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.
ABA DataBank: Halloween spending has been growing
Halloween spending was projected to be a little scary this year at $11.6 billion, according to the National Retail Federation. In real terms, this is not as sweet as last year, down 7.2%, with children of all sizes...