Greystone Lending
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[{"id": "fczrru6", "text": "I work in CMBS originations for a bank. Some of my borrowers have also used Greystone for GSE loans. Greystone is an agency shop mainly, they are a top 10 freddie lender, Ive seen them be particuarly active in the SBL, health care and affordable space. CBRE, Berkadia, W&amp;D and HFF  might be the top Freddie lenders by volume, but Greytstone is also a decent lender. What are your career plans?", "replies": [], "depth": 1}, {"id": "fczznj5", "text": "I interviewed a guy who was on the brokerage side and he loved it. He was only talking to us because he was physically in our market but working a completely different market. He had great things to say and ended up staying there.", "replies": [], "depth": 1}, {"id": "fd0jjdq", "text": "Can someone explain what a Freddie lender does. Who actually provides the loans? Thanks", "replies": [{"id": "fd0n3cw", "text": "A lender provides the loans and then sells the loans to Freddie Mac on the secondary market.", "replies": [{"id": "fd0yth4", "text": "So how does Freddie Mac make money? By securitization? When you read an article that says Freddie Mac provides a 75m loan, aren\u2019t they securitizing it? What\u2019s does that loan even mean?\n\nI\u2019m under the impression that the lender retains and services the loan. \n\nAny insight into how it works when reading about agencies providing loans really means. Thanks.", "replies": [{"id": "fd24iqy", "text": "Freddie Mac does make money through securitization. There are about two dozen or so lenders that have a Freddie license. They fund the loan but before funding, they check with Freddie to make sure that the loan fits the credit requirements for one of their programs and get the approval before funding. Then Freddie purchases the loan after closing. Freddie then bundles loans together allocating certain loans to different pools so that risk is reasonably distributed (making sure there's no large concentrations of certain cities/regions, product types, etc.). Once they are bundled together, they are sold in the secondary market as mortgage-backed securities . I work in CMBS for a bank, its the same concept for us when we fund the loan and get our loan purchased by a B buyer like Rialto, KKR or LNR. We do provide loans, fund them but they are essentially bought 30-60 days after closing so that capital can be recycled.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "fd39cx8", "text": "Hey I work at Freddie and greystone is one of my clients feel free to DM me.", "replies": [{"id": "fd4yqi6", "text": "What is your role at Freddie? Are you familiar with the production &amp; sales side of the business?", "replies": [{"id": "fd5a2qu", "text": "Yes I work front end", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fd1wg5a", "text": "Anecdotally I worked in a deal with greystone. She was very competent and helpful. Take that for what it's worth...", "replies": [], "depth": 1}, {"id": "fd2l6xt", "text": "They're multifamily and my brokerage activities are Healthcare and retail so not a lot, but I know they're big.", "replies": [], "depth": 1}, {"id": "fd39v2r", "text": "I work with them daily, it highly depends on what office and what you want to do?", "replies": [], "depth": 1}, {"id": "fd6x1gd", "text": "If you are joining their SBL program I can give some of my experiences working on SBL Loans w/ a different lender.", "replies": [], "depth": 1}]