Items Tagged with 'MuniMae'


  • MuniMae Acquires George Elkins, Will Grow Commercial Lending Portfolio

    Fog Cutter Capital Group Inc. said late Wednesday that it sold its mortgage brokerage unit, George Elkins Mortgage Banking Company, to a division of MuniMae (NYSE:MMA) for $10.4 million. MuniMae is one of the nation's largest commercial and multifamily mortgage finance operations. Assets under management at the company exceed $18 billion, including investments in 3,000 multifamily properties containing 320,000 units in 49 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
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