News & Analysis as of

Housing Market

Orrick, Herrington & Sutcliffe LLP

FHFA Sets 2026 Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac

On November 24, the FHFA announced that the multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) in 2026 will be $88 billion each, totaling $176 billion. The announcement stated that, in 2025, at...more

Orrick, Herrington & Sutcliffe LLP

Congressional Research Service Details Potential Impacts of National Flood Insurance Program Lapse

On December 2, the Congressional Research Service updated its overview of potential consequences if the National Flood Insurance Program (NFIP) is not reauthorized by January 30, 2026. The NFIP, which is the primary source of...more

Orrick, Herrington & Sutcliffe LLP

FHFA announces 2026 increases to conforming loan limits

On November 25, the FHFA announced that the baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2026 will rise to $832,750, up from $806,500 in 2025. ...more

Mogin Law LLP

Algorithmic Pricing Settlement Addresses Key Antitrust Concerns, Some Call it Weak

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The RealPage litigation has been a focal point in the debate over algorithmic pricing and antitrust enforcement in the U.S. rental housing market....more

Ballard Spahr LLP

FHFA Announces 2026 Conforming Mortgage Loan Limits

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The Federal Housing Finance Agency (FHFA) recently announced the conforming loan limits for residential mortgage loans acquired by Fannie Mae and Freddie Mac in 2026.  Fannie Mae addresses the limits in Lender Letter 2025-04....more

Mayer Brown

Counting Down to the Implementation of the Renters' Rights Act 2025

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The word "game-changer" is overused, however, the Renters' Rights Act 2025 (the "Act") is worthy of the designation. With increased security of tenure effected by the abolition of no fault eviction and the move to rolling...more

Barnea Jaffa Lande & Co.

The End of Israeli Banks’ Interference in Housing Prices?

Barnea Jaffa Lande & Co. on

In August 2025, after receiving the recommendations of the Simhon Committee, the Bank of Israel published new guidelines for banking corporations. Banks providing financing for residential construction projects will now be...more

Gray Reed

Homebuilder Sentiment Rises: What It Means for Texas Construction Businesses

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As 2025 draws to a close, signs of cautious optimism are emerging in the U.S. housing market. According to the National Association of Home Builders (NAHB), builder sentiment climbed to a six-month high in October, with the...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (11/12/25) – Banks Weather CRE Storm, Industrial Outdoor Storage Markets Soar, and Office...

In our latest roundup, turnover rate for US homes drops to a 30-year low, global data center real estate funding struggles to keep pace, industrial real estate space surges, and more! U.S. regional banks’ commercial real...more

Orrick, Herrington & Sutcliffe LLP

FHFA releases 2025 housing report on Fannie and Freddie activities

On October 30, the FHFA announced it released its annual housing report describing affordable housing activities in 2024 for the government-sponsored enterprises (GSEs). The agency found that, in 2024, Freddie Mac met all its...more

Coblentz Patch Duffy & Bass

What We’re Reading, Watching, and Listening To: November 2025

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - S.F. supervisors back tenant, small-business protections in Lurie’s ‘Family Zoning’ plan (SF Chronicle): Mayor Lurie’s family zoning...more

Adler Pollock & Sheehan P.C.

The Life of a Taxpayer: Rhode Island Non-Owner Occupied Property “Taylor Swift” Tax

Rhode Island’s 2026 budget bill, No. 5076 SUB A, as amended, introduced Rhode Island General Law § 44-72-1 et seq., the “Non-Owner Occupied Property Tax Act” (the “Act”), also coined as the “Taylor Swift Tax.”  The stated...more

McCarter & English, LLP

Sherrill Defeats Ciattarelli to Become New Jersey’s Next Governor

Democrat Mikie Sherrill, a US Navy veteran and current congresswoman, will succeed Democrat Phil Murphy as New Jersey’s governor after defeating former Assemblyman Jack Ciattarelli on Tuesday. Sherrill’s projected 56% to 43%...more

Hogan Lovells

UK real estate: Renters' Rights Bill receives Royal Assent

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The Labour government has been pressing ahead with its agenda for reform in the residential property sector. On 27 October 2025 the Renters' Rights Bill received Royal Assent, bringing about the biggest changes to the...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (10/29/25) – Office Market Bounces Back, Senate Passes ROAD to Housing Act, and CRE...

In our latest roundup, lab space real estate faces challenges, demand for data creates power brokers, the cost burden of sports stadiums, and more!...more

Husch Blackwell LLP

Landlords, Take Note: California Sets Clear Appliance Rules for 2026 Leases

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On October 6, 2025, California Governor Gavin Newsom signed Assembly Bill 628 (AB 628) into law, mandating that landlords provide a working stove and refrigerator in all rental units subject to new, amended, or renewed...more

Wilson Sonsini Goodrich & Rosati

New York Prohibits Use of Pricing Algorithms for Rent-Setting

On October 16, 2025, Governor Kathy Hochul signed into law S.7882, which amends New York’s antitrust law, the Donnelly Act, to prohibit the use of pricing algorithms by residential landlords to set rent prices. The...more

Orrick, Herrington & Sutcliffe LLP

FHFA proposes housing goals for Fannie and Freddie for 2026–2028

On October 2, the FHFA released a notice of proposed rulemaking (NPRM) setting new single-family and multifamily housing goals for Fannie Mae and Freddie Mac (the GSEs) for 2026 through 2028. The proposed rule would introduce...more

Ballard Spahr LLP

October 15 Mixed-Use, Condominium, and Multifamily Development Client Alert

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Our most recent Alert discussed the proposed reforms to the DC Tenant Opportunity to Purchase Act (TOPA). This Alert provides an update on the reform legislation, as well as a summary of an important TOPA litigation victory...more

Greenbaum, Rowe, Smith & Davis LLP

New Jersey Housing and Mortgage Finance Agency Launches $500M Tax Credit Auction

On October 2, 2025, the New Jersey Housing and Mortgage Finance Agency (NJHMFA) received formal authorization to auction up to $500 million in New Jersey state tax credits, pursuant to the State Tax Credit Subsidy Program...more

Orrick, Herrington & Sutcliffe LLP

House Financial Services chair discusses fall agenda on community banking, digital assets, and housing

On September 25, House Financial Services Committee Chairman French Hill (R-AR) previewed the Committee’s fall agenda in a podcast interview, highlighting priorities across four areas: community banking, digital assets,...more

Holland & Knight LLP

California Gov. Gavin Newsom Signs SB 79, Unlocking Higher Residential Density Near Transit

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California Gov. Gavin Newsom signed Senate Bill (SB) 79 into law on Oct. 10, 2025, with a strong statement of support. Of SB 79, which in part addresses local limits with regard to high-density housing development, the...more

Bradley Arant Boult Cummings LLP

HUD and Ginnie Mae Explore Major Changes to the Reverse Mortgage Industry

The U.S. Department of Housing and Urban Development (HUD) published a request for information (RFI) on October 2, 2025 titled “Future of the HECM and HMBS Programs and Opportunities for Innovation in Accessing Home Equity.”...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, October 2, 2025

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Gov. Shapiro Issues EO to Safeguard Vaccine Access - Governor Josh Shapiro issued an executive order directing state agencies to create vaccine information hubs, expand safety-net programs, and require insurance coverage...more

Orrick, Herrington & Sutcliffe LLP

FHFA withdraws from international climate network and ends sustainable housing committee

On September 25, the FHFA announced its immediate withdrawal from the Network of Central Banks and Supervisors for Greening the Financial System. The FHFA stated this move was consistent with President Trump’s executive...more

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