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Executive Perspectives Blog

If you own a small multifamily property, it’s good to be a landlord right now. For the better part of a decade, the multifamily market has been delivering lower vacancies and higher rent growth. Post-recession, 2016 was the strongest year yet for the rental market. With the economy nearing full employment and wages continuing to rise, we expect continued growth in demand for multifamily units for the remainder of 2017.

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John Cannon, Freddie Mac Multifamily senior vice president of conventional sales, shares some of his notes from the Mortgage Bankers Association’s Commercial Real Estate Finance Conference (MBA-CREF) held in San Diego between February 19 and 22.

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Today Freddie Mac reported our fifth straight year of profitability, with net income of $7.8 billion and comprehensive income of $7.1 billion. Our results reflect not only an improving economy but also the very successful work we have done to transform the company.

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What makes a store or a restaurant someplace that you want to keep going back to, or not? Or one that you’d give a glowing review? Most likely, it’s the customer experience – how the people, company, products make you feel each time you encounter them and how consistently your expectations are met. This formula for success in the business-to-consumer (B2C) space is one that the business-to-business (B2B) world is looking to replicate.

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Two hundred forty-nine.

That's the number of unique data points necessary for the Uniform Closing Dataset (UCD), a common collection of data that lenders will be required to deliver in a digital file with each mortgage loan they sell to us starting on Sept. 25. Known as the UCD mandate, this requirement is part of the Uniform Mortgage Data Program® (UMDP®), an industry-wide drive to build a better housing finance system in the U.S.

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Our Executive Perspectives feature insights from company leaders on key trends in housing finance and how Freddie Mac is supporting the nation's housing recovery.

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