The #housing market looks bad — except to these folks: #FannieMae ’s index measuring housing #sentiment decreased by 1.2 points to 65.6 in May, chart @YahooFinance bit.ly/43SEW2Y

“Positive rent reporting, a new piece of Fannie Mae’s mission-driven lending agenda, is a leap forward for the U.S. rental housing market amid an ongoing affordability crisis.”

https://arbor.com/blog/how-positive-rent-reporting-advances-borrowers-and-renters-goals/

#RealEstate #CRE #Multifamily
#Arbor #FannieMae
@realestate@a.gup.pe @realestate@chirp.social

“FHFA also added new provisions to its mission-driven lending initiative designed to increase investment in affordable and workforce housing, two sectors with significant growth potential in a tight housing market.”

https://arbor.com/blog/fhfa-loan-caps-for-2023-what-multifamily-borrowers-need-to-know/

#RealEstate #CRE #FHFA #FannieMae #FreddieMac #Multifamily #Arbor
@realestate@a.gup.pe @realestate@chirp.social

“Multifamily transaction activity has slowed so much in recent months that the government-sponsored enterprises Fannie Mae and Freddie Mac—possibly for the first time ever—may not lend all the capital allocated to them by the federal government.”

https://www.multihousingnews.com/gses-unlikely-to-meet-allocations/

#RealEstate #Multifamily #FHFA #FannieMae #FreddieMac #MHNonline #Yardi
@realestate

The maximum #size of #home #mortgage loans eligible for backing by #FannieMae and #FreddieMac will rise to $1,089,300 next year in a few expensive markets, such as San Francisco and Washington, D.C., from $970,800 this year, the Federal Housing Finance Agency said Tuesday.

https://www.wsj.com/articles/u-s-government-to-backstop-mortgages-above-1-million-mark-for-first-time-11669740331

FHFA Announces 2023 Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac

“The FHFA announced today that the 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $75 billion for each Enterprise, for a combined total of $150 billion to support the multifamily market. The 2023 caps reflect an anticipated contraction of the multifamily originations market in 2023.”

#RealEstate #CRE #Multifamily #FHFA #FannieMae #FreddieMac

https://www.fhfa.gov//Media/PublicAffairs/Pages/FHFA-Announces-2023-Multifamily-Loan-Purchase-Caps-for-Fannie-Mae-and-Freddie-Mac.aspx

#introduction
Part 6: #Equity?

When you work maintaining #foreclosures for #FannieMae, #FHA, #BoA, #WellsFargo, etc etc, you spend most of your time where the foreclosures are, which is America's poorest communities. & you see stuff. & you do your research, read books like #RaceForProfit, #ColorOfLaw, #Evicted, #Homewreckers. You learn about #redlining & how the predation has never really stopped, still goes on today.

You ask yourself why are we working for these equity-stripping assholes?