Browsing through the March/April issue of Apartment Finance Today, an article written by Jerry Ascierto seemed worth passing on to you. Multifamily lenders, going through mass consolidation, have left borrowers looking for safety and have found Freddie Mac and Fanny Mae to be their safe havens. GSE’s (government sponsored agencies) are providing liquidity while lenders scramble to right themselves.

“Freddie and Fannie gained more market share in 2008 than they have ever had in the past,” says John Cannon, head of agency lending at Capmark Finance. “And our FHA pipeline has never been higher.”

To read this article in its entirety and to view a chart of the Multifamily Industry’s Top Ten Lenders, go to http://www.housingfinance.com/aft/articles/2009/mar-apr/0309-specialfocus-anyport.htm

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