Fannie Mae and Freddie Mac no longer will have a significant stake in the single-family rental marketplace with the Federal Housing Finance Agency (FHFA) having concluded that the market’s larger investors can continue to succeed without liquidity provided by the government-sponsored enterprises (GSEs).
The announcement marks the end of the GSEs’ single-family rental pilot programs, initiated two years ago to help the entities “test and learn” more about the market and best practices.
Find out more details about the agency’s decision.