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US Department of the Treasury. Photo by Shutterstock.

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WASHINGTON, DC—The Trump administration has released a long-awaited and comprehensive plan that would privatize Fannie Mae and Freddie Mac and also restructure the caps on multifamily lending by the GSEs.

In some ways this is familiar territory for the market—privatizing the GSEs would essentially mean returning them to the status they had before they were taken into conservatorship during the financial crisis. And the Administration has made clear that the backstop would continue after Fannie Mae and Freddie Mac are privatized. Overall, however, the goal of the plan is to limit the GSEs’ role in housing finance.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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