The Federal Housing Finance Agency announced today that Fannie Mae and Freddie Mac’s caps for multifamily lending will shrink to $35 billion each for 2018. The determination was based on the agency’s projection that the overall size of the multifamily finance market will be slightly smaller than in 2017. Multifamily loans in designated affordable and underserved segments will remain excluded from the caps, and FHFA will review the caps on a quarterly basis.
Financial stability council to focus on regulatory burden, economic security
The Financial Stability Oversight Council will take an expanded view of the term “financial stability” moving forward by examining whether regulation weakens economic growth and what can be done to strengthen the nation’s economic security, Treasury Secretary Scott...










