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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.

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News

Multifamily Wire

January 27, 2023

Today, we announced our 2022 production volume of over $69 billion in support of the multifamily housing market. Some highlights include:

January 19, 2023

Today, the Federal Housing Finance Agency (FHFA) 

January 3, 2023

Happy New Year! 

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Market Commentary

November 21, 2023

Last year, beginning fall 2022, was the first full year for the student housing sector without any lingering restrictions from the pandemic that had negatively impacted the sector in 2020 and 2021.

October 16, 2023

Multifamily market fundamentals have softened in 2023 compared to the prior year, the result of mixed economic trends including slowing-but-still-positive job growth, elevated single-family housing prices keeping many renters in place, and continued favorable demographics. Rent growth was ex

September 18, 2023

Manufactured housing units that are pre-fabricated in factories remain an important source of unsubsidized affordable housing for an estimated 17 million residents, according to data from the 2021 American Community Survey (ACS).

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