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ARCS wins five awards.


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, president/CEO of ARCS Commercial Mortgage announced the results of Fannie Mae's review of all 1999 transactions by their approved Fannie Mae Fannie Mae: see Federal National Mortgage Association.  lenders.

At Fannie Mae's recently concluded summer meeting, ARCS achievements were acknowledged and awarded five top positions.

* ARCS is the #1 Fannie Mae multifamily lender in America.

* ARCS is the #1 Fannie Mae DUS DUS Driving Under Suspension (criminal charge)
DUS Dwelling Unit (real estate)
DUS Dynamic Underground Stripping
DUS Dusseldorf, Germany - Dusseldorf (Airport Code) 
 lender in America for the 4th year in a row.

* ARCS is the #1 Fannie Mae DUS targeted affordable housing lender in America.

* ARCS transacted the Fannie Mae DUS capital markets tax-exempt bond Tax-exempt bond

A bond usually issued by municipal, county, or state governments whose interest payments are not subject to federal and, in some cases, state and local income tax.


tax-exempt bond

See municipal bond.
 deal of the year.

* ARCS made an outstanding contribution to the small loan lending program.
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Publication:Real Estate Weekly
Article Type:Brief Article
Date:Aug 23, 2000
Words:107
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