News Release - Fannie Mae Announces Top Loan Originators

Heather Baker Hoke

202-752-6629

WASHINGTON, DC — Fannie Mae (FNM/NYSE) today announced its top loan originators of multifamily debt financing product for 2009. This follows a recent announcement of the company's investment of $19.8 billion in multifamily housing for the same year though its Delegated and Underwriting and Servicing (DUS) and other lending programs. Fannie Mae works with its lender partners to provide multifamily debt solutions for all segments of the multifamily market, including small and large multifamily loans, seasoned pool purchases and structured transactions.

"The DUS lenders remain committed to providing liquidity and stability to the multifamily market during these challenging times and continue to demonstrate market leadership in producing solid results in 2009," said Ken Bacon, Executive Vice President of Fannie Mae's Housing & Community Development division.

Fannie Mae DUS lenders were responsible for over 90 percent of the Fannie Mae multifamily debt business in 2009. As was previously announced, Fannie Mae's DUS lenders and affiliates delivered $18.6 billion of the company's total investment in multifamily housing in 2009. The following ten DUS lenders produced the highest volume by contributing at least $700 million each through the DUS platform in 2009 and are listed in descending order:

1. PNC Financial Services Group Inc.;
2. Deutsche Bank Berkshire Mortgage;
3. Prudential Multifamily Mortgage, Inc.;
4. Wells Fargo Bank N.A.;
5. Walker & Dunlop, LLC.;
6. Greystone Servicing Corporation, Inc;
7. Grandbridge Real Estate Capital LLC;
8. Arbor Commercial Funding LLC;
9. AmeriSphere Multifamily Finance, LLC;
10. CB Richard Ellis, Inc.

Nearly 90 percent of the units financed by these and other Fannie Mae DUS lenders are affordable to families at or below the median income of their communities.