M&T Realty Capital Corporation announces record year of agency loan originations

Baltimore, MD — Coming off a very strong year of loan production, M&T Realty Capital Corporation (MTRCC) finished 2020 with its largest ever loan servicing portfolio, totaling $22.67 billion. A significant driver of this success was a record-setting loan closing pace for Freddie Mac, HUD multifamily, and affordable housing finance. While Covid had an obvious impact on financing of office, retail, hospitality, and center city multifamily real estate, MTRCC was able to further build its loan programs through a continued focus on quickly evolving customer needs and providing ample liquidity during a time a historically low interest rates. “The MTRCC team immerses ourselves into the financing needs of our clients,” said Michael D. Berman, MTRCC president and CEO. “Our progress in 2020 is the result of our innovation during challenging times, our cross-organizational collaboration with our parent company, M&T Bank, and our sustained investments in the vital affordable housing sector.”

Other highlights of the year include:

• MTRCC significantly grew its affordable housing team, opening new origination offices in Chicago, IL and Plano, TX, and hiring three director-level roles.

• Received the coveted Freddie Mac Optigo TAH License and renewed its focus on Fannie Mae MAH products.

• Built new synergies between MTRCC’s affordable housing team and M&T Bank’s construction, bridge, and LIHTC offerings.

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