CREF Track Session 7: Fireside Chat with Hugh Frater, Former CEO of Fannie Mae
National Association of Realtors, 500 New Jersey Avenue, NW, Top Floor
Fannie Mae and Freddie Mac (the GSEs) are the largest source of mortgage credit for the multifamily rental market — and have been in conservatorship for nearly 17 years. FHFA acts not only as their regulator but also as their conservator, now with the FHFA Director also serving as the Chair of each GSE Board. Treasury is the largest stockholder in each Enterprise. Each new Administration has brought its own policies, priorities, and personnel to FHFA, which in turn leads to shifts in focus for Fannie Mae and Freddie Mac. The Trump Administration is no different and has also brought unprecedented attention to the task of removing the GSEs from conservatorship. Join MBA President and CEO Bob Broeksmit and Former Fannie Mae CEO Hugh Frater for a fireside chat about Fannie Mae, Freddie Mac, their multifamily lending programs, and what the future holds.
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DJ Effler
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Robert D. Broeksmit, CMB
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Hugh R. Frater