GSEs to scale back funding for single family rental homes

US houses
By Alexander Saeedy
21 Aug 2018

The Federal Housing Finance Agency (FHFA) announced on Tuesday that the government-sponsored enterprises will end some funding for the single family rental (SFR) market as it believes larger investors can adequately participate without Fannie Mae and Freddie Mac's assistance.

The SFR market has become an important component of the US housing stock after the financial crisis caused a crunch in mortgage credit. A small but growing number of institutional investors have become active in a market traditionally dominated by smaller owners. The single family rental space accounts ...

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