Besides your typical google search that doesn't get into the weeds about multi-family lending and their role in the marketplace, what exactly is Freddie and Fannie? Do they purchase loans from the DUS listed banks and then securitize them via MBS? Do they make money on servicing and securitization?
Does anyone with experience understand what it means when you read about "Freddie Mad provided a 65m dollar loan for an apartment complex?" Thanks.
The more specific detail the better. Just wondering why your firm went the agency route.