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Lument Named a Top Affordable Housing Lender for 2020, Completes More than $3 Billion in Transactions
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NEW YORK, April 22, 2021 /PRNewswire/ Lument ranked #6 on
Affordable Housing Finance s Top 25 Affordable Housing Lenders of 2020 list with over $3 billion in closed transactions, doubling last year s volume. The financing activity created or preserved affordable housing at over 140 communities containing nearly 20,000 units. We re honored to play a part in addressing our nation s affordable housing crisis, said James Flynn, CEO at Lument. Financing affordable housing is one of the most complicated areas of multifamily. I commend our dedicated team, as well as our clients, agency partners, and the Federal Housing Administration for coming together to provide creative solutions during a difficult year.
There. and all those other payments in the past at fox business we totaled it up, how much have the banks had to pay out since 2008 in fines and penalties. so far $135 billion. with some exposure, they might have done something wrong back from the day. i m going to express the opinion this is a highly politicized shakedown of the banks. it is an attempt to say all the blame for what happened in 2008 rests with the banks on wall street. forget the politicians. they have nothing to do with this. the regulators? no. and those home buyers who lied on their mortgages, they have nothing to do with it. it was all those wicked banks. you make a good point but the politicians aren t on the hook even though they pretty much mandated let s go ahead, housing lenders, and get people in houses who cannot afford to pay for them. but, stuart, if the banks did something wrong, i hope they do hold them accountable. yes.