View Multifamily Commentary by Stephanie Wiggins
Ms. Wiggins has 27 years of experience in the underwriting, origination and valuation of income-producing real estate. Ms. Wiggins has responsibility for managing multifamily investment activities with a focus on FHA, Government Sponsored Enterprise (GSE) executions and State Housing Finance Agencies for both affordable and market-rate transactions. Ms. Wiggins coordinates the HIT’s origination efforts through its nationwide network of multifamily and healthcare developers, Ginnie Mae issuers, FHA mortgage bankers, Fannie Mae DUS lenders and state and local Housing Finance Agencies. She previously served as the HIT’s Director of Fannie Mae Finance, with responsibility for the expansion of multifamily activities via the Fannie Mae Correspondent Lending Initiative. Ms. Wiggins is a member of the HIT’s Investment Committee.
Before joining the HIT in 2000, Ms. Wiggins served as a Director for Prudential Mortgage Capital Company (formerly WMF Group), where she managed the structure and underwriting processes for Fannie Mae Affordable Housing Transactions having low income housing tax credits, tax-exempt and taxable bonds, and Section 8 expiring uses. Ms. Wiggins also served as Vice President in WMF Capital Corp. where she managed the securitization process for multifamily and commercial loans. Ms. Wiggins previously served as a Senior Investment Officer with Green Park Financial, a top-rated Fannie Mae DUS Lender, where she was responsible for underwriting housing transactions.
Ms. Wiggins holds active memberships in a number of industry associations including the Urban Land Institute, the National Housing Conference and Mortgage Bankers Association of America. For ULI, Ms. Wiggins serves on the Public Private Partnership Council and the Women’s Leadership Initiative. Ms. Wiggins is also a member and panelist for the National Association of Corporate Directors. She serves as an Independent Director for Resource Capital Corporation (RSO). Ms. Wiggins also sits on the Advisory Board of Building America CDE, Inc.
Ms. Wiggins is an active member of Twelve Days of Christmas, Inc., a national non-profit organization dedicated to helping the less fortunate through collective effort, charitable activities, and community involvement. She is currently Vice Chair of the organization’s board, having served earlier as President of the Washington, DC, Metro Chapter. Ms. Wiggins holds a Bachelor’s degree in Real Estate Finance from the American University.