2018 through March 31
We continued to generate strong returns for U.S. taxpayers.
We financed rental units in a wide variety of large, medium and small markets.
Our credit metrics remain strong with no credit losses and our delinquency rate was 2 basis points.
We had only two real estate-owned properties.
Our loan purchases created liquidity in virtually every corner of the rental market.
Less than half of our purchases counted towards the FHFA volume cap, the balance focused on affordable housing.
8 in 10 eligible units we financed supported housing for low- to moderate-income renters across the U.S.
As of March 31, 2018, we had transferred a large majority of credit risk on 90% of the multifamily guarantee portfolio.
Our guaranteed transactions represented a majority of our total portfolio. 90% of new business purchases were intended for securitization.
Our GSE market share was 54 percent for the quarter ended March 31, 2018 due to our innovative strategies and product offerings.