Over the past two weeks, Freddie Mac has priced three separate multifamily securitizations worth a combined $1.6 billion.

Renters can now find out if the property they live in has a Fannie Mae or Freddie Mac mortgage, which can protect them from eviction.

Freddie Mac priced two K-deals, which include separate floating-rate tranches linked to LIBOR and SOFR.

If the coronavirus crisis goes on for more than six to eight weeks, FHFA Director Mark Calabria sees mortgage servicers under “a lot of stress.”

One of the early casualties of the coronavirus outbreak is the much-anticipated, re-proposed capital rule for Fannie Mae and Freddie Mac.

The GSEs have extended their forbearance programs to include multifamily borrowers and renters experiencing hardship due to COVID-19.

Over the past six weeks, Freddie has issued eight multifamily offerings totaling $6.1 billion, and Fannie more than $10 billion.

The hiatus in the net worth sweep added $12.53 billion to the GSEs’ combined net worth over the last six months of 2019, including fourth-quarter profit of $4.27 billion at Fannie and $2.45 billion at Freddie. (Includes data chart.)

The latest multifamily transaction continues the enterprise’s move toward Secured Overnight Financing Rate-based bonds.

Freddie’s return to LIHTC investment in 2018 has resulted in projects in underserved communities in 22 states plus Puerto Rico and Guam.