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We Are in Every Market, Every Day

For over 35 years, Fannie Mae Multifamily has been a reliable source of mortgage capital for the secondary mortgage market. Our Delegated Underwriting and Servicing (DUS®) model is the premier financing platform in the multifamily market. Delegation, risk-sharing, and life of loan servicing are the pillars that support our platform, and because of them we are able to make workforce rental housing possible in every market, every day.

DUS and Our DUS Lenders

We call DUS "The Loan We All Own" because it aligns the interests of lenders, borrowers, and investors. Our 24 DUS® lenders underwrite, close, and deliver loans on our behalf, and in exchange they typically retain one-third of the risk on every loan.

As the largest guarantor of mortgages in the U.S., we set the standards for the housing finance market through our underwriting guides, disclosure and asset management tools, data standards, and engagement with our lender partners.

Multifamily Insights

multifamily housing building

Multifamily Financing

We serve a wide spectrum of the market, including conventional, rent-restricted, cooperatives, seniors housing, student housing, small balance loans, and Manufactured Housing Communities.

More than 90 percent of the apartments we finance are “workforce housing”, and are affordable to families earning at or below 120 percent of the area median income (AMI) – the teachers, first responders, and service workers who are an essential part of their communities.

Affordable Housing and Green Financing

Financing affordable rental housing is at the heart of what we do. We are committed to affordable housing for the long-term and want to be a part of the preservation, rehabilitation, and new construction of quality rental housing across the United States.

We are leaders in the Green Financing business, which we pioneered by creating financing solutions that incorporate energy and water efficiency and energy-generation concepts into traditional mortgage lending.

Learn more about our products

News

Multifamily Wire

November 15, 2022

On November 10, FHFA  announced the mul

November 8, 2022

Today, we released our third quarter 2022 financial results and filed our Form 10-Q for the quarter ended September 30, 2022 with the SEC. Click the button below to learn more.

September 28, 2022

Individuals who lack sufficient credit history or subprime scores have difficulty accessing housing in higher opportunity neighborhoods, obtaining a mortgage, or getting approved for lower cost credit, like auto or educational loans. 

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Market Commentary

June 26, 2023

It has been over three years since the pandemic began and immediately impacted student housing performance for both the spring and fall semesters of 2020.

May 19, 2023

Although large multifamily properties, defined as properties with more than 50 units, are usually what come to mind when thinking of an apartment building, in most areas of the country small multifamily properties, defined as properties with between five and 50 units, are the predominant property

April 21, 2023

The multifamily sector has experienced significant shifts over the past three years, including COVID-19-related shocks followed by an unprecedented recovery and historic rent hikes.

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