Fannie Mae and Freddie Mac have long been the go-to sources for multifamily debt capital, and this trend continues. Yet earlier this year, the GSEs were forced to pull back from the market, fearing they would reach the federally set cap of $30 billion in multifamily loan originations. This, of course, opened the door for other types of financing, such as conduits, banks and institutions, to increase their market share. Since FHFA eased the limits this past summer, Fannie and Freddie have been back in full force, albeit with slightly higher rates and tighter terms. What can we expect from these behemoths going forward? How are they dealing with increased competition and regulation? What will demand be like, and what do borrowers want? In our two-part presentation, hear from senior executives from both Fannie and Freddie, followed by the lenders that work with GSEs on behalf of borrowers. Both groups with give their take on the state and direction of the multifamily capital markets.