Housing: Questions Over Fannie Mae, Freddie Mac Plan

摘要

Efforts to shore up confidence in Fannie Mae and Freddie Mac following a Sept. 7 federal takeover have sparked uncertainty among some observers about the mortgage giants' future role, not only in single-family housing but also in the multifamily sector. Jerry Howard, National Association of Home Builders executive vice president and CEO, calls the federal action "unfortunate" but says homebuilders are hopeful that it "will help to increase liquidity in the nation's mortgage markets and restore confidence in the global financial markets."