Tuesday, November 29, 2022 | The Latest Buzz for the Appraisal Industry

FHFA Publicizes 2023 Multifamily Loan Caps at $150 Billion for Fannie Mae, Freddie Mac

The Federal Housing Finance Agency (FHFA) has declared the 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $75 billion for each enterprise, for a combined total of $150 billion to support the multifamily market.

The 2023 caps reflect an anticipated contraction of the multifamily originations market in 2023.

To ensure a strong focus on affordable housing and traditionally underserved markets, FHFA will require that at least 50% of the