Wednesday, December 5, 2012

MBA calls for government-backed multifamily insurance program via HousingWire

The Mortgage Bankers Association’s GSE Multifamily Task Force presented a white paper today, which discussed the future roles of Fannie Mae and Freddie Mac in multifamily housing finance. The paper called for a government role that attracts larger private capital and outlined a government-backed insurance program that ensures access to liquidity in all market conditions.

The program would be funded through risk-based premiums, which were paid by those who securitized the loans.

The paper titled "Ensuring Liquidity and Stability: The Future of Multifamily Housing Finance and the Government-Sponsored Enterprises" underscores the importance of multifamily rental housing and the roles of the government-sponsored enterprises.

Read more...MBA calls for government-backed multifamily insurance program | HousingWire

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