Washington, D.C.–Fannie Mae invested a total of $35.5 billion in multifamily housing in 2008. Red Mortgage Capital, Citibank and Sovereign Bank, FSB produced the greatest volumes in flow (all loans including Delegated Underwriting and Servicing), seasoned pools and structured transactions, contributing over $9 billion dollars collectively.
Excerpt from:
Fannie Mae Invested Over $35B in MF Financing in ’08, Red Mortgage Capital Was Top Lender (Multi-Housing News)
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