The privately owned mortgage banking firm projects a comparableDecember performance, largely on the strength of a vibrantmultifamily investment market in the Southeast.

"We hope to emulate the business in December and in 2003,"Collateral Senior vice president and chief underwriter Jeffrey M.Patton says in a prepared statement.

In the Birmingham deals, Collateral funded Homewood Gardens for$2.7 million; Forest Ridge I and II Apartments, $3.78 million;Ascot Place Apartments, $3.6 million; Meadow Wood Apartments,Pelham, AL, $1.58 million; and Woodbrook Apartments, $4million.

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