Fannie and Freddie have issued a combined $25.1 billion in long-term debt so far this year. That’s compared to $338.7 billion in the first six months of 2020.
Hedge funds and REITs are buying up the nation’s manufactured home communities, often with support from Fannie and Freddie. But most resident-owned communities can't meet the GSEs' LTV requirements.
New area-based subgoals for minority and low-income census tracts are aimed at reducing the likelihood that GSE loan purchases inadvertently promote gentrification.
Freddie Mac and MCT team up to help small- and mid-sized lenders make the switch from cash seller to guarantor. The transition impacts everything from pricing to operations.