The industry veteran brings 25 years of experience in mortgage trading to the role
Mortgage servicer and real estate investment trust (REIT) Arbor Realty Trust, Inc. recently appointed Steven Katz as chief investment officer and executive vice president of residential financing.
Katz brings to the role more than 25 years of experience in mortgage trading, banking and servicing. Immediately prior to joining Arbor, he served as a managing director for Morgan Stanley, where he was responsible for leading the residential loan trading and lending groups. He also served as chief executive officer and chief investment officer for Seneca Mortgage, a brand of privately held entities focused on residential mortgage servicing and investments with a $36 billion servicing portfolio.
At Arbor, Katz will be responsible for growing the firm’s presence in the residential market and will develop Arbor's proprietary single-family rental (SFR) portfolio platform.
"Steve's tenured experience, deep knowledge of the business and strong track record of success in residential mortgage trading, securitization and servicing, as well as his proven success in building out new businesses, makes him the ideal candidate to serve as Arbor's chief investment officer and lead the development and growth of our SFR portfolio platform," said Ivan Kaufman, chairman and CEO of Arbor Realty Trust. "With more than half of the rental housing in the United States being comprised of single-family rentals, we are committed to this industry and look forward to leveraging Steve's expertise and our national sales and operations platforms to significantly grow this business."