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Article: Mortgage loans acquired by the 123 New York member institutions reached a new high for the month of September, according to the Federal Home Loan Bank of New York.
- Article from:
- PR Newswire
- Article date:
- November 18, 1986
CopyrightCOPYRIGHT 1986 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Nov. 18 /PRNewswire/ -- Mortgage loans acquired by the 123 New York member institutions reached a new high of $1.9 billion for the month of September -- a 90 percent increase over the previous September record of $1.0 billion established one year ago, the Federal Home Loan Bank of New York announced here today.
Mortgage loan volume for the first nine months of 1986 amounted to $13.2 billion, a 59 percent increase over the previous nine-month record tally of $8.3 billion, established just last year.
Due to the entry of a large member institution into the Bank district at the end of August, total assets grew by $5.1 billion in September to ...