Greystone Continues to Top HUD Rankings in FHA Loan Origination
March 25, 2013
According to recently released data by the U.S. Department of Housing and Urban Development (HUD), Greystone is the leading FHA multifamily loan originator in loan volume, dollar commitments and number of units. In the first five months of HUD’s 2013 fiscal year (October – February), Greystone received commitments to insure 91 FHA loans totaling $899 million dollars, across 16,592 units – securing its position as the top industry lender.
“We are delighted that Greystone continues to be the leader in this highly competitive arena. We certainly don’t take this for granted. It is an achievement made possible only by the dedication and perseverance of each member of our team ” said Betsy Vartanian, who leads Greystone’s FHA business. “The firm is committed to continuing its growth across all sectors, expanding its reach to new regional markets and welcoming seasoned personnel to our firm. Our long-standing relationship with HUD, coupled with our in-depth knowledge of the industry allow us to not only manage but to typically exceed the expectations of our clients. Although we will have another record year, what is more important is building long lasting relationships with our clients and sharing our extensive knowledge with them as a full service real estate advisory firm.”
Greystone’s multifamily and healthcare mortgage lending group consists of over 200 individuals located in offices throughout the United States.