The new transaction will offer LIHTC lenders an additional source of liquidity in a tight market. A San Francisco transaction tests the waters to see if the new security floats.
Affordable housing expert heads back to the private sector. Industry observers wait to see if this is the beginning of a wave as Freddie CEO Donald Layton retires.
Fannie and Freddie continued to meet FHFA's strategic goals: maintaining credit access, preventing foreclosures, reducing taxpayer risks and building securitization infrastructure.