News: Financial Digest

Arbor Commercial Mortgage named among Top Ten Fannie Mae lenders-second consecutive year

According to Arbor Commercial Mortgage, LLC, it has been ranked number nine among the Top Ten Fannie Mae Delegated Underwriting and Servicing (DUS) lenders for the year 2008. "We are very committed to the Fannie Mae DUS program and our business partnership," said Ivan Kaufman, president and CEO. "For the second year in a row, we've been named a Top Fannie Mae DUS lender, increasing our ranking in 2008. We are very proud of this achievement and look forward to continuing to grow our market share." In 2008, Arbor achieved a 20% increase in year-over-year production volume from 2007. Arbor Commercial Mortgage, LLC and Arbor Commercial Funding, LLC are national direct lenders specializing in the origination of debt and equity financing and servicing for multifamily and other diverse commercial assets. Arbor is a top ten Fannie Mae DUS® lender and an FHA Multifamily Accelerated Process (MAP) lender, consistently building on its reputation for service, quality and flexibility. With a current servicing portfolio of $6.3 billion, Arbor is a rated Standard & Poor's third-party commercial loan and special servicer. Arbor Commercial Mortgage, LLC also manages Arbor Realty Trust, Inc., a real estate investment trust, (REIT), formed to invest in mortgage-related securities, real estate-related bridge, junior participating interests in first mortgages, mezzanine loans, preferred and direct equity investments and in limited cases, discounted mortgage notes and other real estate related assets. Arbor is headquartered in Uniondale, NY with full-service lending offices throughout the United States. For more information about Arbor, visit www.arbor.com.
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Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

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