On May 30th, the Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) from the public about implementing tenant protections on multifamily rental properties backed by the Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac.

These policies may have the unintended consequences of infringing on property rights, circumventing state and local laws, upending standard lease agreements (including those already in place), and undermining pathways to homeownership.

NAR is asking you to provide a pre-written message to the FHFA about how REALTORS® play a vital role in the community and how these new rules and regulations will impact your service as a housing provider. REALTORS® are already serving tenants with many of these protections. You can include a personal message covering topics like rental assistance, proactively communicating lease renewals, using alternative credit scoring models, or other best practices.

 CLICK HERE TO TAKE ACTION