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ARBOR Arbor Realty Trust Reports Second Quarter 2021 Results and Increases Quarterly Dividend to $ 0.35 per Share July 30 , 2021 Company Highlights : • Diversified operating platform with a multifamily focus that continues to produce strong distributable earnings and dividends in all cycles • GAAP net income of $ 0.51 and distributable earnings of $ 0.45 per diluted common share¹ • Raised cash dividend on common stock to $ 0.35 per share , our fifth consecutive quarterly increase • Raised $ 440 million of accretive growth capital : Agency Business : • $ 138 million through issuance of common shares • Continued focus on improving funding sources , increasing warehouse capacity $ 1.27 billion • GAAP book value of $ 10.97 , or $ 11.35 per common share adjusted for $ 61.0 million of CECL general reserves • Segment income of $ 34.7 million • Loan originations of $ 1.31 billion and a servicing portfolio of over $ 26 billion • Closed our second private label securitization totaling $ 450 million Structured Business : ● Segment income of $ 43.1 million • Portfolio growth of 18 % on record loan originations of $ 1.84 billion • Closed a $ 815 million collateralized securitization vehicle , our largest to date Fannie Mae Private Label Freddie Mac FHA • $ 223 million from offering of 6.375 % Series D preferred stock , using $ 93 million to redeem our Series A , B and C preferred stock ( 8.14 % on a weighted - average basis ) • $ 172 million from issuance of 5.00 % senior unsecured notes due in 2026 UNIONDALE , N.Y. , July 30 , 2021 ( GLOBE NEWSWIRE ) -- Arbor Realty Trust , Inc. ( NYSE : ABR ) , today announced financial results for the second quarter ended June 30 , 2021. Arbor reported net income for the quarter of $ 69.1 million , or $ 0.51 per diluted common share , compared to net income of $ 44.1 million , or $ 0.40 per diluted common share for the quarter ended June 30 , 2020. Distributable earnings for the quarter was $ 68.8 million , or $ 0.45 per diluted common share , compared to $ 59.8 million , or $ 0.45 per diluted common share for the quarter ended June 30 , 2020.¹ Agency Business Loan Origination Platform SFR - Fixed Rate Total Originations Total Loan Sales Total Loan Commitments Agency Loan Volume ( in thousands ) Quarter Ended $ $ $ $ June 30 , 2021 637,494 $ 377,184 155,914 130,764 11,996 1,313,352 $ 1,482,110 $ 1,194,344 $ March 31 , 2021 1,063,983 152,454 114,717 66,480 1,397,634 1,841,891 1,460,135 For the quarter ended June 30 , 2021 , the Agency Business generated revenues ( excluding gains and losses on derivative instruments ) of $ 91.2 million , compared to $ 89.3 million for the first quarter of 2021. Gain on sales , including fee - based services , net was $ 40.9 million for the quarter , reflecting a margin of 2.76 % , compared to $ 28.9 million and 1.57 % for the first quarter of 2021. Income from mortgage servicing rights was $ 26.3