It's official: Freddie Mac Multifamily is the leader in U.S. multifamily housing finance for the first time, providing total funding of $47.3 billion in 2015. This achievement is particularly exciting because it represents important contributions to every corner of the multifamily market – including supporting affordability for households who need it most.
While we support the entire multifamily market, our main focus is increasing the availability of mortgage capital, especially to the affordable and workforce housing sectors, where demand far exceeds supply. Our results reflect greater contributions to financing loans for small apartment properties with 5-50 units as well as for seniors, student, and government-subsidized properties and manufactured housing communities.
In fact, about 9 of 10 apartments we financed were affordable to low- and moderate-income earners. Plus, about 90 percent of the loans we buy from our seller/servicers are securitized, thereby shifting the vast majority of expected credit risk to private investors, away from U.S. taxpayers.
Leadership is about more than numbers, though. It's about continually working as a team, innovating to meet and anticipate market needs, staying focused on quality and solutions, and exchanging ideas and best practices. We share this mindset – and our success – with our customers.
As a result, taxpayers and renters nationwide benefit.
Learn more about Freddie Mac Multifamily.
For information on renting an apartment, visit My Home by Freddie MacSM.
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