FHFA Raises Multifamily Loan Caps for Fannie, Freddie

The Federal Housing Finance Agency announced today that it has raised Fannie Mae and Freddie Mac’s 2016 caps for multifamily lending from $31 billion to $35 billion. The agency based its decision on increased estimates of the size of the U.S. multifamily market. Multifamily loans in designated affordable and underserved segments will remain excluded from the caps.

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Evan Sparks

Evan Sparks is editor-in-chief of the ABA Banking Journal and vice president for publications at the American Bankers Association.