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 ?
The bonds are general obligations of the agency and are secured by single-family mortgages, multi-family loans, mortgage-backed securities (MBS), and certain cash and investments held under the resolution.
is a producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank and New York Commercial Bank.
Multi-family loans completed in the last 60 days include a $22.
The acquired business originates and services multi-family loans for government and government-sponsored entities (GSEs) mainly through the Fannie Mae Delegated Underwriting and Servicing (DUS) programme.
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])").
New York Community Bancorp is the parent of New York Community Bank and New York Commercial Bank and a producer of multi-family loans on apartment buildings in New York City, New York, USA.
31, 2017, the multiple purpose loan portfolio consisted of: 47% single-family whole loans, 46% MBS certificates, and 7% multi-family loans.
3 million in multi-family loans as of March 31, 2013 compared to $142.
The target originates and services multi-family loans mainly through the Fannie Mae Delegated Underwriting and Servicing (DUS) programme.
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.
More than 56 percent of all multifamily units financed by Fannie Mae were reserved for special affordable (low- and very-low-income units), and more than 59 percent of all multi-family loans were made in underserved markets and areas, the company said.

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