Fannie, Freddie flip makes rental acquisitions enticing again
Fannie, Freddie flip makes rental acquisitions enticing again
Geez. Make up your mind already.
In January, the Federal Housing Finance Agency (F & F’s regulator and conservator) essentially required Fannie Mae and Freddie Mac to put the kibosh on financing 1–4-unit rentals. Be it purchase or refinance. Investment property borrowers became persona non grata.
The ban-the-rental plan was the work of former FHFA Director Mark Calabria, along with former…