Freddie Mac News Release Archive

MCLEAN, Va. October 18, 2022 –   Freddie Mac (OTCQB: FMCC) Multifamily announced two new underwriting vice presidents. Caitlin Myhre has been promoted to vice president, Risk Distribution & Credit, overseeing risk distribution and credit as well as underwriting for structured offerings.... More

New Annual Forward Commitments Allowance Will Help Drive Creation of New Affordable and Workforce Housing Units MCLEAN, Va., Oct. 07, 2022 (GLOBE NEWSWIRE) --  To help address the national rental housing shortage and affordability crisis, Freddie Mac (OTCQB: FMCC) Multifamily today announced it is... More

MCLEAN, Va., Sept. 14, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced the creation of a Low-Income Housing Tax Credit (LIHTC) Syndicator Fund with Berkadia , aiding the agency’s effort to invest up to $850 million in equity annually to create and preserve affordable... More

MCLEAN, Va., Sept. 08, 2022 (GLOBE NEWSWIRE) -- The Freddie Mac (OTCQB: FMCC) Multifamily Apartment Investment Market Index ® (AIMI ® ) fell by 11.7% in the second quarter of 2022, with the index down 17.9% compared with the second quarter of 2021. AIMI decreased nationwide and in all 25 markets on... More

MCLEAN, Va., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced that Ian Ouwerkerk has been named senior vice president of Underwriting & Credit. Ian has served as the interim senior vice president of Underwriting & Credit since the first quarter of 2022.... More

4 in 10 saw wage gains, one-third of those say raises won’t cover increased rent MCLEAN, Va., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Nearly 60% of renters say their rents increased in the past 12 months, with a ratio of nearly 1 in 3 seeing rent increases of 10% or more, according to a newly released... More

MCLEAN, Va., Aug. 02, 2022 (GLOBE NEWSWIRE) -- After six months of healthy growth in multifamily fundamentals, Freddie Mac (OTCQB: FMCC) projects the pace of growth will begin to moderate through the remainder of 2022. A contraction in multifamily origination volume to $440-450 billion is expected,... More

MCLEAN, Va., July 21, 2022 (GLOBE NEWSWIRE) -- With the number and cost of weather and climate disasters rising, states have implemented a range of requirements and incentives aimed at mitigating the impact on properties that benefit from federal Low-Income Housing Tax Credits (LIHTC).... More

Properties that Benefit from Federal Tax Subsidies Rarely Increase Rents Significantly After Exiting Program MCLEAN, Va., July 11, 2022 (GLOBE NEWSWIRE) -- Multifamily properties that exit the Low-Income Housing Tax Credit (LIHTC) program generally continue to rent at levels lower than those... More

MCLEAN, Va., June 21, 2022 (GLOBE NEWSWIRE) -- The Freddie Mac (OTCQB: FMCC) Multifamily Apartment Investment Market Index ®  (AIMI ® ) fell by 5.3% in the first quarter of 2022, with the index down 6.1% compared to the first quarter of 2021. Significant multifamily property price growth and higher... More