Fannie Mae reported 2017 net income of $2.5 billion, compared with net income
of $12.3 billion in 2016. Fannie Mae’s annual pre-tax income for 2017 was
$18.4 billion, compared with $18.3 billion in 2016, reflecting the strength of the
company’s underlying business fundamentals.
Fannie Mae (FNMA/OTC) announced today it has closed on a $100 million low-income housing tax credit (LIHTC) fund as part of an ongoing effort to provide a reliable source of capital for affordable rental housing and underserved markets.
Walker & Dunlop, Inc. (NYSE: WD) (the “Company”) announced today that it funded a $707,000,000 Credit Facility for the acquisition of 23 student housing properties for Scion Student Communities LLC (the “Borrower”), a joint venture among The Scion Group LLC (“Scion”), General Investment Corporation of Singapore (“GIC”) and Canada Pension Plan Investment Board (“CPPIB”).
Fannie Mae (FNMA/OTC) provided more than $67 billion in financing and supported over 750,000 units of multifamily housing in 2017 – the highest volume in the history of its Delegated Underwriting and Servicing (DUS®) program.
Our employees work tirelessly to ensure access to affordable financing opportunities for homeowners, homebuyers, and renters – at all times and in all markets. Our teams have been recognized for leadership in workplace diversity, energy efficiency, technology, and more. We are making a difference, thanks to the commitment of our great people.
Recent awards reflect our achievements and work to continuously improve the housing finance industry.
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