Freddie Mac

To help renters in multifamily properties stay in their homes and to support multifamily property owners during the Coronavirus national emergency, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) are allowing servicers to extend forbearance agreements for multifamily property owners with existing forbearance agreements for up to three months.

The Senate Banking Committee held a hearing on June 9 entitled Oversight of Housing Regulators. The witnesses included HUD Secretary Benjamin Carson and Federal Housing Finance Agency Director Mark Calabria.

The Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA) and HUD launched an online resource on mortgage and housing assistance for renters and homeowners affected by COVID-19.

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac created online multifamily property lookup tools to help renters find out if they are protected from evictions during the COVID-19 pandemic through the CARES Act.

The National Low Income Housing Coalition (NLIHC) created a searchable database and map of multifamily properties covered under the federal moratoriums to help renters know if they are protected.

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will offer multifamily property owners mortgage forbearance with the condition that they suspend all evictions for renters unable to pay rent due to the impact of Coronavirus.

President Trump directed HUD to suspend evictions and foreclosures for single-family homes with FHA-insured mortgages for the next 60 days. Similarly, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to suspend foreclosures and evictions for at least 60 days due for homeowners with an Enterprise-backed single-family mortgage.

The Federal Housing Finance Agency (FHFA) recently authorized Fannie Mae and Freddie Mac to disburse payments to HUD for the Housing Trust Fund (HTF) and to the Treasury Department for the Capital Magnet Fund (CMF). According to FHFA, HTF will receive $326.4 million for the year, while CMF will receive $175.8 million. Last year, HTF […]

A new white paper released by Freddie Mac details how communities can use mixed-income and social impact housing to stimulate economic growth and diversity while preserving affordable housing. The research examines properties in areas of concentrated poverty, which are areas designated by the Federal Housing Finance Agency that are characterized by disinvestment, persistently high poverty levels, low economic opportunity and high housing costs relative to income.

The final episode of Leading Voices in Real Estate for 2019 features David Brickman, who was appointed CEO of Freddie Mac in July 2019. In this interview, Brickman dives deep about his leadership of Freddie Mac’s multifamily group and his rise within the organization based on his innovations, particularly in the area of securitization and housing affordability.

Freddie Mac Multifamily announced the promotion of Richard C. Martinez to senior vice president, multifamily production and sales. In his newly expanded role, Richard will oversee production for all Optigosm product lines, including Conventional, Small Balance, Targeted Affordable Housing and Senior Housing.

The Federal Housing Finance Agency (FHFA) released the 2019 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac and a new 2020 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions.