All 120 employees of the Federal Home Loan Bank of New York are safe after Tuesday's terrorist attackat the World Trade Center.FHLB-NY, which had offices on the 22nd floor at 7 World Trade Center, was successfullyevacuated Tuesday, according to spokesman Eric Amig. The district bank was evacuated shortly after 9 a.m. and movedto a location across the river in New Jersey -- which subsequently was also evacuated. 7 WTC, a 47-floor buildingadjacent to the twin towers, caught fire and later collapsed Tuesday afternoon. The district bank was open forbusiness Wednesday in its Jersey City backup facility.
-
While the company made headway in reducing operational costs, it incurred several million dollars worth of expenses as it dealt with the January incident.
4h ago -
The rightsizing measures impacted workers in Colorado and Florida who worked at acquired Computershare Mortgage Services and its affiliate Specialized Loan Servicing.
8h ago -
Former Angel Oak Lending Chief Marketing Officer Steven Winokur has come back into the non-qualified mortgage business by taking a marketing role at Carrington Mortgage Services.
10h ago -
The process of making changes to foreclosure prevention programs has been complicated by differences in how the Department of Veterans Affairs operates compared to an agency like the Federal Housing Administration.
11h ago -
Originators increased program offerings for the fifth consecutive month, but overall credit availability remains tight, the Mortgage Bankers Association said.
May 7 -
Malhotra joins the home finance giant after previously helping launch platforms to provide generative AI enterprise solutions and founding a technology research lab at the global multinational firm.
May 6