Fannie Mae and Freddie Mac End Single-Family Rental Pilot Programs

Aug 21, 2018

Rental prices rose to another peak in November, according to new data released by Zillow

The Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac will shut down their single-family rental pilot programs and mostly exit from the single-family rental market, only maintaining except the investor programs Fannie Mae’s Multiple Financed Properties and Freddie Mac’s Investment Property Mortgages.

According to the FHFA, the government-sponsored enterprises “participated in the single-family rental market on a larger scale than previously” during the past two years. FHFA Director Mel Watt said that the lesson learned from these pilot programs was that “the larger single-family rental investor market continues to perform successfully without the liquidity provided by the Enterprises.”

The FHFA added that Fannie Mae and Freddie Mac can still be involved in this corner of the housing market by creating proposals that are “calculated to utilize single-family rentals as a pathway to homeownership.”

About the author

Phil Hall

Link copied

Published

Aug 21, 2018

People On The Move

SingleSource Names Holly Wilson SVP Of Operations

The 25-year mortgage veteran joins from Freedom Mortgage and will oversee operations

SingleSource Property Solutions has named 25-year mortgage industry veteran Holly Wilson senior vice president of operations, adding a former Freedom Mortgage executive to its leadership team.Wilson will lead the Canonsburg, Pennsylvania-based company's operations leadership...

C-Suite Strategies

Eleven Mortgage Exits Wholesale With Loans Still In The Pipeline

Benchmark Mortgage is shifting its resources to retail after closing Eleven’s wholesale and correspondent operation, while brokers face questions over loans already underway

Eleven Mortgage has exited wholesale and correspondent lending effective immediately, ending an eight-year run in the third-party origination market, and leaving mortgage brokers with loans already in its pipeline facing a compressed path to closing.Benchmark Mortgage confir...

Nov

Pasadena, CA

More from

Industry News

CHLA: More Freddie Mac MBS Buying Could Narrow Mortgage Spreads

Trade group estimates greater Freddie participation could compress spreads another 10 to 12 basis points as Fannie has taken the lead in GSE mortgage-bond buying

Industry News

Sep 23, 2026

Early Loan-Limit Race Splits Into Three Tiers

Lenders are now offering $845,000, $847,440, or $850,000 before FHFA sets the official 2027 limits

Industry News

Sep 23, 2026

Better, Garg Clash Over Claimed 46% Shareholder Support

Better disputes its former CEO’s preliminary consent count as the two sides trade accusations and an Oct. 2 target date approaches

C-Suite Strategies

Sep 23, 2026

Fannie Changes How Rent From A Former Home Counts

Fannie now prohibits leases for departing residences and permits market-analysis tools instead of Form 1007, creating a key documentation difference from Freddie Mac

Regulation and Compliance

Sep 22, 2026

MPF Expands Eligibility For Manufactured And Renovation Loans

The Mortgage Partnership Finance Program has expanded MPF Traditional eligibility for affordable loans, manufactured homes, renovations, and lender-funded assistance

Industry News

Sep 22, 2026