Maloney Opposes FHFA Proposal to Cut Multifamily Portfolios of Fannie and Freddie

WASHINGTON, D.C. – October 9, 2013 – (RealEstateRama) — Rep. Carolyn B. Maloney (D-NY), Ranking Member of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, today wrote the Federal Housing Finance Agency opposing further cuts to the multifamily businesses of Fannie Mae and Freddie Mac, the guarantors of $63 billion of loans backing multifamily apartment buildings per year nationwide


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