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Multifamily

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Fannie Mae multifamily earnings increase in stable market 

Nov 02, 2018By

Fannie Mae announced its third-quarter financial earnings on Friday, showing its multifamily sector posted solid gains. The company explained this increase was due to a rise in guarantee fee revenue as the multifamily guaranty book grew during the quarter, and about 90% of its multifamily financing created affordable housing for low-income families.