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 ?
Tenders are invited for Multi-family loan underwriting services.
Fannie Mae Delegated Underwriting and Servicing (DUS*) lenders delivered 99 percent of Fannie Mae's 2013 multi-family loan acquisitions.
2099 focused on the elimination of all new housing certificates/vouchers, the increase in rents for public and assisted housing tenants, a $544 million reduction in homeless funding, and a one-year moratorium on subsidies for FHA multi-family loan guarantees.
The acquired business began operating in 1988 and currently services a multi-family loan portfolio of USD29bn (EUR22bn).
His previous employment experience includes working with Richmond County Savings Bank, where he focused specifically on multi-family loan origination in the New York/New Jersey market.
Fannie Mac and Freddie Mac have recorded the lightest decrease in originations over the past year, as their multi-family loan portfolios continue to perform well.
Leading this growth was our core multi-family loan portfolio which grew at a 14% annualized rate and accounted for the majority of the loan growth during the quarter.
* A $4 million permanent loan for a multi-family loan in New York City.
posted $1.42 billion in multi-family loan originations and $352 million in commercial real estate loan originations in the New York metropolitan area during 2004.
set record-breaking multi-family loan volumes in 2002, with $5.8 billion in portfolio acquisition and loan originations last year.
Multi-family loan balances increased $1.1 billion to $3.2 billion, commercial loans excluding lines of credit to mortgage companies increased $0.3 billion to $1.1 billion, commercial lines of credit to mortgage banking companies increased $0.3 billion to $1.9 billion, and non-owner occupied real estate loan balances increased $0.1 billion to $1.1 billion.
New York Community Bancorp produces multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, New York, USA and is the parent of New York Community Bank.

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