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35 Follow Us At: @DSNewsDaily Industry Updates BERKADIA DOUBLES FHA FINANCING SERVICING CAPACITY BY PARTNERING WITH RABBET Rabbet, a provider of construction finance software, has announced a partnership with Berkadia, an FHA construction loan servicer, to double servicing capacity. Berkadia's adoption of Rabbet's platform aligns with their commitment to long-term investments in people and technology. With Rabbet, Berkadia FHA/HUD has doubled ser- vicing capacity, improved processing times, and developed insights to better advise customers. "Rabbet is committed to providing the tools to service even the most complex areas of construction finance, including HUD lending," said Will Mitchell, CEO of Rabbet. "We are excited to partner with Berkadia to streamline their processes, increase efficiency, and better serve their customers." Berkadia VP of FHA Construction Ryan Duff, added, "is partnership is a key step in our efforts to grow our FHA construction lend- ing business. By leveraging Rabbet's technology, we are able to significantly increase our capacity to service this important market segment." Rabbet's HUD servicing solution allows HUD lenders to read forms like the 92448 and generate the 92403 and 92451 forms which are distinct to HUD. Rabbet's HUD solution also gives users the ability to track and report on milestones for complex capital stacks. ese features and others were specifically built to ac- celerate and optimize the operations specifically for HUD lenders.

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