Commercial to residential conversions
The pandemic led to rising residential rents and falling office values, spurring interest in the conversion of office spaces into apartments. Research shows that these conversions often take the form of demolition and redevelopment, rather than adaptive reuse, and have limited potential to moderate rent growth.
Our updated Business Partner Code of Conduct
We've updated our Business Partner Code of Conduct to highlight our commitment to our mission.
Consumer Mortgage Understanding Study
We conducted a consumer survey that uncovered opportunities to close knowledge gaps in the mortgage process.
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 Green Bond Impact Report
Our Green Bond issuances support the retrofitting of U.S. rental housing stock to become more energy and water efficient
Our model. Your partnership. 10 million stories.
Together, we’ve reached an incredible milestone — financing over 10 million units. Explore these properties and be inspired 10 million times over
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.
Multifamily Wire
November 18, 2021
2022 Scorecard The hottest news in Green these days is the inclusion of Green Financing in the 2022 FHFA Scorecard Appendix A.
November 9, 2021
After 26 years and a $50 billion book of business as of September 2021, our multifamily Structured Transactions products remain one of the most competitive portfolio management tools on the market, and it’s no surprise with the level of flexibility they offer.
October 29, 2021
Today, we released our third quarter 2021 financial results and filed our Form 10-Q for the quarter ended September 30, 2021 with the SEC. Below are some highlights from our filing.
In the News
Market Commentary
April 19, 2022
The small multifamily property sector is defined as those properties with between 5-50 units. It is a sector that has long been a focus for affordable housing because it is generally regarded as having more affordable units.
March 17, 2022
After deteriorating since the onset of the COVID-19 pandemic, seniors housing fundamentals began to improve in the middle of 2021, with the industry experiencing a noteworthy rebound, according to data from NIC MAP Vision LLC.
February 17, 2022
Some of the strongest nominal wage growth in recent years for hourly and non-supervisory employees was seen in 2021. However, pent-up demand, coupled with an improving economy and generous concessions available on many multifamily units, allowed rent growth to soar to 10% in 2021.
