The Federal Housing Finance Agency (FHFA) announced yesterday that government-sponsored enterprises Fannie Mae and Freddie Mac will end their expansion into the single-family rental market by halting the single-family rental pilot programs initiated in the last two years. The FHFA has concluded that the market is able to run smoothly without the assistance of GSEs, even though they will still retain previous investor programs such as Fannie Mae’s Multiple Financed Properties and Freddie Mac’s Investment Property Mortgages.

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