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.
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.
It is the second largest originator of Fannie Mac loans and services a $29 billion multi-family loan portfolio.
The acquired business began operating in 1988 and currently services a multi-family loan portfolio of USD29bn (EUR22bn).
Berkeley Point Capital New Name for $29 Billion Multi-family Loan Origination and Servicing Company
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.
Plan to Expand $28 Billion Multi-family Loan Servicing and Origination Company
NYB's acquisitive strategy has allowed it to expand deposit funding and grow its multi-family loan book.
During the second quarter of 2010, the Bank recorded no provision for loan losses due to the decline in the portfolio from the multi-family loan sales.
OneUnited is also introducing a multi-family loan program to finance affordable housing.
For NYB's existing multi-family loan portfolio, Fitch assumed performance that will be notably better than the baseline assumption for the asset class due to the company's strong underwriting, conservative loan-to-values, and its long-term experience in its niche multi-family lending space.

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