Government-sponsored enterprises urged to lead in developing affordable rental housing market.
The article discusses how Fannie Mae and Freddie Mac can help develop a secondary market for rental housing mortgages. They have experience in the single-family mortgage market but need to create standards and information for the rental housing market. Pilot programs show that these government-sponsored enterprises have a small role in this market. The article suggests that Fannie Mae and Freddie Mac should take a more active leadership role in developing the multifamily market.