In response, the FHFA recently released their update regarding their rules for 2018.

Green loans have been especially successful, accounting for 42 percent of Fannie’s overall purchases and 27 percent of Freddie’s. Loans outside the cap now account for 50 percent of all originations. The current cap for multifamily loans bought by each agency is $36.5 billion, but that doesn’t include mobile home parks, affordable housing or “green” loans. That would exceed the $112.1 billion record in 2016, which was up 25 percent from the previous record of $89.6 billion set in 2015. However, their joint market share has crept up near 50 percent this year.įannie and Freddie are looking at a record “3-Peat” this year: through September, the agencies acquired $92.6 billion of mortgages, putting them on pace to surpass $120 billion by year-end. The FHFA, Fannie and Freddie’s regulator, typically aims for a market share of 40 percent of all multifamily originations.

These green loans, excluded from their caps, have helped increase market share. By Brandon Smith FHFA changes to impact multifamily lendingįannie Mae and Freddie Mac are making changes to their lending caps and “green” programs in 2018.