The Federal Housing Finance Agency should expect some pushback on an unexpected and perhaps most controversial plan to shrink Fannie Mae’s and Freddie Mac’s multifamily finance operations, according to industry observers. As part of the Finance Agency’s 2013 Conservatorship Scorecard, FHFA Acting Director Edward DeMarco last week called for a 10 percent reduction target in business volume from 2012. This would be achieved through a combination of increased pricing, more limited product offerings and tighter…