Freddie to subsidize institutional (Wall Street) landlords

[Chris Mason]

What thread title would have been, if there was room: Following Fannie Mae, Freddie Mac is going to offer subsidized financing to large non-human institutions. 

They will not be capped at Freddie's cap of 6, or Fannie's cap of 10, financed properties. As a natural human person, you will still be capped at 6 and 10, respectively. 

Note that the language in this article is a bit imprecise. "Homebuyers" means human persons buying 1-4 unit residential real estate, including human real estate investors. "Investors" in this particular context means large Wall Street firms such as Invitation Homes which manages 50,000 rental properties. 

California Realtors to Freddie: Don't support investors in the single-family home rental market

The part that irks me is the double standards. If Fannie/Freddie wanted to provide financing to corps or LLCs, I wouldn't object. Selectively picking some types of non-human institutions, and giving them special treatment that humans do not get, I've got to cry foul about. For example (I don't know the details yet, this is hypothetical) if these mega landlords with 50+ financed properties get more government subsidized mortgages based on DSCR not DTI, great, I would argue that Sally Landlord with 6 Freddie Mac loans and another 4 Fannie Mae loans (meaning she is currently cut off from any gov't subsidized rental property financing) needs to get that exact subsidy too in my opinion!