Saturday, August 23, 2014

FHFA Unveils Plan to Streamline Mortgage Financing

Mortgages - FHA Common Mortgage Backed Security:


The regulator overseeing government-controlled mortgage finance giants Fannie Mae and Freddie Mac on Tuesday unveiled a plan for a common mortgage-backed security and asked investors if the program posed dangers to financial markets. The development of the new security is part of a program launched by the FHFA in 2012 to cut costs by replacing outdated systems at the two firms with a common infrastructure... ow.ly/2LIUKx

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