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Fannie Mae invests $35.5 billion in multifamily housing in 2008.

Publication: Mortgage Banking
Publication Date: 01-APR-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Fannie Mae invests $35.5 billion in multifamily housing in 2008.(Commercial)(Federal National Mortgage Association)

Article Excerpt
Fannie Mae announced in February that the government-sponsored enterprise (GSE)--through its lender and housing partners--financed $35.5 billion in multifamily rental housing in 2008, including debt financing through lender partners and bond purchases.

Fannie Mae's Delegated Underwriting and Servicing (DUS[R]) lenders and affiliates delivered $33.3 billion of the company's total investment in multifamily housing, including $21.8 billion in total DUS product, according to Phil Weber, senior vice president of multifamily...

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