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Greystone Servicing Corporation, Inc., a top ten Fannie Mae Delegated Underwriting and Servicing (DUS[TM]) lender, provided a $634,000 loan to Jason S. Mitchell for the refinance of 1700 Park Apartments.


Greystone Servicing Corporation, Inc., a top ten Fannie Mae Fannie Mae: see Federal National Mortgage Association.  Delegated Underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 and Servicing (DUS DUS Driving Under Suspension (criminal charge)
DUS Dwelling Unit (real estate)
DUS Dynamic Underground Stripping
DUS Dusseldorf, Germany - Dusseldorf (Airport Code) 
[TM]) lender, provided a $634,000 loan to Jason S. Mitchell for the refinance Refinance

1. When a business or person revises their payment schedule for repaying debt.

2. Replacing an older loan with a new loan offering better terms.

Notes:
When a business refinances they typically extend the maturity date.
 of 1700 Park Apartments.

The apartments are located at 1700 Park Avenue in Long, Beach, CA. The property consists of a two-story multifamily residential building containing 4 two-bedroom/one-bathroom units and one single-story detached house containing a two-bedroom/two-bathroom unit. The first building was completed in 1949 and the second in the early 1960s just north of the intersection of Gish and Paul Avenues. The property was acquired by the current owner in 2004 and completely renovated in 2005.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Jul 19, 2006
Words:107
Previous Article:Friedland Realty, Inc., a full-service real estate company serving the metropolitan New York area, represented Jem-Comjem Realty in the purchase of...
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