Tag Archives: Results

Walker & Dunlop, Inc. CEO Discusses Q1 2013 Results – Earnings Call Transcript

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Walker & Dunlop, Inc. CEO Discusses Q1 2013 Results – Earnings Call Transcript
There are multi-family loans which do not fit Fannie Mae, Freddie Mac and HUD's programs such as interim loans and higher leverage loans. As well Walker & Dunlop's expertise in the multi-family market can and should be used to lend on other commercial …
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Temperamental's downgrades the ratings of six stand-alone housing bond programs to …
$ 8.71 million of Charlotte City Housing Authority, NC, Multi-Family Housing Revenue Bonds (Ginnie Mae Collateralized Mortgage Loan – South Oak Crossing Apartments Project) Series 2006 — rating: Aa1. 2. $ 2.87 million of City of Coon Rapids, MN, …
Read more on Moodys.com (press release) (registration)

Eastern Union Funding Names Richard T. Cassin To Lead New Credit Quality …
Among his accomplishments, he brokered a 20-deal portfolio of multifamily loans valued at $ 100 million. Mr. Cassin was also with Commerce Bank as a senior vice president and head of the commercial real estate division. In this capacity, he was …
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Community Bankers Trust Corporation Reports Results For First Quarter 2013

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Community Bankers Trust Corporation Reports Results For First Quarter 2013
The ratio of the allowance for loan losses to nonperforming assets was 42.07% compared with 39.94% at December 31, 2012 and 36.01% at March 31, 2012. Adding diversity to the loan portfolio, multifamily loans increased $ 7.7 million, or 26.7%, on a …
Read more on Daily Markets (press release)

Hudson Realty Capital Secures M First Mortgage Loan for Multifamily …
NEW YORK—Hudson Realty Capital LLC has secured a $ 16 million first mortgage loan secured by a vacant multifamily property on Meserole Street in Brooklyn that was recently constructed. Located in the East Williamsburg section of Brooklyn between …
Read more on National Real Estate Investor

Preferred Apartment Communities, Inc. Announces Mezzanine Loan Investment …
In connection with the mezzanine loan, the Company was granted an option to buy the 308-unit multifamily community between the 37th and 41st months following the closing of the mezzanine loan for a pre-negotiated buy price of approximately …
Read more on MarketWatch (press release)

Loan charge-offs mar TCF results

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Loan charge-offs mar TCF results
The bank's quarterly results also were affected by setting aside more money to more aggressively address souring commercial loans. "As we previously said, 2012 was going to be a reinvention restructuring year for TCF, and indeed that is what has turned …
Read more on Minneapolis Star Tribune

Helping Businesses and Banks Hook Up
So Kular, a former accountant at Ernst & Young, turned to Biz2Credit, an online marketplace that matches small businesses with lenders. Since 2009 the New York City-based startup has helped Kular's outfit land more than $ 4 million in commercial loans …
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