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Combined, they invest roughly half of their $2 billion portfolio in bonds of federal agencies, including Fannie Mae, Freddie Mac and the Federal Home Loan Bank. They park anywhere from one-tenth to one-fourth of their money with the Oregon State Treasury.

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Banking locally not easy for Oregon's local governments

SEATTLE--(BUSINESS WIRE)-- The Federal Home Loan Bank of Seattle (Seattle Bank) has named West Coast Bank, headquartered in Lake Oswego, Oregon, as the recipient of its 2011 Community Spirit Award. The award recognizes a member of the Seattle ...

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Federal Home Loan Bank of Seattle Honors West Coast Bank of Lake Oswego, Oregon, with 2011 Community Spirit Award

SEATTLE - (BUSINESS WIRE) - The Federal Home Loan Bank of Seattle (Seattle Bank ... low-, and moderate-income households in Montana, Oregon, Washington, and Wyoming, including households with special needs, homeless individuals and families ...

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Federal Home Loan Bank of Seattle Announces $2.3 Million of Affordable Housing Program (AHP) Awards

Dec. 12, 2011 /PRNewswire/ -- The Federal Home Loan Bank of Seattle (Seattle Bank ... and to improve the communities it serves across Oregon and Southern Washington . West Coast Bank President & CEO Robert D. Sznewajs said, "As a community ...

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West Coast Bank Receives The Federal Home Loan Bank of Seattle's Community Spirit Award

The new branch office is located in East Brunswick and will serve customers with a variety of home loan products. America’s Choice has recently opened new locations in Delaware, Oregon and Illinois, but Managing Director Larry Lobb said that “We will ...

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America’s Choice Home Loans LP Expands Operations in New Jersey

Lake Oswego-based West Coast Bank was honored as the recipient of the 2011 Community Spirit Award from the Federal Home Loan Bank of ... in grants and reduced-rate loans to create 380 units of affordable housing in Oregon and Southwest Washington.

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Business briefs for Dec. 14

In a statement, ENG's Jason Hillman said the expansion will allow ENG to serve more Oregonians seeking loans because "all our loan underwriting, documents and fulfillment" will take place in Oregon ... services including home mortgages, refinancing ...

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ENG Lending to hire 50 in Portland

Robert Galanida is getting his home back. The 41-year-old quadriplegic agreed to a loan modification with Bank of America, ending a two-and-a-half-year fight to save his specially built home from foreclosure and eviction. "We are pleased that Mr ...

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Paralyzed Oregon man, fighting foreclosure and eviction, gets to keep his home

Prices rose in New York, Portland (Oregon) and Washington. Americans are reluctant to purchase a home more than two years after the ... Some people can't qualify for loans or meet higher down payment requirements. Many with good credit and ...

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