2018 through September 30
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 as of September 30, 2018. We experienced credit losses of $4M and our delinquency rate was 1 basis point.
We had zero 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.
More than 9 in 10 eligible units we financed supported U.S. households earning at or below 120% of area median income.
As of September 30, 2018, the company had cumulatively transferred a large majority of credit risk on the multifamily guarantee portfolio.
Our guaranteed transactions represented a majority of our total portfolio. 91% of new business purchases were intended for securitization.
Our GSE market share was 52 percent year to date through September 30, 2018 due to our innovative strategies and product offerings.