FHFA to Host Multifamily Property Insurance Symposium

WASHINGTON, Feb. 13 -- The Federal Housing Finance Agency issued the following news release on Feb. 12, 2024:

As a part of its continued efforts to foster meaningful dialogue on the growing challenges related to the availability and affordability of property insurance, the Federal Housing Finance Agency (FHFA) today announced it will host the next session in its series of property insurance symposiums on March 13, 2024.

"The availability and affordability of insurance is a profoundly critical issue impacting every region of the country," said FHFA Director Sandra L. Thompson. "This next forum allows multifamily industry leaders and stakeholders the opportunity to exchange and openly discuss creative ideas to address the escalating insurance market stress and how we can help those impacted."

The event will feature panels with various stakeholders, including:

* Fannie Mae and Freddie Mac

* The U.S Department of Housing and Urban Development Multifamily Office

* Insurance Industry Experts

* Multifamily Lenders and Borrowers

This in-person event will be hosted in Washington, D.C. on a first-come, first-served basis. An option to attend virtually will also be available.

This meeting is closed to the media and no comments or statements made in the meeting are intended to be used for media purposes.

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The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $8.4 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter @FHFA, YouTube, Facebook, and LinkedIn.

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Original text here: https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-to-Host-Multifamily-Property-Insurance-Symposium.aspx