The Federal Housing Finance Agency’s goal of shrinking Fannie Mae and Freddie Mac’s multifamily originations by 10% could negatively impact the multifamily real estate investment trust sector, Fitch Ratings said.
Multifamily REITs are reducing their dependence on secured debt due to forthcoming strategic and structural changes regarding the government-sponsored enterprises, the ratings firm asserted.
Read more...GSE reforms could hurt multifamily REITs | HousingWire
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