Freddie Mac Names Top Multifamily Lenders of 2013

MCLEAN, VA--(Marketwired - Feb 3, 2014) - Freddie Mac (OTCQB: FMCC) announces its highest-producing multifamily mortgage sellers of 2013. These are the lenders in its Program Plus® network who transacted the most financing volume with Freddie Mac. Through these and other lenders, the company settled nearly $26 billion in new multifamily volume last year, comprising 388,000 rental units.

About 90 percent of the apartment units financed have rents that are affordable to residents earning less than the Area Median Income. In addition, around one in six units are affordable to residents with very low incomes, earning less than half of the Area Median Income.

Quotes
Attribute to John Cannon, senior vice president of Freddie Mac Multifamily Production, Sales and Marketing

• "These lenders are one of the reasons we had a great year in loan purchases. They represent the best that the mortgage banking industry offers. We are fortunate to have them as customers of Freddie Mac Multifamily."

Top Program Plus® Sellers by Freddie Mac Multifamily Region
Southeast Region: Jones Lang LaSalle, Atlanta, Ga. 
Central Region: CBRE Capital Markets, Dallas, Texas 
Western Region: CBRE Captial Markets, Newport Beach, Calif. 
Northeast Region: Berkadia Commercial Mortgage, Horsham, Pa. 

Top Targeted Affordable Housing Sellers
1. Citibank 
2. Oak Grove Capital 
3. Wells Fargo Multifamily Capital

Top Sellers of Very Low-Income Housing Units
1. Citibank 
2. Berkadia Commercial Mortgage 
3. CBRE Capital Markets

Top Conventional Structured Transactions Sellers
1. Berkadia Commercial Mortgage 
2. Holliday Fenoglio Fowler 

Top Seniors Housing Sellers
1. Berkadia Commercial Mortgage 
2. KeyBank 

Relevant Links
2012 Top Producer Rankings
2013 Multifamily Volumes

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four homebuyers and is one of the largest sources of financing for multifamily housing. www.FreddieMac.com. Twitter: @FreddieMac