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Freddie Mac, Fannie Mae Adopt New Lease Requirements for Multifamily Loans

Policy Targeting Tenant Protections Affects Financing Applications Beginning in March
New leases at properties financed with Freddie Mac and Fannie Mae loans will now be required to provide a grace period for rent payments and advanced notice of rent hikes and lease expirations. (CoStar)
New leases at properties financed with Freddie Mac and Fannie Mae loans will now be required to provide a grace period for rent payments and advanced notice of rent hikes and lease expirations. (CoStar)
CoStar News
August 28, 2024 | 9:05 P.M.

Housing finance giants Freddie Mac and Fannie Mae plan to put into practice new minimum lease standards designed to protect tenants at multifamily properties that seek to receive financing.

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