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Single Mortgage Security Set For June 2019

Single Mortgage Security Set For June 2019

Nov. 14, 2018

Fannie Mae and Freddie Mac will implement the Single Security Initiative and issue the first Uniform Mortgage-Backed Security on June 3, 2019, the Federal Housing Finance Agency said. In its latest progress report on the initiative, the FHFA said the enterprises are focused on testing the Common Securitization Platform and ensuring the market is ready ahead of the launch date.

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