Berkadia Doubles FHA Financing Servicing Capacity by Partnering with Rabbet
Berkadia’s adoption of Rabbet’s platform is in line with its long-term commitment to investing in people and technology. With Rabbet, Berkadia FHA/HUD has doubled service capacity, improved processing time and developed information to better advise customers.
“Rabbet is committed to providing the tools to service even the most complex areas of construction finance, including HUD lending,”
“We are excited to partner with Berkadia to streamline their processes, increase efficiency, and better serve their customers.”
Will Mitchell, CEO of Rabbet.
“This partnership is a key step in our efforts to grow our FHA construction lending business. By leveraging Rabbet’s technology, we are able to significantly increase our capacity to service this important market segment.”
Berkadia Vice President of FHA Construction Ryan Duff.
“Our partnership with Rabbet, a member of Berkadia’s BeEngaged network, has allowed us to collaborate on long-term initiatives, and implement solutions that deliver excellent service to our clients,”
Berkadia Senior Vice President of FHA and Seniors Housing Finance.
Rabbet’s HUD Maintenance Solution is the first and only HUD-centric solution of its kind. This technology allows HUD lenders to read forms such as 92448 and generate forms 92403 and 92451 separately from HUD. Rabbet’s HUD solution also provides users with the ability to track and report the milestones of complex equity funds. These and other features have been specifically designed to speed up and optimize operations specifically for HUD lenders.