/PRNewswire/ Fannie Mae (OTCQB: FNMA) today announced the addition of Basis Multifamily Finance I, LLC ("Basis"), a subsidiary of Basis Investment Group,.
The multifamily market grew tremendously over the past year, thanks to $70 billion in financing from Fannie Mae. The funding of multifamily affordable housing rose more than 23% in 2021 to the highest volume in the history of its 33-year-old Delegated Underwriting and Servicing program.
Fannie Mae was a consistent source of liquidity for multifamily borrowers and support for renters in need as the economy and countless lives suffered disruptions from the pandemic.
Fannie Mae s Financing for Multifamily Affordable Housing Grew Over 23% mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.