SONYMA

AcronymDefinition
SONYMAState of New York Mortgage Agency
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References in periodicals archive ?
Freedom Mortgage partners with SONYMA on a number of products.
The MIF is secured by all the reserves in the SONYMA MIF.
For the Fund and CPC's other partners that provide funding for the company's permanent loan products, the insurance provided by SONYMA helps to ensure that their investment in a community revitalization project is a stable and predominantly risk-free one.
The HOYO Program-run jointly by SONYMA, the NYS Office of Mental Retardation and Development Disabilities (OMRDD), and the NYS Office of Mental Health (OMH)-helps people with developmental disabilities or mental illness purchase homes with SONYMA mortgages issued at very favorable terms.
The State of New York Mortgage Agency (SONYMA) will provide mortgage insurance for the $12.3 million permanent loan.
Examiners noted that Citibank offered proprietary home lending products that provided lower down payment requirements, closing-cost assistance and flexible underwriting criteria, and also offered flexible, low-interest home mortgage loans under loan programs sponsored by the State of New York Mortgage Agency ("SONYMA").
The fixed-rate mortgage is 100% insured by the State of New York Mortgage Agency (SONYMA).
The State of New York Mortgage Agency (SONYMA) will provide mortgage insurance and New York City Housing Development Corporation (HDC) will provide a Guaranty for the first $70 million or 11.25 percent of the loan ($55 million and $15 million coverage of the loan, respectively).