AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
KeyCorp's Deal Adds to FHA Presence.(Brief Article)
Cleveland -- KeyCorp is acquiring Dallas-based Malone Mortgage Co. in a move that is expected to expand the company's presence in the Federal Housing Administration financing and servicing areas.
The terms of the acquisition, which requires Ginnie Mae approval for the transfer of servicing rights from Malone to Key, were not disclosed.
Malone Mortgage originates and services multifamily FHA loans for new construction, acquisition and the refinancing of existing facilities.
To put a figure on the activity, Malone originates about $200 million in loan placements annually and has a loan servicing portfolio of about $1.2 billion, according to Key.
Todd Rodenberg, senior vice president and agency director, KeyBank REC, noted, "The acquisition of Malone Mortgage enables Key to provide even greater value to our clients through significant industry knowledge, while, at the same time, expands our FHA market coverage and product delivery across the ...
- Malone Mortgage Co.(Brief Article)
- Magazine article from: McKnight's Long-Term Care News August 3, 1999 700+ words
Malone Mortgage Co. is a recognized leader in providing...appreciate because of its flexibility. Malone Mortgage Co. was co-founded in 1989 by...and Mr. Levitt have developed, Malone Mortgage Co. has in 10 years become one...
- KeyCorp to Buy Malone Mortgage.
- Magazine article from: National Mortgage News June 13, 2005 700+ words
...servicing rights from Malone to Key, were not disclosed. Malone Mortgage originates and services...billion, according to Key. Todd Rodenberg, senior...The acquisition of Malone Mortgage enables Key to provide even greater...
- KeyCorp Purchasing Malone to Grow FHA Presence.(Malone Mortgage Co., Federal...
- Magazine article from: Origination News Thangavelu, Poonkulali July 1, 2005 700+ words
...servicing rights from Malone to Key, were not disclosed. Malone Mortgage originates and services...billion, according to Key. Todd Rodenberg, senior...The acquisition of Malone Mortgage enables Key to provide even greater...
- Malone Mortgage Co.
- Magazine article from: McKnight's Long-Term Care News May 29, 2001 700+ words
* Malone Mortgage Co., Atlanta, provided $11.2 million in financing for Legacy...located in Fort Worth, TX. Completion is scheduled for Jan. 2002. Malone Mortgage also provided a $3.45 million loan to Charterhouse Senior Housing...
- KeyCorp Buying Malone Mortgage.
- Magazine article from: American Banker Quinn, Matthew June 7, 2005 700+ words
...Monday that it had agreed to buy Malone Mortgage Co. in order to boost its ability...would pay. Gary B. Alex, Key's director of FHA lending...Processing program, would complement Key's origination capabilities...acquisition would nearly double Key's FHA origination volume...
- 1999 Lenders Source.
- Magazine article from: McKnight's Long-Term Care News August 3, 1999 700+ words
...Fenoglio Fowler LP 630 Key HealthCare Finance...Capital Inc. 636 Malone Mortgage Company 637 MEDCAP...Fenoglio Fowler LP Key HealthCare Finance...LINC Capital Inc. Malone Mortgage Company MEDCAP Credit...Fenoglio Fowler LP * Key HealthCare Finance...LINC Capital Inc. ...
- GMAC Finances Six Multifamily Properties.
- Magazine article from: Units July 1, 2000 700+ words
...credit with Freddie Mac. NAA member Malone Mortgage Company of Dallas, Texas, has...179-unit community in Dallas. Malone Mortgage also provided a $21.3 million...and maintain a strong presence in key Midwest and selected markets...
- Love Funding.(Movers and Shakers)
- Magazine article from: Units October 1, 2009 700+ words
...multifamily, senior housing, health care and affordable housing industries. Temple and Ryan served 14 and 11 years, respectively, with Malone Mortgage Co./KeyBank Real Estate Capital. [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED]