FHFA issues 2019 agency lending guidance
The Federal Housing Finance Authority (FHFA) published guidance on multifamily lending caps for Fannie Mae and Freddie Mac on Tuesday, limiting the total amount of loans that they can buy next year to $35bn each.
The multifamily lending caps are meant to ensure that the enterprises provide liquidity for the multifamily market without impeding the participation of private capital.The FHFA said that it will continue to exclude certain loans in the affordable and under-served market segments from the 2019 caps
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