Fannie Mae’s and Freddie Mac’s multifamily mortgage purchases hit record highs in 2001 with both companies reporting $35.1 billion in combined investments in multifamily housing. Last year, Fannie Mae financed $22.8 billion of multifamily housing, up from $13.5 billion in 2000. The government-sponsored enterprise also reported a record $16.5 billion in delegated underwriting and servicing product deliveries through its DUS lender network.