Fannie Mae has announced its top multifamily loan originators for 2010, and topping the list is Wells Fargo Bank NA. Rounding out the top five are DB Mortgage Services LLC, Walker & Dunlop LLC, CBRE Multifamily Capital Inc. and PNC Bank NA.
Through Fannie Mae's Delegated Underwriting and Servicing (DUS) program, each of the top 10 producers contributed at least $870 million. In total, Fannie Mae and its lender partners provided $16.9 billion in debt financing for the rental housing market last year.
‘In the face of a challenging market, the DUS lenders have continued to lend, providing liquidity and stability to the multifamily market,’ says Ken Bacon, executive vice president of Fannie Mae's multifamily business. ‘These results confirm that the multifamily business is well positioned to continue to grow and do well in the future, thanks to the hard work and dedication of our DUS lenders.’
