Tag: Fannie and Freddie
Congress is working again
An overall uptick in activities on Capitol Hill means that work is also being done on issues important to the multifamily industry. NMHC’s political...
California offers energy efficiency financing for multifamily
In January, the state of California and the U.S. Department of Housing and Urban Development announced an initiative that would allow PACE financing to...
A house is not a credit card
Last summer, that same trump card stopped a bipartisan bill to reform the mortgage market, more than six years after Fannie Mae and Freddie...
Senate Bill 1217 makes first round, applauded by NMHC and NAA
The vote passed 13-9, which is one more vote than senators said they had during the first mark-up on April 29, when they decided...
Time to move
But the future of the government sponsored enterprises, or GSEs as they are more commonly called, is unlikely to be determined in 2014. Given the...
Obama: Energy efficiency for millions of apartments
And they plan on doing it through pressures in lending requirements. What comes of this partnership remains to be seen, but the goal is...
Three factors that could shape the fate of housing overhaul
But several developments unfolding right now could make the next five or six months among the more consequential periods for housing-finance policy since the...
FHFA faces pushback on cuts to Fannie Mae apartment lending
While the size of the cuts is still undetermined, they will add to a 10 percent reduction in apartment financing the Federal Housing Finance...
Buffet pivots
The commercial mortgage originator and servicer plans to expand its financing of offices, retail properties and hotels, said Hugh Frater, Berkadia's CEO. The bulk...
Fannie Mae to market $2.2 billion legacy CMBS
The holdings are significant-some $2.2 billion-making it not only the largest transfer of risk in a year, but as Deutsche Bank noted in a...
Large-scale investors push boom in single-family home rentals
Could they provide a form of safe harbor or sanctuary for thousands of families who were displaced by financial difficulties from their previous homes...
Apartment loans by agencies creating bubble
Multifamily loans issued by government-sponsored agencies Fannie Mae and Freddie Mac are buoying the price of apartment buildings to the point that buyers may...
Fannie and Freddie: cool heads prevail warn regulators
The mortgage buyers, now controlled by the government, and their regulator, the Federal Housing Finance Agency, are "facing challenging times," the agency's head Edward...
Change in the air
What is yet unclear is what will replace them. The GSEs are blamed in large part for the single-family finance bubble that led to the...
Home Builders urge Fannie, Freddie to get behind mixed-use
The mortgage giants currently require that projects they finance be no more than 25 percent commercial (20 percent for Fannie and for multifamily HUD...