TITLE

THE FHLB OF PITTSBURGH TAKES A CLOSER LOOK

AUTHOR(S)
Adams, John
PUB. DATE
July 2009
SOURCE
Bank Technology News;Jul2009, Vol. 22 Issue 7, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Federal Home Loan Bank of Pittsburgh (FHLB) has installed technology that allows consumers to secure low-cost loans in Pennsylvania. The bank has deployed more than 80% of financed with no private mortgage insurance for the gross unpaid principal balance. FHLB has attempted to improve the quality of collateral of low-cost loans called Systemic Tracking of Collateral (STOC) or lax collateral management.
ACCESSION #
43380814

 

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