Government Entities

  • FHA Bombshell: We're Tightening Our Underwriting

    The FHA has become the most prolific and popular construction debt source since the advent of the credit crunch. But the agency has unveiled proposed changes to its Sec. 221(d)(4) and Sec. 223(f) programs which could make it much harder for developers to gain access to those programs, according to an announcement at the MBA/CREF Conference this week.

     
  • What the Portfolio Cap Lift Means for the GSEs

    The Treasury Department has given the GSEs increased flexibility in reducing the size of thier portfolios. But will that announcement change the way Fannie and Freddie approach thier business?

     
  • Fannie, Freddie 2009 Production Numbers Point to 2010 Trends

    The GSEs released thier 2009 volume numbers, and the steep declines in production mirror an industry that continues to bounce around the bottom. Still, the figures indicate what strategies each GSE will employ in 2010.

     
  • GSE Debt Gets Pricier as the Benchmark Climbs

    The rising yield on the 10-year Treasury note has sent debt prices from Fannie Mae and Freddie Mac above the 6 percent mark.

     
  • Freddie's Mike May: 2010 Will Be A Tough Year

    Mike May, senior vice president of Freddie Mac's multifamily division, sits down with Apartment Finance Today to reflect on 2009 and offer a glimpse of what he sees coming around the bend.