Both government-sponsored enterprises experienced increases in multifamily business in 2015, but Freddie Mac came out ahead, according to Affordable Housing Finance's Donna Kimura.
Freddie Mac reported that it has it has become the nation’s multifamily lending leader for the first time, with $47.3 billion in loan purchase and bond guarantee volume in 2015. That’s up 67% from the prior year’s $28.3 billion mark.
The government-sponsored enterprise bests Fannie Mae, which also saw a sizable increase in multifamily business in 2015. Fannie Mae reported $42.3 billion in volume, a 46% increase from the $28.9 billion mark set in 2014.