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Government-Backed Lenders Tighten Mortgage Rules in Response to Mamdani’s Rent Freeze

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THE CITY
“Government-Backed Lenders Tighten Mortgage Rules in Response to Mamdani’s Rent Freeze”

The nation’s two most important buyers of mortgage loans have imposed new rules for New York City’s rent-regulated buildings in the wake of Mayor Zohran Mamdani’s rent freeze that are making it impossible or extremely difficult for landlords to get financing. Government-backed Fannie Mae, which has become the lender of last resort for private rent-regulated […] The post Government-Backed Lenders Tighten Mortgage Rules in Response to Mamdani’s Rent Freeze appeared first on The City Reporter .

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