The GSEs eye more preservation deals this year
Both Fannie Mae and Freddie Mac posted big multifamily financing volumes in 2016, with a significant amount of business coming in affordable housing.
The activity is attributed to strong market conditions as well as product innovation from the government-sponsored enterprises (GSEs).
“The vast majority of the year we had continued low interest rates and high (low-income housing) tax credit (LIHTC) pricing,” says David Leopold, vice president of affordable housing production for multifamily at Freddie Mac. “The market dynamics were favorable for new transactions.”.........Read More
“The vast majority of the year we had continued low interest rates and high (low-income housing) tax credit (LIHTC) pricing,” says David Leopold, vice president of affordable housing production for multifamily at Freddie Mac. “The market dynamics were favorable for new transactions.”.........Read More
No comments:
Post a Comment