Why Are Federal Mortgage Arms Fannie and Freddie Lending to Any Big Developer?

Much less Kushner Companies.

(From Bloomberg)

Kushner Cos., the real estate firm owned by the family of President Donald Trump’s son-in-law Jared Kushner, has sought financing from federally-owned lenders for its biggest purchase in a decade.

The company has been in talks with Fannie Mae and Freddie Mac about a loan for a $1.15 billion purchase of apartments in Maryland and Virginia, according to two people familiar with the discussions, who asked not to be named discussing a private transaction.

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