Walker & Dunlop CEO says investors need clarity on who decides the fate of Fannie and Freddie

1. Interest rates are lower than expected amid ongoing discussions at the Zelman conference. 2. Future actions concerning Fannie and Freddie could greatly affect multifamily housing liquidity. 3. Concerns were raised about a potential land crisis affecting housing development. 4. Labor shortages in the housing sector have been exacerbated by immigration policy fears.