FHFA Announces 3 New Tenant Protection Policy Changes
The Federal Housing Finance Agency (FHFA) today announced three policy changes effective for all new multifamily mortgage loan applications signed on or after Feb. 28, 2025.
At that time, Fannie Mae and Freddie Mac’s loan documents will require borrowers to provide tenants:
- A 30-day notice of rent increases;
- A five-day grace period for late rent; and
- A 30-day notice of the lease term expiration.
These provisions will not apply to existing mortgages or loan documents signed before the effective date in February 2025.
FHFA, along with Fannie Mae and Freddie Mac, are expected to release more details about the implementation of these policies in August. They also announced that they “will continue to evaluate options for codifying additional tenant protections that advance sustainable housing in a manner that reflects the needs of both tenants and housing providers.”
Latest from NAHBNow
Membership | IBS | Advocacy
Sep 23, 2026
Chairman's Update: Top Events for Housing
2026 NAHB Chairman Bill Owens provides updates on key events for the residential construction industry, including why members should get out to vote this November and why now is a great time to register for the International Builders' Show.
Legal | Association Management
Sep 22, 2026
Indiana Supreme Court to Decide If an Association Can Sue on Behalf of Its Members
The legal doctrine of "associational standing" continues to face scrutiny across the country, and the latest challenge is now before the Indiana Supreme Court.
Latest Economic News
Economics
Sep 21, 2026
Wood Framing Continues to Dominate Single-Family Construction
Wood framing continues to dominate the U.S. single-family home construction market, according to NAHB analysis of 2025 Census Bureau data. In 2025, wood framing accounted for 94% of all completed single-family homes, maintaining its position as the leading construction method.
Economics
Sep 18, 2026
State-Level Employment Situation: August 2026
State labor markets showed mixed results in August, with nonfarm payroll employment increasing in a majority of states. At the same time, construction employment posted a net gain nationally, although employment trends varied across states. The unemployment rate also remained relatively low in several states, while D.C. continued to record the nation’s highest rate.
Economics
Sep 17, 2026
Single-Family Starts Rebound but Market Challenges Persist
Single-family housing starts rebounded in August, but production remains down 4.7% year to date as builders contend with rising construction costs, lot and labor shortages, and economic uncertainty.