After the SEC's charging of 45 Fannie and Freddie execs, what is the multi-housing world going to look like in the coming years?

The conslusion of a  panel of industry experts was that affordable housing might be badly damaged, and that the financing landscape for all multi-family housing will be changed.

Congressional support for the financing corporations is not in the cards, Commercial Property Executive said in a report on a panel held at the New York Housing Conference and National Housing Conference’s 38th Annual Awards Programs.

Ethan Handelman, vice president of the national group, said everyone agrees the structure will change, even though the results of Fannie's and Freddie's multi-family housing efforts have been positive.

Multi-family has proven a solid investment for Fannie and Freddie because they use different underwriting standards than they have for the single-family loans that have brought them so much grief because of poor performance, speakers noted.