Fannie Mae
FHFA Increases Multifamily Lending Caps for GSEs
The increase comes in light of continued high levels of property acquisitions and deliveries of newly constructed apartment units…
Under Proposed FHFA Rule, GSEs Earn Duty to Serve Credit through HUD Housing Programs
Tasked with ensuring Fannie Mae and Freddie Mac meet a requirement to serve underserved markets, the Federal Housing Finance Agency proposed a rule that will allow the GSEs to earn Duty to Serve credit activities related to several HUD housing programs. A public comment period on the proposed rule is open for 90 days.
Longtime Fannie Mae Counsel Joins Ballard Spahr
Ballard Spahr announced that Christopher D. Bell, a real estate attorney whose broad transactional experience includes more than 10 years at Fannie Mae, has joined the firm as a partner in the Washington, D.C., office.
FHFA Establishes 2015-17 Housing Goals for Fannie Mae and Freddie Mac
The Federal Housing Finance Agency is required to set annual housing goals for mortgages purchased by Freddie Mac and Fannie Mae. FHFA established the 2015-17 goals in a final rule.
FHFA Revises Exclusions to Fannie Mae and Freddie Mac Multifamily Lending Scorecard Caps
The Federal Housing Finance Agency (FHFA) announced that it is revising the affordable housing lending categories that are excluded from the multifamily lending purchase caps established in the 2015 Scorecard for Fannie Mae and Freddie Mac.
HUD Publishes Interim Rule for Governing Housing Trust Fund
HUD recently released an interim rule to govern the implementation of the Housing Trust Fund, including establishing the regulations that will govern the funds and the formula that will determine how funds are distributed.