Historical lending question

[Jim K.]

I'm not even sure how to looking it up, so I'll ask the community. When did the shape of the current lending status of small multifamily begin to exist, that is, what year and in what legislation did the federal government decide that for lending purposes, a quadplex was the largest multifamily building that could be considered to be a residential property, while a fiveplex or larger apartment building was always to be considered a commercial property, even if the buyer lived in it?

[Chris Seveney]

@Jim K.

It most likely was the banking industry who determined this not the federal government