McLEAN, VA–Last year Freddie Mac closed $56.8 billion in loan purchase and bond guarantee volume, up from $47.3 billion in 2015. It also issued $51.2 billion in multifamily securities. Like Fannie Mae, which also just announced its top product category lenders, Freddie Mac attributes its success to its network of sellers and servicers.
And of course, the robust demand for all things multifamily. “Of all the uncertainty in the world multifamily feels like a modest risk,” David Brickman, executive vice president and head of the Multifamily Business told GlobeSt.com at the end of last year.
“There is high confidence in the asset class' returns and it shows very good prospects for continued growth,” he said.
Brickman said he expects to see growth in both purchases and originations continuing in 2017 even as borrowers confront significantly higher interest rates. “The multifamily market is expected to grow between 5% to 10% [in 2017] and we expect to grow with the market.”
In the meantime, here is a look at Freddie Mac's top lenders for 2016.
McLEAN, VA–Last year
And of course, the robust demand for all things multifamily. “Of all the uncertainty in the world multifamily feels like a modest risk,” David Brickman, executive vice president and head of the Multifamily Business told GlobeSt.com at the end of last year.
“There is high confidence in the asset class' returns and it shows very good prospects for continued growth,” he said.
Brickman said he expects to see growth in both purchases and originations continuing in 2017 even as borrowers confront significantly higher interest rates. “The multifamily market is expected to grow between 5% to 10% [in 2017] and we expect to grow with the market.”
In the meantime, here is a look at
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