Fannie's and Freddie's Problems Will:

A strong majority of last week's Quick Poll respondents (66%) believe Fannie and Freddie's problems will "Hurt the Multifamily Sector," versus 34% who say the problems will "Have Little Impact." Daryl Carter, chief executive officer of Avanath Capital Partners, places himself among the minority of those taking the poll.

I'd say no impact. I think they will survive this, and I think multifamily is a key part of their business, and I think they will adjust overall. They have done a great job at providing liquidity in the multifamily market. It's probably the best risk-adjusted business that they have.

Certainly I think there have been issues with Fannie and Freddie over the last two or three years and I think that ultimately the current set of issues have a more immediate focus, but I do think that they are going to survive as an entity. However, I think ultimately, they may face a higher degree of regulatory scrutiny.