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ARBOR Arbor Realty Trust Reports First Quarter 2021 Results and Increases Dividend for Fourth Consecutive Quarter to $ 0.34 per Share May 7 , 2021 Company Highlights : • Diversified operating platform with a multifamily focus that continues to produce strong distributable earnings and dividends in all cycles o GAAP net income of $ 0.55 and distributable earnings of $ 0.52 per diluted common share¹ o Raised cash dividend on common stock to $ 0.34 per share , or 13.3 % higher than a year ago , representing our fourth consecutive quarterly increase o Generated pretax income of $ 22.5 million from our residential mortgage banking joint venture o Raised $ 158 million of accretive growth capital through the issuance of common shares Agency Business : • Segment income of $ 35.3 million • Loan originations of $ 1.40 billion and a servicing portfolio of $ 25.46 billion Structured Business : • Segment income of $ 43.9 million • Portfolio growth of 14 % on $ 1.09 billion of loan originations • Closed a $ 785 million collateralized securitization vehicle Recent Development • Raised an additional $ 175 million of accretive growth capital through the issuance of 5.00 % senior unsecured notes due in 2026 UNIONDALE , N.Y. , May 07 , 2021 ( GLOBE NEWSWIRE ) Arbor Realty Trust , Inc. ( NYSE : ABR ) , today announced financial results for the first quarter ended March 31 , 2021. Arbor reported net income for the quarter of $ 69.5 million , or $ 0.55 per diluted common share , compared to a net loss of $ 59.3 million , or $ 0.54 per diluted common share for the quarter ended March 31 , 2020. Distributable earnings for the quarter was $ 75.1 million , or $ 0.52 per diluted common share , compared to $ 40.5 mi on , or $ 0.31 per diluted common share for the quarter ended March 31 , 2020.1 " Our first quarter results were truly remarkable , allowing us to once again increase our dividend . Our exceptional performance continues to demonstrate the value of our diverse platform , and how uniquely positioned we are for future growth and success , " said Ivan Kaufman , founder , chairman and CEO of Arbor Realty Trust . Agency Business Loan Origination Platform Fannie Mae Freddie Mac FHA Private Label Total Originations Total Loan Sales -- Total Loan Commitments $ $ $ $ Agency Loan Volume ( in thousands ) Quarter Ended March 31 , 2021 1,063,983 114,717 66,480 152,454 1,397,634 $ $ 1,841,891 $ 1,460,135 $ December 31 , 2020 2,202,092 373,063 133,523 44,884 2,753,562 2,418,317 2,808,173 For the quarter ended March 31 , 2021 , the Agency Business generated revenues ( excluding gains and losses on derivative instruments ) of $ 89.3 million , compared to $ 125.6 million for the fourth quarter of 2020. Gain on sales , including fee - based services , net was $ 26.2 million for the quarter , reflecting a margin of 1.47 % on loan sales ( excluding $ 63.3 million of single - family rental ( " SFR " ) fixed rate loan sales ) , compared to $ 34.0 million and 1.41 % for the fourth quarter of 2020. Income from mortgage servicing rights was $ 36.9 million for the quarter , reflecting a rate of 2.53 % as a