Biden Administration Says it May Impose Rent Control on Housing With Federally-Backed Mortgages
The Federal Housing Finance Agency (FHFA)—which regulates the mortgage giants Freddie Mac and Fannie Mae—will explore ways it could "limit egregious rent increases" at properties with a Fannie- or Freddie-backed mortgage. That was announced last week by the White House, in releasing a Blueprint for a Renters Bill of Rights.