2017 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 metrics remain strong with $4 million in 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 units we financed supported housing for low- to moderate-income renters across the U.S.
Since 2009, we’ve virtually eliminated taxpayer risk by transferring over 90% of the risk on 90% of our business to private investors, primarily via K/SB-Deals.
Our guaranteed transactions represented a majority of our total portfolio. 92% of new loans were intended for securitization.
Our GSE market share was 52 percent in 2017 due to our innovative strategies and product offerings.