A Progress Report on Fannie Mae and Freddie Mac’s Move to a Single Security

Brief

A Progress Report on Fannie Mae and Freddie Mac’s Move to a Single Security

August 7, 2018

Abstract

The FHFA and GSEs are one year away from moving Fannie Mae and Freddie Mac to a single mortgage-backed security. The authors discuss the reasons for the effort, the final hurdles yet to be cleared and the significance If they succeed. In short, the authors argue, it is likely to result in one of the most significant developments of housing finance reform since the crisis.

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