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| Ivan Kaufman |
UNIONDALE, NY (Oct. 9, 2014) – As part of its new Small
Balance Loan Product, Freddie Mac has appointed Arbor Commercial Mortgage, a
long-standing, leading small multifamily lender, as one of three eligible
nationwide lenders.
“We are extremely pleased to partner with Freddie Mac on
this new, national product offering,” said Ivan Kaufman, Chairman and
CEO of Arbor.
“Through our experience and success in the multifamily small
balance loan business, we have a comprehensive understanding of the level of
expertise needed to execute this product and recognize the importance of
properly serving this growing market.”
“We are excited to partner with Arbor Commercial Mortgage as
one of our first Small Balance Loan Seller/Servicers,” added David Brickman,
Executive Vice President of Freddie Mac Multifamily.
“As a veteran small loan
lender, Arbor brings a great deal of knowledge and talent to this program and
we look forward to working with them in serving the multifamily small loan
market.”
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| David Brickman |
Arbor is now one of a few multifamily lenders offering both
Freddie Mac and Fannie Mae Small Loans. Earlier this year, Freddie Mac
appointed Arbor as a Program Plus® Seller/Servicer for all conventional loan
products.
Arbor has been a Top 10 Fannie Mae DUS® Multifamily Lender
for seven years in a row and is a Top Fannie Mae DUS® Small Loan lender.
For
a complete copy of the company’s news release, please contact:
Christopher Ostrowski
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