Fannie Discusses Considerations For Proposed REMIC Structure
September 8, 2017
In anticipating a green light for the proposal to restructure its credit-risk transfer offerings as real estate mortgage investment conduits, Fannie details additional considerations ahead of the change. The GSE said that there have been no significant concerns raised, so far, and expects to close the feedback period soon. To help expand the CRT investor base, several months ago both GSEs announced a proposal to restructure Fannie’s Connecticut Avenue Securities and Freddie’s Structured Agency Credit Risk programs. This would also help attract a different kind of investor base that includes real estate investment trusts and help boost liquidity. The REMIC structure will help...
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.