PW Funding Inc., a subsidiary of Charter Municipal Mortgage Acceptance Co. based in Mineola, N.Y., has launched a new website that reflects the integration of PWF into CharterMac and Related Capital Co.The site now boasts an updated look, a new navigational layout, and a feature that enables users seeking a multifamily loan to request a quote directly through the website, the company said. The new website follows the launch of new sites for both CharterMac and Related Capital. PW Funding, a full-service direct mortgage lender for multifamily property owners and developers, can be found on the Web at http://www.pwfunding.com.
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The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans.
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The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.
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The technology firm posted annual gains in servicing, origination and closing solutions, although the segment at large posted an operating loss.
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