Fannie Mae did $24 billion of multi-family mortgages last year, of which 98% were put into MBS. The leading Delegated Underwriting and Servicing (DUS) program originator was Wells Fargo Bank.

Its top 11 DUS producers did a minimum of $1 billion each in 2011. The remaining lenders in the top five were: Walker & Dunlop; Beech Street Capital; Deutsche Bank Berkshire Mortgage (soon to be Berkeley Point Capital); and PNC Bank.

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