Are Local Banks Cutting into Fannie Mae’s Multifamily Loan Business? | Commercial Property Management Magazine

“As a result of the collapse of the mortgage market, many feel that replacing Fannie Mae and Freddie Mac is a necessity, but, according to an article recently published in Forbes, phasing out Fannie and Freddie as a consequence to the mortgage meltdown is like “pulling over when the check engine light comes on and changing a tire, the fix has nothing to do with the problem.”
http://www.cpmmags.com/blog/1321/are-local-banks-cutting-into-fannie-maes-multifamily-loan-business.html

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s