ARCS Commercial Mortgage Co.Howard Howard, English noble family. Landowners in Norfolk from the 13th cent., the Howards obtained the duchy of Norfolk through the marriage of Sir Robert Howard to Margaret Mowbray, daughter of Thomas Mowbray, 1st duke of Norfolk. J. Levine Le·vine , James Lawrence Born 1943. American pianist and conductor. He began his career with the Metropolitan Opera as principal conductor in 1973 and has since served as both music and artistic director. , president/CEO of ARCS Commercial Mortgage Co., L.P announced the closing of a $500,000 second mortgage financing loan for the 149 unit Sherbrooke Coop Apartments in Hackensack, N.J. The Fannie Mae Fannie Mae: see Federal National Mortgage Association. second mortgage loan was originated by ARCS Princeton, N.J. branch office, and is for 10-year term/3O year amortization at an interest rate of 9.2 percent. The Fannie Mae subordinate debt See Junior debt. program enabled the borrower to tap into its equity in the property in order to complete capital improvements. |
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