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.
Former comptrollers warn against state erosion of federal banking powers
States are increasingly seeking to regulate activities that have historically fallen within the domain of federal supervision, and that threatens the regulatory clarity the nation's dual banking system has long provided, two former comptrollers of the currency write...








