0 minute readThe CEO of the beleaguered mortgage giant Freddie Mac defended its record Tuesday against voices rising against it in Washington. U.S. Rep. Barney Frank, D-Mass, has suggested the possible scrapping of Freddie Mac and Fannie Mae, both of which have been under government control since 2008. At a Detroit Economic Club luncheon in Southfield, Freddie Mac CEO Charles “Ed” Haldeman said he understands the frustration surrounding America’s housing meltdown. “I totally get it,” he said.
Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio
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The next test for master-planned communities is staying power
As master-planned communities navigate a shifting housing market, their long-term success depends on flexible development frameworks rather than rigid, short-term trends. By prioritizing adaptable entitlements, operational sustainability and meaningful public spaces, developers can create economically resilient neighborhoods that endure across generations.
Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio
