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Arbor Realty Trust Reiterates Compliance With Accounting, Regulatory Obligations
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Arbor Realty Trust Reiterates Compliance With Accounting, Regulatory Obligations
Jul 15, 2024 7:23 AM

10:01 AM EDT, 07/15/2024 (MT Newswires) -- Arbor Realty Trust ( ABR ) reiterated Monday that its financials and business practices have been and are compliant with its accounting and regulatory obligations.

The company said it is compliant with the notice and disclosure obligations and other terms of its collateralized loan obligation agreements.

On Friday, Bloomberg News reported that the company faces an investigation by the Federal Bureau of Investigation and federal prosecutors on lending practices and claims about the performance of its loan book.

Shares of Arbor Realty Trust ( ABR ) were down 3.5% in recent Monday trading.

Price: 12.44, Change: -0.45, Percent Change: -3.49

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