Fannie Mae grew its multifamily portfolio by nearly $30 billion in 2018

Fannie Mae grew its multifamily portfolio by nearly billion in 2018
Unlike its GSE counterpart, Fannie Mae had a great year in multifamily in both production and its bottom line. Both Fannie Mae and Freddie Mac grew their multifamily portfolios by sizable margins in 2018, but Freddie Mac saw its net income from multifamily fall by $700 million. Fannie Mae, on the other hand, saw its net income from multifamily rise by approximately $1.3 billion.
Source: https://www.housingwire.com/rss