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Arcuri Visits Rescue Mission of Utica
March 29, 2010: Congressman Arcuri visited the Rescue Mission of Utica to highlight $700,000 in federal funding he helped secure for renovations of the Parker House emergency shelter for homeless men through the Federal Home Loan Bank of New York's Affordable Housing Program. This grant will help the Rescue Mission, which has been operating beyond capacity 90 percent of the time, add more beds and help more of those in need. This story originally aired on YNN on March 29, 2010.
From: RepArcuri
Related topics : federal home loan bank of new york
The New York Fed Visits Small Businesses (April 2011)
Many small businesses continue to struggle even though the recession has officially ended. According to the 2010 FRBNY Small Business Finances Poll, conducted in August 2010, 75 percent of regional firms reported being unable to secure all the credit that they sought.
The most recent poll findings show how small businesses are financing their operations: 68 percent included bank credit as one of their top-three sources of financing. However, notable changes occurred between 2008 and 2010:...
From: TheNewYorkFed
Related topics : federal loan bank of new york / loan small business
Ross K. Urken--How You Can Hack Away at That Massive Student Loan Debt #2579
There are several ways to fix student loan debt problems. None of them could be defined as “quick.”
According to a report released by the Federal Reserve Bank of New York in February, student loan debt has climbed to $1.16 trillion. While still a distant second to U.S. mortgage debt ($8.17 trillion), it now exceeds the total value of every U.S. car loan ($955 billion), all credit card debt ($700 billion) and all home equity loans ($510 billion). It's also just shy of all the money ($1.3...
From: FSN GoldandSilver
Related topics : student loan debt credit card / mortgage student loan debt / federal home loan bank of new york / new york home equity loan
MoneyWatch: Bank settles mortgage-loan case; Age group's cuts hit economy
A New York-based bank has agreed to pay a multimillion-dollar settlement to resolve allegations that it knowingly certified mortgage loans that violated federal rules. Also, a decline in spending by one age group is costing the U.S. economy billions, according to a new poll. Marlie Hall reports on the day's top MoneyWatch headlines.
From: CBS News
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Fourteen Defendants Charged in White Plains Federal Court with Massive Mortgage Fraud Conspiracy
NEW YORK, NY - Preet Bharara, the United States Attorney for the Southern District of New York, and George Venizelos, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation ("FBI"), and Carl E. DuBois, the Sheriff of Orange County, today announced the unsealing of an Indictment (the "Indictment") charging 15 defendants, including 14 defendants with conspiracy to commit bank fraud and wire fraud in connection with mortgages and other loans secured by...
From: USAOSDNY
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College Debt Reaches 1 Trillion
According to the Federal Reserve Bank of New York, Americans owe more than a trillion dollars in student loans. It's a staggering figure, considering that the US Census Bureau reported in 2010 that the combined credit card debt for this country is only 886 billion dollars, so student loans take the top category as the source of the most debt for the average American. We'll take a look at how we got here.
From: TheAlyonaShow
Related topics : student loan debt credit card / federal loan bank of new york
The Federal Reserve caused the 700 billion dollar bailout and economic crash
Part 2 http://www.youtube.com/watch?v=WjGy9gjcoIo
The federal reserve caused the 700 billion dollar bailout. Share this video with everyone you know. The Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn,Loeb & Co. were the firms which set up the Jekyll...
From: Marcus Riley
Related topics : federal loan bank of new york
FICO & Bethpage Federal Credit Union - Analytics and Scores Drive Better Origination Decisions
Ever wonder how Bethpage Federal Credit Union wins against big banks by delivering more for members?
Bethpage Federal Credit Union (BFCU) serves Long Island, New York with a full range of banking products, including checking, savings, credit cards, mortgages and loans.
Bethpage is committed to open communication with members about financing needs and to stay competitive with other credit unions and banks. Bethpage explains why they’ve chosen to work with FICO and Fair Isaac Advisors to...
From: FICOTechTalk
Related topics : credit union loan mortgage / federal loan bank of new york
Student Loan Debt and Buying a House
Crushing student loan debt is making it harder for some Americans to buy a house. With the cost of a college education growing much faster than average salaries and inflation rates, it's no wonder families are struggling to participate in the housing market as early as they'd like. Student loan debt is usually considered a good investment in the future -- but new data confirms it's one that can come at the expense of other important goals.
A study by the Federal Reserve Bank of New York shows...
From: ExpertRealEstateTips
Related topics : mortgage student loan debt / federal loan bank of new york
Bigger mortgage settlements could be on horizon: N.Y. attorney general
JP Morgan Chase will pay $13 billion in a settlement with the U.S. Justice Department for its misdeeds in the financial meltdown. New York Attorney General Eric Schneiderman says the bank acknowledges it sold toxic loans its employees knew were at high risk for default and that federal prosecutors could decide to hold people criminally liable. Anthony Mason reports.
From: CBS Evening News
Related topics : federal loan bank of new york