Fannie and Freddie will both be shutting down their SHR programs

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Wondering what BP crowd thinks of the recent news tha the Federal Housing Finance Agency announced Tuesday that Fannie and Freddie will both be shutting down their single-family rental pilot programs and ending their participation in the single-family rental market, outside of their previously existing small investor programs – Fannie Mae’s Multiple Financed Properties and Freddie Mac’s Investment Property Mortgages.

I dont think anything of it. They tried a pilot program and decided not to enter the market. No big deal.