Category: FINANCING

TMR PODCAST: Ep. 20 – Creating Better Communities – Interview w/ Whitney Ward

As the Founder and Principal of Ward & Company Real Estate, a real estate acquisitions company and Intuitive Management Partners, a Multifamily advisory firm, Whitney leads and defines company growth initiatives and expansion opportunities. Whitney’s role includes overseeing acquisitions & service contracts, capital markets, brokerage engagements and collaborating with strategic business partners for growth.

Fannie Mae tightens standards on investment properties

“Recent amendments to our senior preferred stock purchase agreement with Treasury impose additional risk criteria on the loans we acquire,” the GSE said in a letter. “One of those restrictions is a 7% limit on our acquisition of single-family mortgage loans secured by second home and investment properties.” Fannie Mae said that the amendment has prompted changes in its eligibility policies. All second homes must be underwritten with Desktop Underwriter, receive an approve/eligible recommendation and be delivered as a DU loan, Fannie Mae said.

TMR PODCAST: Ep. 17 – More Than Just A Lender – Interview w/ Austin Walker

Austin Walker joined Arbor’s New York City office in November 2015. In his current capacity as an Originator, Austin focuses on nationwide Fannie Mae, Freddie Mac, FHA, SFR Portfolios, CMBS, Bridge, Mezzanine and Preferred Equity transactions. Before joining Arbor, Austin worked at Wells Fargo as a Financial Advisor of private clients. Prior to that, he served as a Manager of Strategic Partnerships at Merisel, Inc. and a Business and Marketing Analyst at LGD Communications. Austin graduated from Johns Hopkins University of Maryland with a Bachelor of Arts in Political Science.