Fact Sheets

​ ​​​ View full Fact Sheet.​ ​ ​​​​​​Overview ​As part of their risk management processes, Fannie Mae and Freddie Mac (the Enterprises) each have established an approval process for seller/servicers that includes both ascertaining that seller/servicers meet minimum financial eligibility requirements...

​​​​​FHFA FINAL RULE TO AMEND THE ENTERPRISE REGULATORY CAPITAL FRAMEWORK BACKGROUND The Housing and Economic Recovery Act of 2008 amended the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to require the Federal Housing Finance Agency (FHFA) to establish, by regulation, risk...

​​​​​HIGHLIGHTS OF 2022 MULTIFAMILY CAPS The 2022 volume caps applicable to multifamily loan purchases by Fannie Mae and Freddie Mac (the Enterprises) are $78 billion for each Enterprise, for a total of $156 billion during the calendar year of 2022. To ensure the Enterprises continue to provide...

​ ​​*revised 9/14/2021*​ INFORMATION FOR TENANTS IN RENTAL PROPERTIES WITH A FANNIE MAE OR FREDDIE MAC MORTGAGE Federal Protections for Tenants During the COVID-19 National Emergency In response to the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security Act ( CARES Act) was enacted...

​​​*​​ This Fact Sheet was updated June 22, 2023. Please see Non-Perfor​ming and Re-performing Loan Sales page for latest version. ​​​​BACKGROUND ​​​The Federal Housing Finance Agency (FHFA) requires sales of non-performing loans (NPLs) and re-performing loans (RPLs) by Freddie Mac and Fannie Mae...

​BACKGROUND The Federal Housing Finance Agency (FHFA) is publishing a final rule that requires Fannie Mae and Freddie Mac (the Enterprises) to develop plans that would facilitate their rapid and orderly resolution in the event FHFA is appointed as their receiver pursuant to 12 U.S.C. 4617 of the...

​​​BACKGROUND On Wednesday, April 28, 2021, the Federal Housing Finance Agency (FHFA) announced that it is directing Fannie Mae and Freddie Mac (the Enterprises) to implement a new refinance option targeting low-income borrowers with Enterprise-backed single-family mortgages. Despite the recent high...

BACKGROUND The Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (the Safety and Soundness Act) to require the Federal Housing Finance Agency (FHFA) to establish, by regulation, risk-based capital requirements for the...

HIGHLIGHTS The 2021 volume caps applicable to the multifamily loan purchases of Fannie Mae and Freddie Mac (the Enterprises) will be $70 billion for each Enterprise, for a total of $140 billion during the four-quarter period Q1 2021 – Q4 2021. FHFA anticipates the 2021 cap levels to be appropriate...

FEDERAL PROTECTIONS FOR TENANTS DURING THE COVID-19 NATIONAL EMERGENCY In response to the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was enacted on March 27, 2020. There are two relevant provisions of this law for property owners of multifamily rental...