It is looking unlikely that either Freddie Mac or Fannie Mae will have used the 2017 multifamily lending caps of $36.5 billion that the Federal Housing Finance Agency set for the GSEs.
If so, it will be a telling development for a few reasons: one, it indicates that the uncapped businesses by the GSEs flourished for the year and two, it suggests that the reduced cap of $35 billion each that the FHFA set for 2018 should not hamper the multifamily finance market.
Read more...For 2018, Freddie Mac Expects Modest Growth After Year Of Innovation | GlobeSt.com
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