loan Bank of New York, announced that the Bank has awarded $44.3 million in subsidies to fund 49 affordable housing initiatives throughout New Jersey, New York, Puerto Rico, North Carolina, Ohio and Pennsylvania.
Key Points:
- NEW YORK, Nov. 19, 2018 /PRNewswire/ -- Jos R. Gonzlez, president and CEO of the Federal Home Loan Bank of New York, announced that the Bank has awarded $44.3 million in subsidies to fund 49 affordable housing initiatives throughout New Jersey, New York, Puerto Rico, North Carolina, Ohio and Pennsylvania.
- These awards are funded through the Bank's Affordable Housing Program ("AHP"), and will result in the creation or rehabilitation of 3,012 affordable housing units, including 2,012 units dedicated to very low-income housing.
- "At the Federal Home Loan Bank of New York, our housing mission is central to both our business and our culture," said Mr. Gonzlez.
- The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank.
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Friday, November 16, 2018
"We are fortunate to have Larry continue in his role as vice chairman of the Board," said Jos R. Gonzlez, president and CEO of the FHLBNY.
Key Points:
- "We are fortunate to have Larry continue in his role as vice chairman of the Board," said Jos R. Gonzlez, president and CEO of the FHLBNY.
- Mr. Thompson currently serves as the vice chairman of the Board, a position he has held since January 1, 2018.
- Mr. Thompson is vice chairman of The Depository Trust & Clearing Corporation ("DTCC") and chairman of the board of DTCC Deriv/SERV LLC.
- The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank.
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Thursday, November 8, 2018
NEW YORK, Nov. 8, 2018 /PRNewswire/ --The Federal Home Loan Bank of New York ("FHLBNY") announced today the results of the 2018 election for five positions on the FHLBNY's Board of Directors whose terms will each commence on January 1, 2019.
Key Points:
- NEW YORK, Nov. 8, 2018 /PRNewswire/ --The Federal Home Loan Bank of New York ("FHLBNY") announced today the results of the 2018 election for five positions on the FHLBNY's Board of Directors whose terms will each commence on January 1, 2019.
- Mr. Nasca currently serves on the FHLBNY's Board, and his current term expires on December 31, 2018.He is president and CEO of Evans Bank, N.A.
- The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank.
- It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks.
NEW YORK, June 29, 2018 /PRNewswire/ -- The Federal Home Loan Bank of New York ("FHLBNY") is now soliciting nominations for candidates to serve on its Board of Directors ("Board") for terms commencing on January 1, 2019, the FHLBNY announced in a letter sent to its members on June 29, 2018.
Key Points:
- NEW YORK, June 29, 2018 /PRNewswire/ -- The Federal Home Loan Bank of New York ("FHLBNY") is now soliciting nominations for candidates to serve on its Board of Directors ("Board") for terms commencing on January 1, 2019, the FHLBNY announced in a letter sent to its members on June 29, 2018.
- "I encourage all of our members to participate in the election process," said Jos R. Gonzlez, president and CEO of the FHLBNY.
- The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank.
- It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks.
