News & Insights

Multifamily Wire

Stay up-to-date on all the new and exciting events happening at Fannie Mae!

Fannie Mae Multifamily Reports 2020 Financial Results

On February 12, we released our fiscal year 2020 financial results and filed our Form 10-K for the year ended December 31, 2020 with the SEC. Here are some highlights from our filing

Fannie Mae Multifamily Finances $76 Billion in 2020

Today, we announced our 2020 production volume of $76 billion, a record in our 32-year-old Delegated Underwriting and Servicing (DUS®) program.

Starting the New Year with Gratitude, Optimism, and Resolve

Before I say anything else, thank you. Thank you for being so warm and welcoming to me when I stepped into my new role as head of the business.

Driving Toward Affordable in 2021

With November in the rearview mirror, we’re approaching the end of a road that’s been full of unexpected turns. The last few months have certainly qualified as “pedal to the metal.” I hope you were able to slow down and relax over the Thanksgiving break.

A Strong Year for Multifamily Technology and Innovation

I hope all of you and your families are well as we continue this year of complex and unexpected challenges. The response to each has been swift and sure – I am so impressed with how everyone across the DUS® network continues to rise to the occasion and serve our customers.

FHFA Releases New Multifamily Volume Cap

On November 17, 2020, FHFA released new multifamily volume caps for 2021. Each Enterprise will have $70 billion across four quarters – a change from the five-quarter period covered by the previous cap.

Fannie Mae Multifamily Reports Net Income for Q3 2020

Today, Oct. 29, 2020, we released our third quarter financial results and filed our Form 10-Q for the quarter ended September 30, 2020 with the SEC. Read some highlights from our filing.

DUS Delivers 10 Million Times Over

Partnership has been the foundation of our business for 30+ years. It powers our DUS® model and allows us to deliver liquidity and affordability in every market, every day.

A busy fall for Multifamily technology

As we head into fall and Q4, there are several exciting things happening in the technology space that I want to share with you. But first, let me say that I’m excited to take on the role of interim Multifamily COO. I’ve had the opportunity to work with many of you on our digital transformation over recent years, but as interim COO, I’ll now be working with you in new ways, and I look forward to the partnership.

Providing Efficiency and Service in a Difficult Year

It’s hard to believe that we’re two-thirds of the way through the year. It’s been a year of constant challenges, making milestones feel extra important. At Fannie Mae, we’re looking back on what we’ve accomplished thus far with the help of your partnership.

Borrower Call Recap

I hope you were able to dial into our July Priority Borrower Call. These calls are a great opportunity to hear business updates from Fannie Mae Multifamily, ask questions, and learn insights on industry topics.

Changing of the guard at Fannie Mae Multifamily

As many of you have heard, Michele Evans is taking over as head of Multifamily and I am assuming a new enterprise-wide role as Chief Administrative Officer.

New ARM 5-5 & SOFR-Indexed SARM, ARM 7-6 and Hybrid ARM

As the industry transitions from LIBOR, Fannie Mae’s ARM 7-6, Hybrid ARM, Structured ARM (SARM), and our new ARM 5-5 will be indexed to the 30-day Compound Average SOFR, published by the New York Fed as “30-day Average SOFR,” available on September 1, 2020.

Fannie Mae Multifamily Reports Net Income for Q2 2020

Today, we released our second quarter financial results and filed our Form 10-Q with the SEC for the quarter ended June 30, 2020.

Structured Transactions Multifamily Wire

Today, more than ever, Borrowers are looking for flexibility in managing debt across their multifamily portfolio. Fannie Mae’s structured finance products are powerful financing tools that deliver just that.

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