WASHINGTON, DC-Fannie Mae provided $28.8 billion in financing to the multifamily market last year. Or put another way, it financed 507,000 units of multifamily housing, almost all of which, or 99%, were through MBS execution. Like its brother organization Freddie Mac, Fannie Mae met the Federal Housing Finance Agency’s goal to reduce multifamily volumes by 10% relative to 2012 levels—a requirement that caused some maneuvering on the part of originators but also led them to successfully seek out new opportunities.

Another stat of note: Over 85% of the multifamily units financed by Fannie Mae in 2013 were affordable housing.

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