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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

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.

August 5, 2021

On August 3, the Centers for Disease Control and Prevention (CDC) issued a new 60-day eviction moratorium order that is limited to areas in the United States with "substantial or high rate” of COVID-19 transmissions.

August 3, 2021

Today, we released our second quarter 2021 financial results and filed our Form 10-Q for the period ended June 30, 2021 with the SEC. Below are some highlights from our filing.

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Market Commentary

July 19, 2021

What a difference a year makes. National multifamily market fundamentals, which include factors such as vacancy rates and rents, were negatively impacted throughout much of 2020.

June 16, 2021

For the student housing sector, there finally appears to be a light at the end of the tunnel. The year 2020 was largely a year to be forgotten for the sector due to the ongoing difficulties as a result of the global pandemic.

May 19, 2021

In setting the 2021 multifamily loan purchase caps for the GSEs at $70 million each, FHFA required that 50 percent of the units acquired by Fannie Mae be used for “mission-driven” affordable housing, defined as units whose rents are affordable to tenants at or below 80 percent of area median inco

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