Wells Fargo Corporate Trust Services offers trustee services for state and local housing agencies issuing tax-exempt, taxable, and privately placed bonds.
We provide online access to your trust accounts and you can receive daily or monthly electronic extracts of trust data to download into your internal accounting system.
Your account will be administered by a dedicated team of professionals experienced in housing-related bond issues. Our team administers a variety of transactions, including:
- Successor trustee appointments
- State and local agency bond issuances
- Single-family and multifamily structures
- Military housing structures
- Variable rate and fixed rate structures
- HFA initiative: NIBP and TCLP structures
- HFA Ginnie Mae pass through structures
We administer more than 3,100 housing-related transactions and serve as trustee for 21 state housing agencies. We are an active affiliate member in the National Council of State Housing Agencies and the National Association of Local Housing Finance Agencies.
We offer a full complement of trust services for your bond issue including: FHA/VA, FNMA, GNMA, the U.S. Department of Housing and Urban Development (HUD), Freddie Mac securitized, SWAPS, recycling note programs, second mortgage bonds, draw-down programs, and credit-enhanced structures.
Who our services benefit
We serve state and local housing finance agencies that issue tax-exempt and taxable bonds for the purpose of financing and developing both single-family and multifamily mortgage loans. We also serve issuers of military housing transactions.
For more information on how we can help you with your needs, contact Paul Hoek at 612-667-0123 or firstname.lastname@example.org.