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The funding of multifamily affordable housing rose more than 23% in 2021 to its highest volume in history.
Consumers expressed their greatest economic pessimism in 10 years, but consumer sentiment towards housing remains relatively flat.
Working paper suggests several ways to help these borrowers overcome the closing-cost hurdle.
Fannie, Freddie have sold 130,808 loans totaling $24.5 billion through June 2021
Deal included the sale of approximately 18,500 loans totaling $2.9 billion in unpaid principal balance.
Covers $31.7B in unpaid principal balance of generally 30-year original term, fixed-rate loans.
