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Federal Home Loan Bank of Ny

Bank Of America Minority Home Loan Settlement - $335 Million

Bank Of America has agreed on a $335 million dollar settlement after claims that it's Countrywide Financial unit gave higher interest rate ...

M&T Bank offers first home club with grants

The First Home Club was launched by the FHLBNY in 1995 to offer an incentive for households with incomes at or below 80 percent of their area median income to save towards the purchase of a new home. Program participants have between 10 to 18 months to reach their savings goal, and also complete a required homeownership education course through an approved not-for-profit counseling agency. Further information on the program is available on M&T Bank’s web site .

M&T, which operates 97 retail bank branches in New Jersey, also offers its own proprietary mortgage subsidy program allowing qualifying homebuyers who are purchasing or refinancing properties in certain targeted neighborhoods within 12 New Jersey counties to receive assistance that can exceed $10,000.

M&T Bank Corp. (NYSE:MTB)(“M&T”) is a financial holding company headquartered in Buffalo, New York. M&T’s principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia. Trust-related services are provided by M&T’s Wilmington Trust-affiliated companies and by M&T Bank.

Dime Community Bancshares, Inc. (NASDAQ:DCOM) Short Interest Up by 0.11% – Currently Trading Up

Traders are more bearish lately if you pay attention to the uptick in short interest. The stock experienced a rise in short interest of 0.11% as of April 28, 2017 from the last reporting period. Short shares grew from 689,044 to 762,378 over that period. With short interest at 762,378 and short average daily volume at 194,218, days to cover is 3.9 and the percentage of shorted shares is 0.02% as of April 28.

There has been some selling insider activity on Dime Community Bancshares, Inc. (NASDAQ:DCOM) recently. PRESIDENT AND CEO Kenneth J. Mahon sold 7,721 shares at an average price of $19.34 on Mon the 1st. The PRESIDENT AND CEO now owns $506,205 of the stock as recorded in a recent Form 4 SEC filing. EVP Lance Bennett let go of 1,219 shares at an average price of $19.34 on Mon the 1st. That brings Bennett’s holdings to $63,590 as reported to the SEC.

Michael Pucella, EXECUTIVE VICE PRESIDENT reported the sale of 2,012 shares of (DCOM). The shares were sold on May 1st for an average price of $19.34. Pucella now owns $190,074 of the stock according to the SEC filing.

Why did Bush ask/order fannie mae to make 440 BILLION in home loans to minorities in 2002?

I keep seeing the same lies being posted by republicans.
The govt can not force a bank to make a risky loan.
Republicans controlled congress 12 years from Jan 1995 to Jan 2007. They write or change the laws that banks have to follow.


Are you crazy.......He did not. That was all the Democrats doing. Check out what Maxine Waters said when Bush wanted oversight of FM&FM. Don't be so stupid. Research it.