The Federal Home Loan Bank of Pittsburgh has filed a Form 10 with the Securities and Exchange Commission, which means all 12 FHLBanks have now published current financial statements, according to the FHLBank System's Office of Finance.Nine FHLBanks have effective registration statements, two (Des Moines and Topeka) expect their registration statements to become effective in mid-July, and Pittsburgh expects to become effective in early August, the Office of Finance said. The agency said it plans to publish current combined financial reports on its website "as soon as practical" after all the registration statements become effective. The Office of Finance can be found online at http://www.fhlb-of.com.
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The lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.
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Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
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Mortgage payments rose 10% year-over-year to an all-time high for March, Redfin said.
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