BankAtlantic Launches Mortgage Banking Division
BankAtlantic has launched a new commercial mortgage banking division. The bank’s new division — Commercial Mortgage Banking — will focus on long-term, non-recourse, fixed-rate mortgages for acquisition and refinancing of income-producing commercial real estate. Bizjournals.com reports:
"This new division allows us to expand our mortgage offerings into the long-term commercial loan arena — adding another dimension of customer service and convenience to the bank," says Marcia Snyder, executive vice president of commercial lending, in a release.
Read more: BankAtlantic debuts commercial mortgage banking division
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