Adams, John
July 2009
Bank Technology News;Jul2009, Vol. 22 Issue 7, p16
Trade Publication
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.


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