The Federal Housing Finance Agency announced today that it will maintain Fannie Mae and Freddie Mac’s caps for multifamily lending at the current level of $35 billion for each GSE. The determination was based on FHFA’s projection that the 2019 multifamily finance market will remain on par with 2018. Multifamily loans in designated affordable and underserved segments will remain excluded from the caps, and FHFA will review the caps on a quarterly basis.
FDIC: Deposit Insurance Fund reserve ratio grew in second half of 2023
The Deposit Insurance Fund balance was $121.8 billion at the end of 2023, up $4.8 billion since June 30 of...