v3.26.1
Mortgage Loans Held-for-Portfolio (Tables)
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Information on Mortgage Loans Held-for-portfolio The following table presents information on mortgage loans held-for-portfolio (dollars in thousands):
June 30, 2026
December 31, 2025
Carrying
Amount
Percentage of
Total
Carrying
Amount
Percentage of
Total
Real Estate(a):
Fixed medium-term single-family mortgages
$89,920
3.32
%
$97,276
3.74
%
Fixed long-term single-family mortgages
2,622,310
96.68
2,501,881
96.26
Total unpaid principal balance
$2,712,230
100.00
%
$2,599,157
100.00
%
Unamortized premiums
54,746
50,092
Unamortized discounts
(598)
(611)
Basis adjustment (b)
(761)
(498)
Total mortgage loans amortized cost
$2,765,617
$2,648,140
Allowance for credit losses
(4,273)
(3,691)
Total mortgage loans held-for-portfolio at carrying value
$2,761,344
$2,644,449
(a)Conventional mortgage loans represent the majority of mortgage loans held-for-portfolio, with the remainder invested in FHA
and VA insured loans (also referred to as government loans).
(b)Balances represent unamortized fair value basis of closed delivery commitments. A basis adjustment is recorded at the
settlement of the loan and it represents the difference in trade price paid for acquiring the loan and the price at the settlement
date for a similar loan. The basis adjustment is amortized as a yield adjustment to Interest income.
Schedule of Allowance For Credit Losses And The Unpaid Principal Balances The following table presents the allowance for credit losses and the unpaid principal balances (dollars in thousands):
June 30, 2026
December 31, 2025
Allowance for credit losses on mortgage loans held for portfolio
$4,273
$3,691
Mortgage loans held for portfolio (a)
$2,712,230
$2,599,157
(a)Balances represent unpaid principal balance.
Schedule of Mortgage Loans and Impaired Loans The FHLBNY’s total mortgage loans and impaired loans were as follows (in thousands):
June 30, 2026
December 31, 2025
Total mortgage loans, carrying values net (a)
$2,761,344
$2,644,449
Non-performing mortgage loans - Conventional (a)(b)
$8,128
$5,213
Insured mortgage loans past due 90 days or more and still accruing interest (a)(b)
$3,457
$3,504
(a)Includes loans classified as special mention, sub-standard, doubtful or loss under regulatory criteria, net of amounts charged-off
if delinquent for 180 days or more.
(b)Data in this table represents unpaid principal balance and would not agree to data reported in other tables at “amortized cost.”
Schedule of MPF Mortgage Loans Held-for-portfolio by Collateral/Guarantee Type The following table summarizes mortgage loans held-for-portfolio by collateral/guarantee type (in thousands):
June 30, 2026
December 31, 2025
Mortgage Loans Held for Portfolio by Collateral/Guarantee Type :
Conventional mortgage loans
$2,609,239
$2,490,408
Government-guaranteed or - insured mortgage loans
102,991
108,749
Total mortgage loans - unpaid principal balance
$2,712,230
$2,599,157