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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

February 15, 2024

Today, we released our fiscal year 2023 financial results and filed our Form 10-K for the year ended December 31, 2023 with the SEC. Click the button below to learn more.

January 25, 2024

Today, we announced our 2023 production volume of over $52 billion in support of the multifamily housing market, including Multifamily Affordable Housing volumes at $6.6 billion. 

October 31, 2023

Today, we released our Q3 2023 financial results and filed our Form 10-Q for the quarter ended September 30, 2023 with the SEC. Click the button below to learn more.

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Market Commentary

July 23, 2024

Starts for new multifamily rental and condominium construction continued to decline in the first half of 2024 from higher levels in 2023 and 2022, according to data from the Dodge Construction Network’s Real Estate Analyzer construction pipeline.

June 21, 2024

The off-campus student housing sector had been riding a wave of improved demand after the sector worked its way through headwinds between the spring 2020 and fall 2021 semesters due to many campuses shutting down during the global pandemic.

May 21, 2024

According to the National Centers for Environmental Information at the National Oceanic and Atmospheric Administration (NOAA NCEI), as of May 8, 2024, there have already been seven confirmed weather and climate disaster events in 2024 with losses exceeding $1 billion each. These events inclu

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