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What Concerns Fannie and Freddie

MIAMI— PNC Realty's Daniel Cunningham moderated a discussion between John Kovacevich, director of Fannie and Richard Martinez, vice president of Production and Sales at Freddie, to get some answers during RealShare Apartments East in Miami last week.

By Jennifer LeClaire | Updated on March 04, 2015

MIAMI—What concerns Fannie Mac and Fannie Mae the most? Daniel Cunningham, senior vice president of PNC Realty, moderated a discussion between John Kovacevich, director of Fannie and Richard Martinez, vice president of Production and Sales at Freddie, to get some answers during RealShare Apartments East in Miami last week.

One thing that concerns both men is the lack of affordable housing. Kovacevich said, “The industry tells us that we lose about 100,000 affordable units a year. We are being asked by the administration to augment that with increased production on the product class.”

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