A privatized multifamily financing market: GSE reorganization without guarantees
About This Event

Today, multifamily housing finance is dominated by a federal guarantee provided by government sponsored enterprises, Fannie Mae and Freddie Mac, and the Federal Housing Administration. In recent years, there has been an explosion of multifamily debt, indicating the multifamily sector has been overleveraged in this low interest rate environment. At this Capitol Hill luncheon on July 18 moderated by Edward Pinto, industry experts Tom White and Charlie Wilkins argued that the federal guarantee should be phased out to enable private capital to re-enter the multifamily mortgage market. White and Wilkins' policy recommendations will allow federal actors to focus on their mission of providing apartments targeted to low-income tenants and not on refinancing apartments that can obtain private funding.

 

 

 

Also Visit
AEIdeas Blog The American Magazine

What's new on AEI

Holder will regret his refusal to obey the Constitution
image 'Flood Wall Street' climate protesters take aim at their corporate allies
image 3 opportunities for better US-India defense ties
image Is Nicolás Maduro Latin America's new man at the United Nations?
AEI Participants

 

Edward J.
Pinto

 

Thomas W.
White

 

Charles S.
Wilkins
AEI on Facebook