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.
#PracticeSafeChecks campaign wins two Telly Awards
An ABA public education campaign warning consumers about the risks of check fraud has received two awards for video and television excellence.