Economists: Multifamily market to get lift from Fannie, Freddie rescue

09/9/2008 | GlobeSt.com

The Treasury Department's takeover of Fannie Mae and Freddie Mac should give the U.S. multifamily housing market a boost. While the rescue plan is not a "silver bullet," a "better capitalized Fannie and Freddie will be empowered to step up their provision of credit," said Mark Zandi, chief economist and co-founder of Moody's Economy.com.

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