John R. Buran Re-Elected FHLBNY Chairman – NMP Skip to main content

John R. Buran Re-Elected FHLBNY Chairman

Nov 22, 2019
The board of directors at the Federal Home Loan Bank of New York (FHLBNY) has re-elected John R. Buran as chairman for a two-year term that will begin on New Year’s Day

The board of directors at the Federal Home Loan Bank of New York (FHLBNY) has re-elected John R. Buran as chairman for a two-year term that will begin on New Year’s Day.
 
The board of directors at the Federal Home Loan Bank of New York (FHLBNY) has re-elected John R. Buran as chairman for a two-year term that will begin on New Year’s DayBuran, who is president and CEO of Flushing Financial Corp. and Flushing Bank in Queens, N.Y. He has served on the FHLBNY's board as a member director since Dec. 1, 2010. His first terms as board chairman began Jan. 1, 2018. Buran is also the past chairman and a current board member of the New York Bankers Association, and from 2011 to 2016 he was a member of the Community Depository Institutions Advisory Council of the Federal Reserve Bank of New York.
 
"The FHLBNY is a vital partner for our 327 members, and this partnership plays an important role in improving housing opportunities and driving community development across New York, New Jersey, Puerto Rico and the U.S. Virgin Islands," said Buran. "I am honored to continue to serve as chairman of the board of the cooperative. I thank my fellow directors for their continued trust in me, and I thank both the board and management for their continuing contributions to ensure that the FHLBNY remains a reliable partner to our members and the communities we all serve."

 
About the author
Published
Nov 22, 2019
CFPB Tells Lenders Immigration Status Can Factor Into ATR Analysis

CFPB frames immigration status as a potential ability-to-repay factor when future U.S.-based income is at risk

UAD 3.6 Deadline Nears; First American Earns Verification

First American's ACI Sky Workbench gains verification ahead of the Nov. 2 implementation date for the GSEs' updated appraisal reporting requirements

MISMO Introduces New Loan Boarding Standard

Wrapper Files support standardized data transfers between origination and servicing systems, with potential savings of $60 to $160 per loan

The GLBA Compliance Gap Your AI Deployment Just Opened

Old statutes, new models, and the vendor contract you signed before machine learning became operational

FHA Keeps Tri-Merge Credit Reports While Expanding Approved Scoring Models

HUD says FHA lenders will continue using three-bureau credit reports even as the agency adopts newer scoring models aimed at increasing competition and modernizing mortgage underwriting

House Passes Amended 21st Century Road To Housing Act

The House version softens a controversial provision aimed at large institutional investors