Fannie Mae CEO: Private Capital Unwilling to Step Into Mortgages

HousingWire, May 5, 2016–Gaffney, Jacob

For all the calls to reduce the roles Fannie Mae and Freddie Mac play in the mortgage finance world, Timothy Mayopoulos shared this point: Private capital is “unwilling to step in” to replace the government-sponsored enterprises as mortgage finance leaders in the secondary market.