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In Multifamily Finance, Fannie and Freddie Are Still the Elephant in the Room

June 6, 2018

Ask a dozen multifamily experts what should become of Fannie Mae and Freddie Mac, the public-private corporations that guarantee American residential mortgages, and you’re likely to hear three dozen suggestions. But the one thing everyone can agree on is that no one expected the so-called government-sponsored entities (GSEs) to still be where they are today. Willy Walker, who in his role as CEO of Walker & Dunlop leads the company that’s the biggest contributor to Fannie Mae multifamily mortgages and the third-biggest to Freddie Mac’s, knows all too well that conservatorship was never meant to be a permanent solution.

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