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Purchase Caps for Fannie and Freddie Loans Lowered for Next Year With Fewer Apartment Sales Expected

Agency Sets New Lending Goals to Focus on Workforce Housing Development and Preservation
The federal agency overseeing Freddie Mac and Fannie Mae is lowering the lenders' buying caps for next year. (CoStar)
The federal agency overseeing Freddie Mac and Fannie Mae is lowering the lenders' buying caps for next year. (CoStar)
CoStar News
November 11, 2022 | 12:45 AM

The federal housing agency overseeing Fannie Mae and Freddie Mac cut the volume of multifamily loans the government lenders can buy next year by $3 billion each in anticipation of fewer apartment loans.

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