MBA Raises Concerns as Freddie Launches Second Phase of Controversial MSR-Financing Pilot
September 20, 2018
Freddie Mac’s pilot program to extend lines of credit collateralized by mortgage servicing rights kicked into its second phase this month with the mortgage giant finding itself playing defense as the cries of “charter creep” continued to grow louder.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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