Three New Members at FHLBank Pittsburgh – NMP Skip to main content

Three New Members at FHLBank Pittsburgh

Jan 02, 2019

The Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) has welcomed three new members in the second half of 2018.
 
Joining the FHLBank Pittsburgh are Morristown, N.J.-headquartered Arch Reinsurance Co.; Community Powered Federal Credit Union in Bear, Del.; and Technology Insurance Co. Inc., a wholly owned subsidiary of AmTrust Financial Services Inc. The new members now have access to the FHLBank’s suite of financial services, including loans which may be used for community development lending, asset/liability management and general funding.
 
“We are pleased to continue adding to the diversity of our cooperative,” said Winthrop Watson, President and CEO at FHLBank Pittsburg. “We welcome these new members into the Bank and look forward to serving their liquidity, housing finance and community lending needs.”
 
About the author
Published
Jan 02, 2019
ROAD Act’s Housing Incentive May Be Too Small To Move Supply

Realtor.com finds the median city risks losing only about $84,000, although the policy could carry more weight in supply-starved Northeast and Midwest markets

CRA Proposal Could Reshape Bank Lending And Affordable Housing Investment

The OCC and FDIC would put more weight on lending while easing community development requirements for hundreds of banks

Fannie Mae AI Governance Deadline Arrives Aug. 6

Seller/servicers using artificial intelligence in origination or servicing must have formal policies, oversight, and vendor controls in place

Condo Review Deadline Puts Lenders On The Clock

Fannie Mae and Freddie Mac will eliminate abbreviated project reviews for condo applications dated on or after Aug. 3

TRUE Releases AI Governance Guide Ahead Of Fannie Mae Deadline

Guide focuses on tracing mortgage data from borrower documents through AI validation, human review, and final LOS entry

AD Mortgage Warns Condo Eligibility Changes Could Restrict Conventional Financing

Wholesale lender cites internal loan data to urge regulators to monitor whether new condominium eligibility standards reduce access to conventional financing