FHA looking to extend multifamily ris...

FHA looking to extend multifamily risk-sharing program: Montgomery

Tuesday Nov 27 Read more: American Banker

The Federal Housing Administration is considering sharing risk on multifamily loans with the Treasury Department's Federal Financing Bank beyond the end of this year, FHA Commissioner Brian Montgomery said Tuesday. The multifamily risk-sharing program was launched in 2015 to encourage affordable housing production, and allows state housing finance agencies to underwrite multifamily loans in return for sharing the risk of loss on those loans with the FHA.

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