GSE's MF Originations Reach Record High

Freddie Mac purchased a record $44.7 billion in new multifamily business in 2007. "Despite a difficult market, 2007 was a good year for Freddie Mac's multifamily business," said Mike May, senior vice president for multifamily sourcing for Freddie Mac. "The mid-year exit of conduits from the market drove a significant increase in conventional loans to Freddie Mac at a time when we were managing some of the largest and most complex pool transaction in our history," he said. Freddie Mac can be found online at http://www.freddiemac.com.

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS