Skip to main content

Universal Mortgage selects commercial expert Howard Abrams to expand practice

NationalMortgageProfessional.com
Jul 15, 2009

Universal Mortgage Inc., one of New York’s largest mortgage brokerages, has announced the addition of commercial loan expert, Howard Abrams, to its team of extraordinary residential mortgage experts. With more than 15 years of experience in the commercial real estate mortgage industry and deep knowledge of the Brooklyn market in particular, Abrams will extend Universal Mortgage’s already substantial advantage in the borough to also include commercial loans. Universal Mortgage’s ability to attract top performers aligns with its high customer satisfaction ratings.   “Howard Abrams is an incredibly skilled professional who understands the culture and needs of the lending market for local businesses, especially with regards to small mixed use and commercial properties that are so common in Brownstone Brooklyn,” said Norman Calvo, president and CEO of Universal Mortgage. “Even in a tough economy, by expanding into commercial loans we hope to broaden our exposure within this continually growing area.”   Abrams has over 15 years of commercial real estate mortgage banking experience including 10 years with Emigrant Savings Bank and its commercial mortgage subsidiaries, as well as stints at two other prominent mortgage banking firms. His responsibilities included underwriting, appraising and the placement of commercial mortgage loans ranging from $50,000 to $200 million. Abrams earned a masters of science degree in real estate finance from New York University. Howard resides in Park Slope, Brooklyn with his wife and child. For more information, visit www.universalmortgageinc.com.
Published
Jul 15, 2009
Zillow: Black Mortgage Applicants Denied 84% More Often Than White

Zillow recently analyzed data from the Home Mortgage Disclosure Act and found that Black mortgage applicants are denied a mortgage 84% more often than white applicants.

Analysis and Data
Jan 13, 2022
Mortgage Economic Review January 2022

The Mortgage Economic Review is a monthly summary of Key Economic Indicators, Data, and Events pertinent to Mortgage and Real Estate Professionals.

Analysis and Data
Jan 13, 2022
Fairway Independent Mortgage Corp. Puts Employees' Health First

Fairway Independent Mortgage continues to allow its employees to choose whether to return to the office or not.

Industry News
Jan 12, 2022
First American Agrees To Acquire Mother Lode Holding Co.

Acquisition would expand First American’s footprint in 11 states

Industry News
Jan 12, 2022
Steven J. Sless Group Of PRMI Appoints New Retail Production Manager

The Steven J. Sless Group of Primary Residential Mortgage named Greg Pahel as retail production manager, overseeing consumer direct reverse mortgage production.

Reverse
Jan 12, 2022
loanDepot Wholesale Upgrades mello Broker Portal

loanDepot Wholesale will introduce new upgrades to its mello®Broker Portal to further streamline the closing process for brokers and settlement agents.

Tech
Jan 12, 2022