The Federal Housing Finance Agency (FHFA) announced a deadline of Dec. 31 for the implementation of a new securitization platform.
This new secondary market would serve both Fannie Mae and Freddie Mac mortgages, along with a post-conservatorship market with multiple future issuers.
FHFA’s announcement was connected to a conservatorship scorecard released Friday, outlining a potential execution plan for the agency’s ultimate goal: reducing the dominance of government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac in the housing market.
