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
September 1, 2021
As news of Hurricane Ida and its impacts continue, we offer our heartfelt support to all those who have been affected by this storm. At Fannie Mae, our priority is to support those we serve in times of need.
August 30, 2021
On August 26, the US Supreme Court issued their decision regarding the Centers for Disease Control and Prevention (CDC) eviction moratorium rendering the CDC order unenforceable and stating that Congress must act to impose a federal eviction moratorium.
August 11, 2021
The leap from renting to homeownership has long been one of the crucial steps on the wealth-building ladder. For many lower-income consumers and minorities, homeownership has been particularly difficult to achieve.
In the News
September 1, 2021
Market Commentary
October 15, 2021
The Baby Boomers have been an engine of social change for more than 50 years. Born in the years following World War II, their population is estimated at over 70 million in 2021.
September 20, 2021
According to the Urban Institute, owners and renters of manufactured homes are more likely than residents of other housing types to work in the five industries most vulnerable to job loss during the pandemic, with 35% of owners and 43% of renters working in the food and accommodation, retail, con
August 19, 2021
Starts for new multifamily rental and condominium construction have remained robust in 2021, in the wake of the COVID-19 pandemic, according to the Dodge Data & Analytics Supply Track construction pipeline.
