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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, 2022

Today, we released our fiscal year 2021 financial results and filed our Form 10-K for the year ended December 31, 2021 with the SEC. Below are some highlights from our filing.  Multifamily Business Highlights

February 8, 2022

Finding creative solutions to increase affordability is a driving force behind our work in Multifamily.

January 27, 2022

Manufactured Housing Communities (MHCs) are an important source of affordable housing, especially in rural areas, and Fannie Mae is committed to expanding and strengthening tenant protections in the MHCs that we finance.  

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Market Commentary

December 19, 2022

As the Baby Boomers age into their 70s, 80s, and 90s over the next 25 years, the nation's demographic profile will transition in a way that has never been seen before. According to estimates from Oxford Economics, the number of people aged 75 and older in the U.S.

November 21, 2022

Multifamily construction projects primarily come in three categories: New Construction, Renovation Only (renovation), and Additions Only (additions), where additional units are added to an existing property.

October 12, 2022

Multifamily market fundamentals have continued tightening in 2022, despite concerns about inflation and the ongoing pandemic. The economy has been coping with high levels of inflation, and rising housing costs have been a significant contributor to overall higher costs for consumers.

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