The CRE Finance Council Welcomes Federal Housing Finance Agency Director Bill Pulte

2025-03-14 03:31:11

(MENAFN- PR Newswire)

NEW YORK, March 14, 2025 /PRNewswire/ -- The CRE Finance Council (CREFC), the trade association that exclusively represents the nearly $6 trillion commercial and multifamily Real estate finance industry, released the following statement from CREFC President and Chief Executive Officer Lisa Pendergast after the U.S. Senate voted to confirm Bill Pulte as Director of the federal housing Finance Agency (FHFA):

"On behalf of CREFC's members and member firms, I want to congratulate Bill Pulte on his confirmation by the U.S. Senate as director of the Federal Housing Finance Agency. The FHFA oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Bank (FHLB) system, which play a pivotal role in providing liquidity to the nation's housing market.

"CREFC and its members are focused on promoting liquidity, transparency, and efficiency in the commercial and multifamily real estate finance markets. We look forward to working with FHFA Director Pulte and his staff at a crucial moment when the nation's housing supply and housing affordability face daunting challenges."

About CREFC

The CRE Finance Council (CREFC) is the trade association for the nearly $6 trillion commercial real estate finance industry with a membership that includes approximately 400 companies and 19,000 individuals. Member firms include balance sheet and securitized lenders, loan and bond investors, private equity firms, servicers, rating agencies, and borrowers. For more than 30 years, CREFC has promoted liquidity, transparency, and efficiency in the commercial real estate finance markets. We function as an important legislative and regulatory advocate for the industry, play a vital role in setting market standards and best practices, and provide education for market participants.

SOURCE CRE Finance Council

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