
FHFA Increases Multifamily Lending Caps for Fannie Mae and Freddie Mac to $35 Billion
The Federal Housing Finance Agency (FHFA) said continued high levels of property acquisitions and deliveries of newly constructed apartment units, as well as record levels of loan maturities requiring refinancing, have resulted in the 2016 multifamily finance market being larger than originally estimated. Consistent with FHFA’s 2016 Scorecard, in which the housing agency committed to make quarterly adjustments upon reviewing the size of the multifamily finance market, FHFA an