Fannie Mae

General News

FHFA Announces More than $1.1 Billion for Affordable Housing Programs

Federal Housing Finance Agency Acting Director Sandra L. Thompson announced the Housing Trust Fund (HTF) and the Capital Magnet Fund (CMF) will receive a total of $1.138 billion for affordable housing initiatives from Fannie Mae and Freddie Mac (the Enterprises).

Federal Housing Finance Agency

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.

Federal Housing Finance Agency

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.

Federal Housing Finance Agency

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.

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).

HUD

Cushman & Wakefield Enters $500 Million Joint Venture with Greystone

Cushman & Wakefield and Greystone External Link announced they will enter into a strategic joint venture.

Federal Housing Finance Agency

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.

Federal Housing Finance Agency

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.

Federal Housing Finance Agency

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.

General News

Fannie Mae Introduces Sponsor-Initiated Affordability Incentives for Multifamily Borrowers

Fannie Mae announced that it is offering Sponsor-Initiated Affordability (SIA) incentives for multifamily borrowers, with the aim of preserving naturally occurring affordable housing (NOAH) and workforce housing. Property owners seeking Fannie Mae financing will be encouraged for rent and income restrictions for residents living in conventional workforce housing.

Federal Housing Finance Agency

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.

Federal Housing Finance Agency

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.

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