Multifamily Loan

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Multifamily Loan

A loan secured by the receivables on mortgages on apartment buildings, condominiums, and/or other multifamily residential complexes.
References in periodicals archive ?
Unrealized (Gain) Loss on multi-family loans held in securitization trusts
is a producer of multi-family loans in New York City and is the parent of New York Community Bank and New York Commercial Bank.
Multi-family loans completed in the last 60 days include a $22.
37 percent, reached during the fourth quarter of 1993; the rate for multi-family loans held by Fannie Mae was 2.
Daniels will oversee all of the Company's income property lending activities, including construction, permanent and bridge loans, and multi-family loans originated for the Fannie Mae Delegated Underwriting and Servicing Program ("DUS([R])").
Unrealized gain/(loss) on multi-family loans held in securitization trusts
3 million in multi-family loans as of March 31, 2013 compared to $142.
The net proceeds from the offering will be used to acquire some of the company's targeted assets, including commercial mortgage-backed securities collateralised by multi-family loans and agency residential mortgage-backed securities.
This is an ongoing trend for commercial and multi-family loans, which also shows the low charge-off rates during the same quarter a year earlier.
DCOM's cost of funds has decreased significantly and is likely near the potential bottom, while multi-family loans continue to be refinanced into lower rates.
The increase is primarily attributed to the average balance of multi-family loans, commercial real estate loans and C&I loans increasing $1.
Berkeley Point originates multi-family loans for Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA).

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