Pilot programs previously put in place by the government-sponsored housing enterprises will be concluded as that market appears to operate fine without them.

The Federal National Mortgage Association and the Federal Home Loan Mortgage Corp. historically have supported the rental market through their robust multifamily lending programs.

In addition, the secondary lenders provide single-family financing for properties with up to four units. Fannie Mae allows investors to own a maximum of 10 properties, while Freddie Mac allows six.

Source: Mortgage Daily