FHFA: No Increase on Multifamily Loan Caps for GSEs

Federal Issues Mortgages Freddie Mac Fannie Mae Mortgage Origination Mortgage Servicing HUD FHFA

On November 22, FHFA announced that Fannie Mae and Freddie Mac’s caps for multifamily lending will remain at $36.5 billion for 2017. The determination was based on the agency’s projection that the overall size of the multifamily finance market will remain roughly the same as it was in 2016. Multifamily loans in designated affordable and underserved segments will remain excluded from the caps.