The Federal Housing Finance Agency announced today that Fannie Mae and Freddie Mac’s caps for multifamily lending will remain at $36.5 billion for 2017. The determination was based on the agency’s projection that the overall size of the multifamily finance market will remain roughly the same as it was in 2016. Multifamily loans in designated affordable and underserved segments will remain excluded from the caps.
Banking sector, regulators announce joint effort to address AI risks
Banking industry and Treasury Department representatives came together at ABA's headquarters in Washington, D.C., to announce the next steps in...