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WASHINGTON, DC—As Fannie Mae and Freddie Mac move towardprivatization, Jeff Lee, president of Capital One MultifamilyFinance, believes they will have to make some importantdecisions.
Specifically, they will need to balance pure economic returnsversus mission-driven business. "There could be more of a focus onreturn metrics to ensure they could provide an adequate return oncapital in the event of privatization," Lee says.
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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.
