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Old-time banking pays off for Astoria

Story date: 2007-10-28 05:52:00
Added on: 2007-10-28 20:40:54


Newsday - According to Astoria's 2006 report to regulators, more than 60 percent of the institution's home-mortgage loans are interest-only for the first 10 years, and 95 percent switch from fixed to adjustable rates after a number of years. In 2006, the bank ...


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