FREEHOLD, NJ-The paint is barely dry on the walls of its Hackensack, NJ office, but The Manhattan Mortgage Co. likes the Garden State’s potential so much that the New York City-based residential lender is opening a second office in New Jersey. The firm has leased space in Freehold, capital seat of Monmouth County and in the heart of one of the state’s fastest-growing residential markets.

“We’re no stranger to the New Jersey market – it’s one of the most active home buying markets in the country,” says MMC chairman/CEO Melissa Cohn.

Barry Habib, better known as CNBC’s residential mortgage expert, is heading up the new branch. Habib, a managing director at MMC and formerly with Certified Mortgage Associates, has his own monthly show on CNBC and is regularly featured on NBC, CNN, Dow Jones, Bloomberg Television and the Business News Radio Network.

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