The New Year will bring some changes for Fannie Mae and Freddie Mac, starting with a new federal regulator.
Mel Watt will take over as director of the Federal Housing Finance Agency (FHFA). Also this year: Congress may finally act to transform the two mortgage giants—or tear them apart.
The government-sponsored enterprises (GSEs) continue to make more than a third of all permanent loans to apartment properties, playing a familiar role as the capital markets get back to what feels like normal.
Read more...This May Be the Year the GSEs’ Fate Becomes Clear - Multifamily Executive Magazine