TITLE

A Portfolio Lender Sees Jumbo Upside

AUTHOR(S)
Rieker, Matthias
PUB. DATE
August 2007
SOURCE
American Banker;8/21/2007, Vol. 172 Issue 161, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a 2007 announcement from the Lake Success, New York based mortgage lender Astoria Financial Corp. and its chief executive George L. Engelke Jr. In the announcement the company revealed that it has seen a dramatic jump in 2007 demand for its most financially profitable product: jumbo loans at adjustable rates.
ACCESSION #
26319458

 

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