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GSE Privatization and Its Impact on Multifamily Financing – Marc Gordon Interviewed
Woodland Hills, CA – September 24, 2025 – The question of whether Fannie Mae and Freddie Mac should be privatized has long been debated in housing and finance circles. In a recent article by Multi-Housing News, “GSE Privatization: Mission Possible?”, Marc Gordon, Principal, Co-President & CFO of Investors Management Group, offered his perspective on what such a shift could mean for multifamily investors.
The article examines the critical role these government-sponsored enterprises (GSEs) play in today’s housing market. Together, Fannie Mae and Freddie Mac hold more than $8 trillion in mortgages, making them essential to maintaining liquidity and affordability across both single-family and multifamily sectors. Their backing provides confidence to lenders and borrowers alike, ensuring that capital flows even in periods of market volatility.
For multifamily investors, the stakes are especially high. Agency financing has long been a preferred option because of the certainty it brings to transactions. Marc emphasized that the ability to lock in interest rates and close deals on the terms outlined at application creates a level of predictability that’s difficult to match elsewhere. In contrast, other financing sources such as CMBS or debt funds may introduce last-minute changes in pricing or terms—adding complexity and uncertainty to an already challenging process.
Marc noted that this reliability isn’t just a matter of convenience—it directly influences how investment groups like IMG plan, structure, and execute transactions. For a platform serving more than 1,200 investors nationwide, confidence in financing is essential to protecting capital and aligning debt structures with long-term investment goals.
As the debate around privatization continues, Marc’s insights highlight why the multifamily industry is closely watching any potential changes to Fannie Mae and Freddie Mac. What happens next will have wide-reaching implications for investors, operators, and residents alike.
Read the full interview here: GSE Privatization: Mission Possible?.