Login

Fannie Mae’s Multifamily Loans in Forbearance Rise 165%

Total Nears $1 Billion as More Large Properties Request a Break on Payments
The Federal National Mortgage Association is reporting more borrowers of larger loans requesting forbearance. (CoStar)
The Federal National Mortgage Association is reporting more borrowers of larger loans requesting forbearance. (CoStar)

The amount of multifamily loans in forbearance held by the Federal National Mortgage Association, commonly known as Fannie Mae, has increased 165% to $987 million in a week as the damage from the coronavirus pandemic spreads.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE