Testimony from both liberal and conservative housing industry observers questioned the Trump administration’s policy regarding the future of Fannie and Freddie.
Don Layton, under whose leadership Freddie rolled out the first CRT transaction in 2012, said cracks in the GSEs’ CRT programs expose them to systemic risks. The cure: a new capital rule.
Freddie markets multifamily CRT deal; Fannie updates bankruptcy attorney fees; multifamily affordability test includes updated High Opportunity Areas data.