By Dees Stribling | MHN Online
According to Freddie Mac, its volume in the multifamily space was $25.9 billion in 2013, the second largest annual total for the GSE. The largest yearly volume, which came in at $28.8 billion, was in 2012. The company was just under a $25.9 billion loan purchase cap for 2013 established by the company’s conservator, the Federal Housing Finance Agency.
Among other activities, Freddie Mac reports that it issued a record $28 billion in multifamily securities in 2013 in K-Deals, up from $21.2 billion in 2012. Since the program started in 2009, and through year-end 2013, the company has sold $71.5 billion in multifamily loans, which represents about $10.5 billion in unguaranteed CMBS securities and $61 billion in Freddie Mac issued and guaranteed securities.
