12:33 PM EDT, 07/12/2024 (MT Newswires) -- Arbor Realty Trust ( ABR ) faces a probe by the Federal Bureau of Investigation and federal prosecutors on lending practices and claims about the performance of its loan book, Bloomberg reported, citing people familiar with the matter.

Viceroy Research and short sellers alleged Arbor's loans are distressed and the value of the company's loan portfolio is overstated, Bloomberg reported.

Arbor didn't immediately respond to an MT Newswires request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 13.82, Change: -1.71, Percent Change: -11.01