A Portfolio Lender Sees Jumbo Upside

Rieker, Matthias
August 2007
American Banker;8/21/2007, Vol. 172 Issue 161, p1
Trade Publication
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.


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