Freddie Mac
FHFA Calls for Revisions to GSE Duty to Serve Plans
The Federal Housing Finance Agency (FHFA) announced its objections to Fannie Mae’s and Freddie Mac’s revised DTS Proposed Underserved Markets Plans for 2022-2024. Under the DTS rule, Fannie Mae and Freddie Mac must prepare and submit three-year DTS plans detailing their activities to serve three underserved markets: manufactured housing; rural housing; and affordable housing preservation.
FHFA Establishes New, Higher Affordable Housing Goals for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency published a final rule establishing updated affordable housing goals for Fannie Mae and Freddie Mac.
Biden to Nominate Thompson as FHFA Director
President Joe Biden (D) announced his intent to nominate Sandra Thompson to serve as the director of the Federal Housing Finance Agency.
FHFA Releases 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions
The Federal Housing Finance Agency (FHFA) released the 2022 Scorecard for Fannie Mae, Freddie Mac (the Enterprises), and Common Securitization Solutions, LLC (CSS).
Cushman & Wakefield Enters $500 Million Joint Venture with Greystone
Cushman & Wakefield and Greystone External Link announced they will enter into a strategic joint venture.
Fannie, Freddie May Acquire up to $78 Billion in Multifamily Loans in 2022
The Federal Housing Finance Agency announced the multifamily loan acquisition volume caps for the GSEs in 2022.
Fannie, Freddie Each Increase LIHTC Investment by $350 Million; FHA Risk-Share Programs Resume
Last week, the White House released a sweeping set of actions the Biden-Harris administration is taking to increase the supply of affordable housing.
HUD & FHFA Enter into Fair Housing, Lending MOU
HUD and the Federal Housing Finance Agency (FHFA) entered a Memorandum of Understanding (MOU) to enhance their enforcement of the Fair Housing Act. The MOU allows HUD and FHFA to enforce fair housing and fair lending requirements by promoting information sharing, coordination on investigations, compliance reviews and the ongoing monitoring of Fannie Mae and Freddie Mac.
FHFA Extends COVID-19 Forbearance through June 30
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will offer COVID-19 forbearance to qualifying multifamily property owners through June 30.
FHFA Authorizes More than $1 Billion to NHTF, CMF
The Federal Housing Finance Agency (FHFA) announced the authorization of more than $1 billion in affordable housing allocations to Fannie Mae and Freddie Mac, the largest disbursement in history. HUD’s National Housing Trust Fund (NHTF) will receive $711 million and the Department of the Treasury’s Capital Magnet Fund (CMF) will receive $383 million.
Freddie Mac White Paper Highlights LIHTC in Rural Counties
Freddie Mac released a white paper Dec. 10 that found LIHTC supports 40.1 percent of the multifamily housing market in rural Persistent Poverty Counties (PPCs) – a rate that is more than three times greater than the national average and one and a half times greater than all rural areas.
FHFA Announces 2021 Multifamily Loan Purchase Caps for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency (FHFA) announced that the 2021 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $70 billion for each Enterprise. NH&RA applauds the increased caps and looking forward to working with FHFA, Fannie Mae and Freddie Mac to ensure sufficient liquidity in the multifamily mortgage market during this economic downturn.