Our Results
January 1 through March 31, 2025
We had a strong quarter as we continued to focus on our mission.
Below, we describe Q1 2025 results.
Tim Meinken
Interim Multifamily Chief Financial Officer
Contact me for more information or clarification.
million
comprehensive
income
We continued to generate strong returns for U.S. taxpayers.
credit
results
Our credit profile remained solid as of March 31. We had no credit losses, five REO properties on the books and our delinquency rate was 46 basis points.
billion
new business
Our loan purchases created liquidity in virtually every corner of the rental market.
mission-driven, affordable housing
About 65% of the Q1 2025 new business activity, based on UPB, was mission-driven, affordable housing.
affordable
More than 9 in 10 eligible units we financed supported U.S. households earning at or below 120% of area median income.
rental
units
We financed rental units in a wide variety of large, medium and small markets.
billion
credit risk transfers
Since inception of our K-Deal® program in 2009, the company has cumulatively transferred a large majority of credit risk on the multifamily guarantee portfolio.
billion
multifamily mortgage portfolio
93% of our mortgage portfolio was covered by credit enhancements.