OptimumBank forms OptimumFunding subsidiary for HUD/FHA lending platform

OptimumBank Holdings, Inc.

Wholly-owned subsidiary OptimumFunding, LLC created to originate HUD- and FHA-insured loans.
Focus on bridge-to-HUD financing and government-insured loans for multifamily and skilled nursing properties.
Board approved dividend to parent; capital invested to support initial operations and platform build-out.
New platform complements existing core banking with a relationship-driven, single-source lending model.
Chairman Moishe Gubin says expansion expected to enhance profitability and shareholder value.

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