2019 through December 30
This chart reports our New Business Activity on a monthly basis.
We financed rental units in a wide variety of large, medium and small markets.
Our credit profile remains strong as of December 30, 2019. We had no credit losses and our delinquency rate was 4 basis points.
Our loan purchases created liquidity in virtually every corner of the rental market.
We maintain our
focus on affordable housing,
a key component of our overall volume.
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. 88% of new loan purchases were intended for securitization.