Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The GSEs, Fannie Mae and Freddie Mac, have been the backbone of multifamily finance since the start of the credit crisis and then recession; indeed even during a strong economy they provide the majority of finance to this asset class. The commercial real estate industry has been, not surprisingly, very supportive of the government measures to buttress the agencies since last September. Therefore, the results of last week’s Quick Poll were something of a surprise. The question–is $15 billion, Fannie Mae’s most recent request in emergency Treasury Department aid–finally too much. The responses were a lopsided 70% to 30% in favor of the notion that, yes, it was too much.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.