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Our Results

January 1 through September 30, 2021

William Buskirk

We had a strong quarter as we continued to focus on our mission.

Below, we describe our year-to-date 2021 results.

William Buskirk
Multifamily Chief Financial Officer

Contact me for more information or clarification.

Multifamily New Business Activity

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This chart reports our New Business Activity on a monthly basis.

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Multifamily Production Mission Volume Analysis

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This chart reports our production mission-driven volume for 2020.

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$2,661 million comprehensive income
$2,661
million
comprehensive
income

We continued to generate strong returns for U.S. taxpayers.

0.46% forbearance rate
0.46%
forbearance
rate

Provided relief to borrowers in these challenging times. On September 30, 2021, 0.46% of loans in our multifamily mortgage portfolio were in our COVID-19 forbearance program.

0/12 credit results
0/12
credit
results

Our credit profile remains strong as of September 30, 2021. We had no credit losses and our delinquency rate was 12 basis points.

0 REO
0
REO

We had no real estate-owned properties on the books.

$45 billion new business
$45
billion
new business

Our loan purchases created liquidity in virtually every corner of the rental market.

~62/30% mission-driven, affordable housing
~62/30%
mission-driven, affordable housing

About 62% of the year-to-date 2021 new business activity, based on UPB, was mission-driven, affordable housing, with about 30% being affordable to renters at 60% of area median income or below.

96% affordable
96%
affordable

More than 9 in 10 eligible units we financed supported U.S. households earning at or below 120% of area median income.

~432,000 rental units
~432,000
rental
units

We financed rental units in a wide variety of large, medium and small markets.

$59 billion securitized
$59
billion
securitized

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.

$404 billion multifamily mortgage portfolio
$404
billion
multifamily mortgage portfolio

93% of our mortgage portfolio comprised securitized mortgage loans (underlying securities that we guarantee).