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MRG offering new service.

Consistent with ongoing efforts to provide its customers with a wide gamut of financing services, M. Robert Goldman & Company of New Jersey, Inc. (MRG-NJ) has entered into a new correspondent relationship with Reilly Mortgage Capital Corp. to allow the mortgage banker to more effectively compete for multi-family loans.

Announced at the New Jersey Apartment Association (NJAA) Convention in Atlantic City, the new relationship with Reilly Mortgage -- a Fannie Mae Delegated Underwriting and Servicing (DUS) lender -- gives MRG-NJ additional access to major new multi-family lending sources, according to Richard Koch, senior vice-president of the Miliburn-based commercial mortgage banker.

"Our relationship with Reilly Mortgage adds another prominent lending source to our extensive roster of financing institutions," says Koch.

"Since Fannie Mae offers a broad array of terms at very attractive interest rates, this new relationship creates new financing options for MRG-NJ customers," indicates Gerald Kray, vice president of Reilly Mortgage Capital Corp. "Fannie Mae DUS lenders such as Reilly Mortgage have the authority to approve up to $20 million without pre-review, helping borrowers finance all types and sizes of multi-family properties.
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Title Annotation:M. Robert Goldman and Company of New Jersey Inc.
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:May 15, 2002
Words:179
Previous Article:Sales awards announced.
Next Article:RFR Holding's Rosen to be honored May 21. (Transcripts).
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