2019 through December 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 profile remains strong as of December 31, 2019. We had no credit losses and our delinquency rate was 8 basis points
We had no real estate-owned properties on the books.
Our loan purchases created liquidity in virtually every corner of the rental market.
Approximately 36% of
the 4Q 2019 new business
activity was mission-driven, affordable housing.
More than 9 in 10 eligible units we financed supported U.S. households earning at or below 120% of area median income.
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.
Our guaranteed transactions represented a majority of our total portfolio. 87% of new loan purchases were intended for securitization.