Fannie Mae has named Lument the winner of the 2024 Excellence in Affordable Credit Underwriting award. The annual distinction goes to a firm that displays exceptional attention to detail, a strong understanding of affordable credit products and programs, a deep knowledge of affordable multifamily credit underwriting standards, and a thoughtful approach to underwriting presentations.

“This year’s award winner exemplifies the highest of these standards while seamlessly navigating the complexities of underwriting for complex transactions,” Fannie noted in its announcement. “With the highest level of professionalism, [Lument] goes the extra mile to ensure a balanced credit approach on every transaction they present to Fannie Mae.”

“We are honored to receive this important recognition,” said Greg Calvert, senior managing director and chief credit officer at Lument. “Supporting our clients in creating and preserving affordable housing is at the heart of what we do, and it all starts with precise and thoughtful underwriting. This award reflects the expertise and commitment of Lument’s affordable housing platform across our production, underwriting, and transaction management teams.”