Multifamily

Fannie Mae and Freddie Mac's final Duty to Serve plans are moving ahead with expanded support for manufactured housing through both single-family and multifamily programs, including controversial personal property loans.

Freddie Mac is broadening its capital markets vehicles with its first offering of participation certificate securities backed by multifamily tax exempt loans.

The $1.5 billion FREMF 2017-K1 has a in-trust stressed loan-to-value ratio of 120%, as measured by Kroll; that's projected to fall to 108.7% when the deal matures.

Freddie Mac on Thursday priced the first transaction to result from its pilot in the single-family rental market.

A $92 million portion of $194.4 million mortgage on a portfolio of 36 ExtraSpace Self Storage locations is the largest of 42 loans backed backing MSC 2017-HR2.

A provision in the tax bill passed by the House of Representatives would only intensify the housing crunch by crippling affordable housing construction, developers and local government officials say.

Nonprofit agencies looking to purchase unsubsidized affordable housing properties can use a new impact gap financing program from Freddie Mac to fund the acquisition.

Developer confidence in multifamily production weakened in the third quarter to its lowest reading since 2011, according to the National Association of Home Builders.

Faster apartment building was instrumental in pulling the U.S. housing market out of its slump a decade ago. Now, that engine is starting to throttle back.

The FHFA is allowing Fannie Mae and Freddie Mac to invest in the credits for the first time since they entered conservatorship. Its purpose is to promote affordable housing in underserved markets.