Freddie Mac, Fannie Mae announce lease standards to extend multifamily tenant protection

seekingalpha08-29

Freddie Mac (OTCQB:FMCC) and Fannie Mae (OTCQB:FNMA) released certain lease standards to extend tenant protection in multifamily properties with mortgages backed by the two government-sponsored ...

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The lease standards include a 5-day grace period for rent payments, a 30-day notice for rent increases and a 30-day notice relating to a lease expiration.  The new policy will apply to new loans under application beginning February 28, 2025. \"Although many borrowers already exceed these minimum standards, all will be required to meet the standards to obtain GSE financing in the future,\" said Kevin Palmer, head of Multifamily for Freddie Mac.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4195":"互助储蓄与抵押信贷金融服务","FNMA":"房利美","BK4229":"商业和住宅抵押贷款融资","FMCC":"房地美"},"translate_title":"房地美和房利美宣布租赁标准以扩大多户租户保护","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FMCC":1,"FNMA":1},"content_text":"Freddie Mac (OTCQB:FMCC) and Fannie Mae (OTCQB:FNMA) released certain lease standards to extend tenant protection in multifamily properties with mortgages backed by the two government-sponsored enterprises. 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