Fannie Mae reportedly plans new risk-sharing MBS

09/13/2013 | Reuters

Fannie Mae will advertise a new risk-sharing mortgage-backed security over the next two weeks, according to sources familiar with the situation. The security is similar to Freddie Mac's Structured Agency Credit Risk bond, and its purpose is to distribute risk to the private sector in accordance with a mandate from the Federal Housing Finance Agency. "We are working with the FHFA to meet the goals of the 2013 Conservatorship Scorecard," Fannie Mae's Callie Dosberg said.

View Full Article in:

Reuters

Published in Briefs: