March 6 | GlobeSt

Multifamily Finance Readies for a Haircut | by Erika Morphy

GlobeSt reports: Federal Housing Finance Agency Acting Director Edward DeMarco couldn’t have been more specific about his plans for the GSEs' multifamily finance operations: there will be a 10% reduction target in business volume from 2012 levels—achieved through some combination of increased pricing, more limited product offerings, and tighter overall underwriting standards.

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In This Story: @SamChandan @ChandanEcon @EMorphy @GlobeStcom