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The talk of privatizing Fannie Mae and Freddie Mac intensified in 2019 with the release of The Treasury Housing Reform Plan. In an environment where housing seems to become less affordable, that concerns some people because the GSEs finance a large amount of affordable housing.
"They [the GSEs] are mandated to provide a fair amount of that type of financing [for affordable housing]," says Brian Stoffers, global president of debt structured finance for capital markets at CBRE.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
